11.The Conference Board’s __________, a monthly composite economic index published by the Conference Board, is designed to signal peaks and troughs in the business cycle and forecast future economic activity.
a.leading economic indexc.exchange rate trends
b.consumer confidence indexd.interest rate forecasts
12.When interest rates rise, the demand for houses tends to __________, decreasing the demand for skilled trade workers and mortgage specialists.
a.decreasec.stay the same
b.increased.surge
13.The HR manager of L&M Consulting knew that she hired 14 new employees last year, which leads her to predict that she would need about 14 new employees in the new year. This is an example of _________.
a.trend analysisc.judgmental forecasting
b.ratio analysisd.interest rate forecasting
14.Using past relationships to forecast how many employees will be needed for different levels of business activity is called __________.
a.trend analysisc.judgmental forecasting
b.ratio analysisd.interest rate forecasting
15.Relying on the expertise of people in the organization to predict a firm’s future employment needs is called __________.
a.trend analysisc.judgmental forecasting
b.ratio analysisd.interest rate forecasting
16.Using a __________involves indexing headcount with a business metric.
a.trend analysisc.staffing ratio
b.ratio analysisd.interest ratio
17.Top-down __________ relies on the organization’s leaders and their experience and knowledge of their industry and company to make predictions about the firm’s future talent needs.
a.trend analysisc.judgmental forecasting
b.ratio analysisd.interest rate forecasting
18.Bottom-up __________ starts with lower level managers’ estimates of the firm’s future talent needs.
a.trend analysisc.judgmental forecasting
b.ratio analysisd.interest rate forecasting
19.Databases summarizing each employee’s competencies, qualifications, languages spoken, and anything else that can help the company understand how the employee can contribute are called __________.
a.talent inventoriesc.succession planning
b.replacement chartsd.trend analysis
20.A __________ graphically shows current jobholders, possible successors, and each successor’s readiness to assume the job.
a.talent inventoryc.succession planning
b.replacement chartd.trend analysis