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NEW QUESTION: 1
You are a HR Professional for your organization. You have presented an idea to your staff. The staff members then discuss their ideas based on your presentation. All of the ideas are recorded and collectively ranked from most important to least important (or some other ordinal scale). Through this process a selection or forecast can be made for the organization. What forecasting technique have you used in this scenario?
A. Brainstorming
B. Nominal group technique
C. Ratio analysis
D. Delphi Technique
Answer: B
Explanation:
Explanation/Reference:
Answer option C is correct.
The nominal group technique is a facilitated workshop to present an idea, allow brainstorming of additional ideas, and then the solutions are ranked by the group. A forecast can then be created based on the outcome of the exercise.
Answer option D is incorrect. This is more than just brainstorming as brainstorming does not begin with a presented idea or a ranking of ideas to predict an outcome.
Answer option B is incorrect. The Delphi Technique uses rounds of anonymous surveys to build consensus.
Answer option A is incorrect. Ratio analysis is a mathematical forecasting technique using two or more variables to predict a likely outcome.
Reference: PHR Exam Prep, Pearson Education, ISBN: 978-0-7897-3677-2. Chapter Four: Workforce Planning and Employment. Official PHR and SPHR Certification Guide, HR Certification Institute, ISBN:
978-1-586-44149, Section III, The US HR Body of Knowledge.
Chapter: Core Knowledge Requirements for HR Professionals
Objective: Qualitative and Quantitative Analysis

NEW QUESTION: 2
What is a parameter for measuring progress relative to key objectives in an organization?
A. Balanced Scorecard (BCS)
B. Service Improvement Program (SIP)
C. Critical Success Factor (CSF)
D. Key Performance Indicator (KPI)
Answer: D

NEW QUESTION: 3
Which type of warranty is enacted if a service or product does not meet the level of quality specified in the contract?
A. Express warranty
B. Implied warranty of specified quality
C. Implied warranty of merchantability
D. none of the above
Answer: A