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DRIVE-SPRING 2014
PROGRAM-MBADS (SEM
3/SEM 5) MBAFLEX/ MBAN2 (SEM 3) PGDHRMN (SEM 1)
SUBJECT CODE &
NAME MU0010 – MANPOWER PLANNING & RESOURCING
BK ID-B1765
CREDIT & MARKS-4
Credits, 60 marks
Q1 What do you mean
by forecasting? Describe the various types of forecasts
(Explain the
meaning of forecasting, Explaining the types of forecasts) 3, 7
Answer.
Meaning of
forecasting
Forecasts
refer to a prediction of the outcome when normal course of events are
influenced and altered by external forces. Forecasts usually take into account
both the projections and the estimates. For example, forecasts at the macro
level could result in a statement of what would happen if economic growth was
deliberately manipulated by
Q2 What do you mean
by Human Resource Accounting (HRA)? Discuss the objectives and advantages of
HRA.
(Definition of
Human Resource Accounting, Describing the objectives of HRA, Describing the
major benefits of HRA)2, 4, 4
Answer.
Human Resource
Accounting
HRA
can be defined as the process of identifying, recording, measuring human
resources and communicating related financial information associated with the
human resource to the interested users. Thus HRA not only involves measurement
of all the costs / investments associated with the recruitment, placement,
training and development of employees, but also the quantification of the
economic value of the people in an organization.
Q3 Define Talent
Engagement. Discuss the importance and levels of Talent Engagement
(Definition of
Talent Engagement, Describing the importance of Talent Engagement, Explaining
the levels of Talent Engagement) 2, 3, 5)
Answer.
Talent
Engagement
Talent engagement is the concept
which explains the degree to which a talent (employee) is emotionally bonded to
his organization and passionate about his work. Talent engagement is the level
of commitment and involvement a person has towards his organization and its
values. Talent engagement creates an atmosphere for employees to go beyond job responsibilities
to delight customers and promote business. It is a powerful retention strategy.
Q4 Discuss in
details the Employee Exit Process
(Explaining the
Employee Exit process in detail) 10
Answer.
Employee Exit
process
Employee exit process ensures
that all the documentation and processes are followed in a professional manner
by organizations and businesses.
The
employee who wants to resign will discuss with his Manager, submits his
resignation to his Manager. The Manager should put his comments on the
resignation letter and forward it to HR. (these comments can be To be
Q5 As an HR, you
are asked to focus on the Talent Development Process in your organization .How
would you define Talent Development? Explain the necessity of Talent
Development from an HR perspective. Explain the model for achieving excellence
in Talent Development
(Definition of
Talent Development, Explain the necessity of Talent Development, Factors
responsible for achieving Talent Development) 2, 5, 3
Answer.
Talent
Development
Talent development is an important
part of HR. The process involves changing an organization, its employees and
its stakeholders. This process is accomplished using planned and unplanned
learning, in order to achieve and maintain a competitive advantage for the
organization.
Q6 Write short
notes on the following:
a)Recruitment
b)Succession
Planning
(Recruitment, Succession Planning, Meaning and
objectives of Recruitment) 5,5
Answer.
a)Recruitment
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