Question 1

​Turtle Tanks Inc.
Turtle Tanks Inc.designs and manufactures spherical-shaped septic tanks that,unlike rectangular tanks,are not buoyant when buried in land and that stay put in high water tables.There is increased demand for them at resort and recreational properties,particularly lakeshore properties across Canada where buildings cannot be hooked up to municipal sewer systems.Among the many benefits of this product is that it meets high environmental standards and has recently won several "green product" awards.The company's main office and manufacturing plant is located in Kelowna,B.C. ,but over the past two years,the company has expanded.It now has service offices in all provinces and one manufacturing plant in Winnipeg,Manitoba.As a result of the company's continued major expansion,it anticipates that the required number of employees for locations outside B.C.will increase by 20 percent this year and that the need for local Kelowna employees will decrease by 10 percent.Turtle Tanks Inc.currently has 85 full-time employees.The Kelowna operations began the year with three extra senior civil construction engineers and five extra construction labourers.The growth in demand for construction engineers has been strong due to the economic developments in Turtle Tanks Inc.'s external environment and the scarcity of competitors.The plant in Winnipeg,Manitoba,began the year short of two senior civil construction engineers,four concrete finishers,and two entry-level office administration positions.The Kelowna office manager,who oversees all the offices across Canada,has recently decided to take early retirement.The owner also hopes to retire within the next few years but has no plans concerning who will take over the company.The HR manager,based in Kelowna,is very busy developing staffing policies and processes to guide and support this expansion.She has developed job descriptions to ascertain if job candidates possess the required knowledge,skills,and abilities to perform their jobs.She has also developed behavioural-based interview questions that can ascertain whether a job applicant will fit into the corporate culture of green sustainable practices of "people and the environment" and the key corporate values of "quality,environmental responsibility,and integrity."
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What human resource forecasting model is Turtle Tanks Inc.using?
A) time-series model
B) cause-and-effect model
C) judgmental model
D) staffing analysis model

Accepted Answer

The answer of ​Turtle Tanks Inc.
Turtle Tanks Inc.designs and manufactures...

Question 2

​Turtle Tanks Inc.
Turtle Tanks Inc.designs and manufactures spherical-shaped septic tanks that,unlike rectangular tanks,are not buoyant when buried in land and that stay put in high water tables.There is increased demand for them at resort and recreational properties,particularly lakeshore properties across Canada where buildings cannot be hooked up to municipal sewer systems.Among the many benefits of this product is that it meets high environmental standards and has recently won several "green product" awards.The company's main office and manufacturing plant is located in Kelowna,B.C. ,but over the past two years,the company has expanded.It now has service offices in all provinces and one manufacturing plant in Winnipeg,Manitoba.As a result of the company's continued major expansion,it anticipates that the required number of employees for locations outside B.C.will increase by 20 percent this year and that the need for local Kelowna employees will decrease by 10 percent.Turtle Tanks Inc.currently has 85 full-time employees.The Kelowna operations began the year with three extra senior civil construction engineers and five extra construction labourers.The growth in demand for construction engineers has been strong due to the economic developments in Turtle Tanks Inc.'s external environment and the scarcity of competitors.The plant in Winnipeg,Manitoba,began the year short of two senior civil construction engineers,four concrete finishers,and two entry-level office administration positions.The Kelowna office manager,who oversees all the offices across Canada,has recently decided to take early retirement.The owner also hopes to retire within the next few years but has no plans concerning who will take over the company.The HR manager,based in Kelowna,is very busy developing staffing policies and processes to guide and support this expansion.She has developed job descriptions to ascertain if job candidates possess the required knowledge,skills,and abilities to perform their jobs.She has also developed behavioural-based interview questions that can ascertain whether a job applicant will fit into the corporate culture of green sustainable practices of "people and the environment" and the key corporate values of "quality,environmental responsibility,and integrity."
Which two factors would the HR manager take to ensure the HR forecasting process is successful?
A) The process is valid and reliable.
B) The process meets legal requirements and government standards.
C) The process creates a large number and qualified applicants to interview.
D) The process creates a large number of applications and is unbiased.

Accepted Answer

The HR manager would need to ensure that the forecasting process is both valid and reliable in order to accurately predict the required number of employees needed for expansion. Meeting legal requirements and government standards, creating a large number of qualified applicants to interview, and creating a large number of applications that are unbiased are all important factors for successful HR processes, but they are not directly related to the forecasting process.

