A progressive discipline system includes several levels of penalties such as warnings, reprimands, ...

A progressive discipline system includes several levels of penalties such as warnings, reprimands, suspensions, and finally, termination.
 
  Indicate whether the statement is true or false

Question 2

Explain the seven components of strategic staffing. How will compensation affect each component?
 
  What will be an ideal response?

Question 3

The Labor-Management Reporting and Disclosure Act is also known as the Taft-Hartley Act.
 
  Indicate whether the statement is true or false

Question 4

Which of the following visually shows each of the possible successors for a job and summarizes their strengths, present performance, promotion readiness, and development needs?
 
  A) scatter diagrams
  B) perceptual maps
  C) talent inventories
  D) replacement charts

Question 5

Which of the following forecasting methods relies on the experience and insights of people in the organization to predict a firm's future employment needs?
 
  A) trend analysis
  B) ROI analysis
  C) judgmental forecasting
  D) transition analysis

Question 6

If managers are asked to estimate their optimal headcount for the following year for staffing planning purposes, which of the following has been used?
 
  A) ratio analysis
  B) trend analysis
  C) scatter plots
  D) judgmental forecasting

Question 7

Why is it usually best to supplement the ratio, scatter plot, and trend forecasting methods with managerial judgment?
 
  A) because judgment forecasting is the most accurate method
  B) because historical trends and relationships can change
  C) because top-down approaches need analytical validation
  D) because firms need to keep their fingers on the pulse of their labor markets

Question 8

New salespeople at a retail store generate an average of 50,000 in profit their first year.
 
  In addition, the reduced workload on the rest of the sales staff improves their efficiency and ability to provide high-quality customer service by 10 percent. This is worth an additional 20,000 to the company. The cost of hiring and training a new salesperson is expected to be 3,000 and 8,000 respectively. The salary for this position is 35,000. What is the return on investment of hiring an additional salesperson?
  A) 152
  B) 163
  C) 200
  D) 143