Manag., December-2019 – Q69

0. Which one of the following is NOT a forecasting technique for assessing human resource requirements in an organization?

  • Option : D
  • Explanation : Replacement charts are efficient forecasting tools to find out the employees readily available for promotion to predetermined positions. Basically, replacement charts are records that contain details about the currently serving employees and the possible replacements for the present jobholders. They also contain information about the potentiality of the existing employees for future promotion. The replacement chart may classify the potentiality of the employees as
    (i) fit for immediate promotion;
    (ii) ready for promotion but requires a little training;
    (iii) good enough for the present job but not for promotion; and
    (iv) is found to be incompetent and needs to be replaced.
    Replacement charts are usually computerized by the organization to enhance its accessibility. These are periodically reviewed to make them up to date, and as and when replacements are required, these charts are referred to for choosing the employees to fit for promotion. The merit of this method is that it clearly describes the mode of filling job vacancies through internal sources.
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