Question 3

What is the external HR supply,given that the organization has a workforce of 500,its historical annual replacement/loss rate is 7 percent,and its corporate downsizing policy will reduce staffing levels by 10 percent? Round to the nearest whole number.
A) -85
B) -15
C) 15
D) 85

Accepted Answer

The answer of What is the external HR supply,given that...

Question 4

Which of the following is NOT an internal factor that will affect HR demand?
A) downsizing management
B) vacations and sick days
C) planned redundancy
D) training and development

Accepted Answer

Training and development is an internal factor that affects HR supply, not demand.

Question 5

Which of the following is NOT related to attrition?
A) retirements
B) voluntary turnover
C) terminations
D) deaths

Accepted Answer

The answer of Which of the following is NOT related...

Question 6

A serious problem develops in some organizations when the personnel planning process becomes connected to the overall business goals of the organization.

Accepted Answer

This statement is not true. In fact, connecting personnel planning to overall business goals is highly recommended as it helps ensure that the organization has the right people in the right positions to achieve its objectives.

Question 7

What is created when the HR demand exceeds the current personnel resources available in the organization's workforce?
A) HR surplus
B) HR shortage
C) HR scarcity
D) HR supply

Accepted Answer

When the HR demand exceeds the current personnel resources available in the organization's workforce, it creates an HR shortage. This means that the organization does not have enough employees to meet the current demand for their business operations. This can lead to decreased productivity, increased workload on existing employees, and may result in the need to hire more employees in the future.

Question 8

Transaction-based forecasting is concerned with changes in the external environment.

Accepted Answer

Transaction-based forecasting focuses on predicting future sales or demand based on historical transaction data, not changes in the external environment.

Question 9

What is the external HR supply,given that the organization has a workforce of 1 500,its historical annual replacement/loss rate is 5 percent,and its desired future growth rate is 12 percent? Round to nearest whole number.
A) -255
B) -105
C) 105
D) 255

Accepted Answer

External HR supply = (Workforce * Desired growth rate) - (Workforce * Historical replacement/loss rate)
External HR supply = (1500 * 0.12) - (1500 * 0.05)
External HR supply = 180 - 75
External HR supply = 105 (rounded to the nearest whole number)

Question 10

What HR concept is defined as a single numerical estimate of HR requirements associated with a specific time horizon and set of assumptions?
A) envelope
B) prediction
C) forecasting targets
D) projection

Accepted Answer

The answer of What HR concept is defined as a...

Question 11

What type of forecasting occurs in the range of two to five years?
A) current
B) short-run
C) medium-run
D) long-run

Accepted Answer

The range of two to five years falls under medium-run forecasting.

Question 12

How many years are typically used for a medium-run HR forecast?
A) 1 to 2 years
B) 2 to 3 years
C) 2 to 5 years
D) 5 to 10 years

Accepted Answer

Medium-run HR forecasts typically cover a period of 2 to 5 years. This timeframe allows organizations to plan for the near future while also taking into account possible changes and trends that may affect their workforce in the longer term.

Question 13

​Turtle Tanks Inc.
Turtle Tanks Inc.designs and manufactures spherical-shaped septic tanks that,unlike rectangular tanks,are not buoyant when buried in land and that stay put in high water tables.There is increased demand for them at resort and recreational properties,particularly lakeshore properties across Canada where buildings cannot be hooked up to municipal sewer systems.Among the many benefits of this product is that it meets high environmental standards and has recently won several "green product" awards.The company's main office and manufacturing plant is located in Kelowna,B.C. ,but over the past two years,the company has expanded.It now has service offices in all provinces and one manufacturing plant in Winnipeg,Manitoba.As a result of the company's continued major expansion,it anticipates that the required number of employees for locations outside B.C.will increase by 20 percent this year and that the need for local Kelowna employees will decrease by 10 percent.Turtle Tanks Inc.currently has 85 full-time employees.The Kelowna operations began the year with three extra senior civil construction engineers and five extra construction labourers.The growth in demand for construction engineers has been strong due to the economic developments in Turtle Tanks Inc.'s external environment and the scarcity of competitors.The plant in Winnipeg,Manitoba,began the year short of two senior civil construction engineers,four concrete finishers,and two entry-level office administration positions.The Kelowna office manager,who oversees all the offices across Canada,has recently decided to take early retirement.The owner also hopes to retire within the next few years but has no plans concerning who will take over the company.The HR manager,based in Kelowna,is very busy developing staffing policies and processes to guide and support this expansion.She has developed job descriptions to ascertain if job candidates possess the required knowledge,skills,and abilities to perform their jobs.She has also developed behavioural-based interview questions that can ascertain whether a job applicant will fit into the corporate culture of green sustainable practices of "people and the environment" and the key corporate values of "quality,environmental responsibility,and integrity."
​
What is the most important HR action that Turtle Tanks Inc.is currently taking?
A) planning for its human resources
B) recruiting for its human resources
C) training for its human resources
D) hiring its human resources

