Question

When a human resource department is considering available talent within the company, which of the following will it use to determine successors for key personnel? a. Demand inventory b. Replacement chart c. Skills inventory d. Human resource forecast

Answer 1

Answer:

The answer is "b" - replacement chart.

Explanation:

The answer is replacement chart.

When a company prepares a chart on various positions in the company ,it's current employees , it's requirements , potential replacements for those employees , it is known as a replacement chart. Hence when the HR department is considering the available talent within the company to determine the successor of a key personal it refers the replacement chart to get the list of replacement available. Hence the answer is replacement chart, b.

Skills inventory:

A skills inventory is a compilation of the skills, education and experiences of current employees. Organizations use these inventories to assess whether current staff can meet company goals. Understanding the company's pool of current skills/talents and future skill requirements aids in strategic planning efforts.

Human resource forecast:

Human resources (HR) forecasting involves projecting labor needs and the effects they'll have on a business. An HR department forecasts both short- and long-term staffing needs based on projected sales, office growth, attrition and other factors that affect a company's need for labor.