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HR Metrics and Workforce Analytics MCQ

Which technique that attempts to understand how an organization’s human capital needs would change as a function of some expected change.

Answer

Correct Answer: Workforce modeling

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Workforce analytics is a strategy for combining data elements into metrics and for examining relationships or changes in HR metrics.

Answer

Correct Answer: True

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The amount of data that organizations collect and include in a data warehouse is known as ______ .

Answer

Correct Answer: Volume

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Quality of the data collected by the organization and included in a data warehouse is known as ______ .

Answer

Correct Answer: Veracity

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Velocity is the speed at which an organization captures data and stores it in the data warehouse.

Answer

Correct Answer: True

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________ is the different forms of data collected by the organization and stored in the data warehouse.

Answer

Correct Answer: Veracity

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Strategic realignment is the realignment of HR practices so that they are in alignment with overall corporate strategic goals.

Answer

Correct Answer: True

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A set of decisions made about what metrics to report, how to report them, and to whom they should be reported is known as _______ .

Answer

Correct Answer: Reporting metrics

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Push systems is a push communications channels, such as e-mail, actively push information and analyses to the attention of managers

Answer

Correct Answer: True

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Pull systems is a procedure of _______ available to managers so that they can access any of it at a point in time when it will be most useful for their decision making.

Answer

Correct Answer: Making information

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Predictive analysis is a form of data analysis in which _______ data are analyzed to make predictions about the future.

Answer

Correct Answer: Both a & b

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Operational experiments is one of the most effective methods for developing the evidence on which to base managerial decisions.

Answer

Correct Answer: True

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Which of the operational practices are of high quality and are designed around best practices ?

Answer

Correct Answer: Operational effectiveness

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Machine learning allows systems to learn and improve from experience.

Answer

Correct Answer: True

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HR process efficiency analytics focus on how efficiently HR functionality is being delivered; may support metrics such as cost per hire, days to fill positions .

Answer

Correct Answer: True

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HR metrics used to _______ the functioning of HR programs and as benchmarks for the total HRM department.

Answer

Correct Answer: Evaluate

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The sophisticated statistical analysis of large datasets to identify recurring relationships and patterns is known as _____ .

Answer

Correct Answer: Data mining

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Which type of interface for reporting HR data that uses a visual, or graphical, representation of key HR data for view by managers ?

Answer

Correct Answer: Dashboards

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A collection of very large and complex data, created by transaction processing systems is known as ______ .

Answer

Correct Answer: Big data

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A process used in management, and particularly in human resource management is known as _____ .

Answer

Correct Answer: Benchmarking

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Balanced scorecard measuring strategic organizational performance that gives managers a chance to look at their company from the perspectives of stakeholders.

Answer

Correct Answer: True

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Administrative process efficiency is the type of HR efficiency that refers to the capacity to conduct existing HRM processes accurately and on time while minimizing costs.

Answer

Correct Answer: True

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