Accepted Answer

The most important HR action that Turtle Tanks Inc. is currently taking is planning for its human resources. The company is experiencing major expansion and anticipates a 20% increase in required employees for locations outside of B.C. while the need for local employees in Kelowna will decrease by 10%. The HR manager is busy developing staffing policies and processes to guide and support this expansion, including job descriptions and behavioural-based interview questions. This shows that the company is actively planning and preparing for its human resource needs.

Question 14

Which of the following external factors affect HR forecasting?
A) managerial appraisals
B) competitor's HR policies
C) executive career planning
D) training and development

Accepted Answer

Competitor's HR policies can directly impact HR forecasting as companies often have to adjust their own HR strategies in response to the actions taken by their competition. Choices A, C, and D are all internal factors that would not directly impact HR forecasting.

Question 15

What is created when the HR supply exceeds the current personnel resources available in the organization's workforce?
A) HR surplus
B) HR shortage
C) HR scarcity
D) HR supply

Accepted Answer

When the HR supply exceeds the current personnel resources available in the organization's workforce, it creates an HR surplus, meaning there are more employees available than there are jobs to fill. This can lead to layoffs or restructuring within the organization.

Question 16

​Turtle Tanks Inc.
Turtle Tanks Inc.designs and manufactures spherical-shaped septic tanks that,unlike rectangular tanks,are not buoyant when buried in land and that stay put in high water tables.There is increased demand for them at resort and recreational properties,particularly lakeshore properties across Canada where buildings cannot be hooked up to municipal sewer systems.Among the many benefits of this product is that it meets high environmental standards and has recently won several "green product" awards.The company's main office and manufacturing plant is located in Kelowna,B.C. ,but over the past two years,the company has expanded.It now has service offices in all provinces and one manufacturing plant in Winnipeg,Manitoba.As a result of the company's continued major expansion,it anticipates that the required number of employees for locations outside B.C.will increase by 20 percent this year and that the need for local Kelowna employees will decrease by 10 percent.Turtle Tanks Inc.currently has 85 full-time employees.The Kelowna operations began the year with three extra senior civil construction engineers and five extra construction labourers.The growth in demand for construction engineers has been strong due to the economic developments in Turtle Tanks Inc.'s external environment and the scarcity of competitors.The plant in Winnipeg,Manitoba,began the year short of two senior civil construction engineers,four concrete finishers,and two entry-level office administration positions.The Kelowna office manager,who oversees all the offices across Canada,has recently decided to take early retirement.The owner also hopes to retire within the next few years but has no plans concerning who will take over the company.The HR manager,based in Kelowna,is very busy developing staffing policies and processes to guide and support this expansion.She has developed job descriptions to ascertain if job candidates possess the required knowledge,skills,and abilities to perform their jobs.She has also developed behavioural-based interview questions that can ascertain whether a job applicant will fit into the corporate culture of green sustainable practices of "people and the environment" and the key corporate values of "quality,environmental responsibility,and integrity."
​
What is taking place in the last sentence of the scenario?
A) strategic human resource management
B) human resource management
C) linking human resource planning with strategic planning
D) ascertaining human resource supply

Accepted Answer

Linking human resource planning with strategic planning is taking place in the last sentence of the scenario. The HR manager is developing staffing policies and processes to guide and support the company's expansion. This includes developing job descriptions and behavioural-based interview questions to ensure that job candidates possess the required knowledge, skills, and abilities to perform their jobs and fit into the corporate culture.

Question 17

Male university graduates who are disabled would constitute a "designated group" with respect to hiring in Canada.

Accepted Answer

According to the Employment Equity Act, male university graduates who are disabled are considered a designated group with respect to hiring in Canada.

