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ORGB 364 FINAL EXAM AND PRACTICE EXAM
LATEST 2025/ 2026 ACTUAL EXAM WITH COMPLETE
QUESTIONS AND CORRECT DETAILED ANSWERS
(100% VERIFIED ANSWERS) |ALREADY GRADED A+|
||VERIFIED EXAM!!!|| ||LATEST EXAM!!!||
What is employee segmentation? - Answer-The grouping of employees based on characteristics that are relevant to the employee experience such as career preferences, demographics, work-life preferences, or benefits
What is the skills gap? - Answer-A situation in which the supply of a particular form of human capital available to the firm is inadequate to address the demand
Retention is greatly enhanced by? - Answer-- Effective communication
- Facilitating an enjoyable atmosphere
- Formulating and administering performance and
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compensation systems
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What is a skills inventory? - Answer-An individualized personnel record held on each employee except those currently in management or professional positions
What are items in a skills inventory? - Answer-- Personal information
- Education, training and skills competencies
- Work history
- Performance ratings
- Career information
- Hobbies and interests
What is a management inventory? - Answer-An individualized personnel record for managerial, professional, or technical personnel that includes all elements in the skills inventory with the addition of information on specialized duties, responsibilities, and accountabilities
What is in a management inventory? - Answer-- A history of management or professional jobs held
- A record of management or professional training courses
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- Key accountabilities for current job
- Assessment centre and appraisal data
- Professional and industry association memberships
What is the Markov Model? - Answer-A model that produces a series of matrices that detail the various patterns of movement to and from the various jobs in the organization
What are the Markov Model assumptions? - Answer-- Patterns are historical
- Model requires transitional probabilities
- Sequence of movement between jobs are called Markov
- Vacancies create a multiplier effect
- Movement is tracked annually
chains
What are transitional probabilities? - Answer-The proportion of employees who have historically resided in a given employment state divided by the total number of employees
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