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Question :
21) A ________ illustrates the relationship between two factors: a : 1404274

21) A ________ illustrates the relationship between two factors: a measure of business activity and staffing levels.

21) ______

A) ratio analysis

B) scatter plot

C) regression analysis

D) trend analysis

E) time-series analysis

22) A statistical technique involving the use of a mathematical formula to project future demands, based on an established relationship between an organization's employment level and some measurable factor of output, is known as:

22) ______

A) ratio analysis.

B) a computerized forecast.

C) trend analysis.

D) a scatter plot.

E) regression analysis.

23) In contrast to quantitative approaches, qualitative techniques rely solely on:

23) ______

A) trend analysis.

B) expert judgments.

C) a scatter plot.

D) multiple regression analysis.

E) regression analysis.

24) Two approaches used to gather qualitative data in order to forecast HR demand (or supply) are:

24) ______

A) ratio analysis and nominal group technique.

B) trend analysis and scatter plot.

C) nominal group and Delphi technique.

D) scatter plot and Delphi technique.

E) regression analysis and nominal group technique.

25) A decision-making technique that involves a group of experts meeting face to face, which can be used for HR forecasting, is known as:

25) ______

A) an informal expert forecast.

B) a formal expert forecast.

C) the Delphi technique.

D) managerial judgment.

E) the nominal group technique.

26) The drawbacks of which forecasting technique include subjectivity and the potential for group pressure to lead to less accurate assessments than could be obtained through other means?

26) ______

A) the nominal group technique.

B) an informal expert forecast.

C) the Delphi technique.

D) a formal expert forecast.

E) managerial judgment.

27) You have just been hired as the Director of Human Resources at a mid sized engineering company. The CEO has asked you to assist her in forecasting future human resources needs and to first use a forecasting technique which would generate an exchange of ideas among Directors of each division. She is concerned that you use a technique which will lead to greater acceptance of results among Directors. Which technique do you use?

27) ______

A) nominal group technique

B) an informal expert forecast

C) the nominal group technique

D) a formal expert forecast

E) regression analysis

28) You have just been hired as the Director of Human Resources at a mid sized engineering company. The CEO has asked you to assist her in forecasting future human resources needs and to first use a qualitative technique which is useful for long-range forecasting. Which technique do you choose?

28) ______

A) an informal expert forecast

B) the Delphi technique

C) a formal expert forecast

D) the nominal group technique

E) managerial judgment

29) The drawbacks of which forecasting technique include the fact that judgments may not efficiently use objective data?

29) ______

A) the nominal group technique

B) managerial judgment

C) a formal expert forecast

D) an informal expert forecast

E) the Delphi technique

30) Permitting a group to critically evaluate a wide range of views is an advantage of which forecasting technique?

30) ______

A) a formal expert forecast

B) managerial judgment

C) an informal expert forecast

D) the nominal group technique

E) the Delphi technique