Asked by Felicia Owunwanne on Jun 27, 2024
Verified
If you wanted to use the best technique for tracking the number of individuals who move annually between various job levels in an organization,which of the following would you choose?
A) Markov model
B) Delphi technique
C) succession planning
D) ripple effect
Markov Model
A statistical model that predicts future states based on current events, widely used in fields like economics and speech recognition.
Tracking
This involves the process of monitoring and recording the movement or progress of an object, person, or trend over time.
- Acquire knowledge about diverse models of HR supply and their utilization in strategizing staff movements within a corporation.
Verified Answer
FM
Frankie MartinezJun 29, 2024
Final Answer :
A
Explanation :
A Markov model is a statistical technique that can be used to track individual movements between various job levels over time. It is a probabilistic model that considers the transition probabilities between different states, such as moving from an entry-level position to a mid-level position or from a mid-level position to a senior position. The model can help organizations identify trends in employee movement and predict future changes in their workforce. The Delphi technique is a consensus-building method that involves multiple rounds of anonymous surveys and expert feedback, and succession planning focuses on identifying and developing internal candidates for key positions. The ripple effect refers to the impact that organizational changes can have on employees and their work environment, but it is not a technique for tracking movement between job levels.
Learning Objectives
- Acquire knowledge about diverse models of HR supply and their utilization in strategizing staff movements within a corporation.
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