A) Judgmental methods are not useful in situations that have no historic precedent.
B) Statistical methods are the best option for events that have no historic precedent.
C) Forecasting using judgmental methods is always more precise than forecasting using statistical methods.
D) Statistical methods are excellent for capturing historic trends.
E) Judgmental methods are better than statistical methods for events that have historic precedent.
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True/False
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True/False
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True/False
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Multiple Choice
A) Human resource recruitment
B) An applicant tracking system
C) Customer relationship management
D) Sensitivity training
E) Customer experience transformation
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Multiple Choice
A) Early retirement causes relatively less human suffering.
B) The human suffering after pay reduction is relatively low.
C) Retraining causes comparatively more human suffering than other options.
D) A hiring freeze causes immense human suffering.
E) Transfers cause the least amount of human suffering.
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Multiple Choice
A) The improved health of older people in general
B) The fear of Social Security being cut
C) Employers being constrained by age discrimination legislation
D) Insufficient younger workers to replace the older workforce
E) Employers' fear of losing the experience that older workers possess
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True/False
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Essay
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View Answer
Multiple Choice
A) homesourcing
B) co-sourcing
C) reshoring
D) telecommuting
E) offshoring
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Multiple Choice
A) Natural attrition
B) Retrained transfer
C) Outsourcing
D) Transfer
E) Technological innovation
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Essay
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View Answer
Multiple Choice
A) downsizing.
B) demotions.
C) early retirement.
D) pay reduction.
E) temporary employees.
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Multiple Choice
A) Many employers want to stay away from the costs of hiring a younger crowd and refuse to retire the older workers.
B) Older workers typically occupy the best-paid jobs and hence prevent the hiring of younger workers.
C) Improved health of older people in general,in combination with the decreased physical labor in many jobs,has made working longer a viable option.
D) Employers are ignoring situations where it is more expensive to pay for an older worker's experience than to hire younger employees.
E) Statistical forecasting results have shown that older people are an asset to an organization's economic strength.
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Multiple Choice
A) output yielded by a new hire in relation to the cost of recruiting the new hire.
B) percentage of applicants who successfully move from one stage of the recruitment and selection process to the next.
C) ratio between the price paid to a recruiting firm for potential applicants versus the number of applicants hired.
D) cost of hiring new employees as opposed to promoting internal employees to vacant positions.
E) quality of new hires by comparing the cost of training new recruits to the cost of hiring them.
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Multiple Choice
A) Warmth and informativeness
B) Race and qualifications
C) Age and experience
D) Gender and warmth
E) Experience and qualifications
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Multiple Choice
A) outsourcing.
B) downsizing.
C) delegation.
D) forecasting.
E) implementation.
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Multiple Choice
A) They are useful for predicting events in the labor market that have no historic precedent.
B) They are particularly useful in situations where there is no long,stable history.
C) They provide predictions that are much more precise than judgmental methods.
D) They remove the need for subjective judgments of experts.
E) They include variables such as intuition and guesswork in economic decision-making.
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Essay
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View Answer
Multiple Choice
A) Direct applicants
B) Internal employees
C) Boomerang employees
D) Referrals
E) Virtual employees
Correct Answer
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