Question 18

​Turtle Tanks Inc.
Turtle Tanks Inc.designs and manufactures spherical-shaped septic tanks that,unlike rectangular tanks,are not buoyant when buried in land and that stay put in high water tables.There is increased demand for them at resort and recreational properties,particularly lakeshore properties across Canada where buildings cannot be hooked up to municipal sewer systems.Among the many benefits of this product is that it meets high environmental standards and has recently won several "green product" awards.The company's main office and manufacturing plant is located in Kelowna,B.C. ,but over the past two years,the company has expanded.It now has service offices in all provinces and one manufacturing plant in Winnipeg,Manitoba.As a result of the company's continued major expansion,it anticipates that the required number of employees for locations outside B.C.will increase by 20 percent this year and that the need for local Kelowna employees will decrease by 10 percent.Turtle Tanks Inc.currently has 85 full-time employees.The Kelowna operations began the year with three extra senior civil construction engineers and five extra construction labourers.The growth in demand for construction engineers has been strong due to the economic developments in Turtle Tanks Inc.'s external environment and the scarcity of competitors.The plant in Winnipeg,Manitoba,began the year short of two senior civil construction engineers,four concrete finishers,and two entry-level office administration positions.The Kelowna office manager,who oversees all the offices across Canada,has recently decided to take early retirement.The owner also hopes to retire within the next few years but has no plans concerning who will take over the company.The HR manager,based in Kelowna,is very busy developing staffing policies and processes to guide and support this expansion.She has developed job descriptions to ascertain if job candidates possess the required knowledge,skills,and abilities to perform their jobs.She has also developed behavioural-based interview questions that can ascertain whether a job applicant will fit into the corporate culture of green sustainable practices of "people and the environment" and the key corporate values of "quality,environmental responsibility,and integrity."
What legislation is particularly relevant to HR forecasting at Turtle Tanks Inc.?
A) CSA standards
B) employment equity
C) labour relations
D) health and safety

Accepted Answer

The legislation that is particularly relevant to HR forecasting at Turtle Tanks Inc. is employment equity. This is because the company is expanding to different provinces and will need to ensure that it follows employment equity regulations, which require employers to eliminate employment barriers and ensure that all individuals have equal access to employment opportunities. This will involve forecasting HR needs and ensuring that the company has diversity and inclusivity policies and practices in place. The other options, such as CSA standards, labour relations, and health and safety, are also important but are not as directly relevant to HR forecasting in this scenario.

Question 19

HR supply is defined as the organization's projected requirement for human resources.

Accepted Answer

HR supply refers to the current human resources available within the organization, including the number and skills of the employees, not the projected requirement.

Question 20

If an organization does not incorporate information from the external environment,what impact will this have on HR forecasting?
A) lack of specificity in HR forecasting from top management
B) elimination of personnel policies that are irrelevant to competitors
C) incompatibility between organizational goals and HR planning
D) avoidance of producing environmental scans with organizational input

Accepted Answer

HR forecasting relies on understanding the external environment to align organizational goals with future HR needs. Without incorporating information from the external environment, there may be a misalignment between organizational goals and HR planning. This can result in ineffective HR forecasting and potential HR shortages or surpluses.

Quiz 4: The HR Forecasting Process

What is the external HR supply,given that the organization has a workforce of 500,its historical annual replacement/loss rate is 7 percent,and its corporate downsizing policy will reduce staffing levels by 10 percent? Round to the nearest whole number.

Which of the following is NOT an internal factor that will affect HR demand?

Which of the following is NOT related to attrition?

A serious problem develops in some organizations when the personnel planning process becomes connected to the overall business goals of the organization.

What is created when the HR demand exceeds the current personnel resources available in the organization's workforce?

Transaction-based forecasting is concerned with changes in the external environment.

What is the external HR supply,given that the organization has a workforce of 1 500,its historical annual replacement/loss rate is 5 percent,and its desired future growth rate is 12 percent? Round to nearest whole number.

What HR concept is defined as a single numerical estimate of HR requirements associated with a specific time horizon and set of assumptions?

What type of forecasting occurs in the range of two to five years?

How many years are typically used for a medium-run HR forecast?

Which of the following external factors affect HR forecasting?

What is created when the HR supply exceeds the current personnel resources available in the organization's workforce?

Male university graduates who are disabled would constitute a "designated group" with respect to hiring in Canada.

HR supply is defined as the organization's projected requirement for human resources.

If an organization does not incorporate information from the external environment,what impact will this have on HR forecasting?