Thursday 22 August 2013

MU0010 – Manpower Planning and Resourcing


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Summer-2013
Master of Business Administration- MBA Semester 1
MU0010–Manpower Planning and Resourcing-4 Credits
(Book ID: B1765)
Assignment (60 Marks)
Note: Answer all questions (with 300 to 400 words each) must be written within 6-8 pages. Each Question carries 10 marks 6 X 10=60
Q1. Explain the need for manpower planning. What are the obstacles in manpower planning?
Answer. Human resource planning means deciding the number and type of the human resource required for each job, unit and the total company for a particular future date in order to carry-out organizational activities. Personnel management is productive exploitation of manpower resources.  This is also termed as ‘Manpower Management'.  Manpower Management is choosing the proper type of people as and when required. It also takes into account the upgrading in existing people. Manpower Management starts with manpower planning.

Q2. What are the objectives of human resource accounting (HRA)? What are the methods of human resource accounting? Explain the cost based approach of HRA.
Answer. Human resource is an important asset in the organization whose value goes on increasing with its right placement, application and development in the organization. In spite of vast physical resources with latest technology, an organization may quite often find itself in financial crisis if it does not have the right persons to manage its affairs. Thus human resource is a very valuable asset for the organization which aims to progress in all directions amidst heavy competition.

Q3. What are the objectives of recruitment? Explain recruitment process.
Answer. Recruitment refers to the process of attracting, screening, selecting, and on boarding a qualified person for a job. At the strategic level it may involve the development of an employer brand which includes an 'employee offering'.
Objectives:
Ø  Support the organization ability to acquire, retain and develop the best talent and skills.

Q4. Describe the benefits of induction program. Explain the types of induction program.
Answer. An induction program is the process used within many businesses to welcome new employees to the company and prepare them for their new role.
Induction training should, according to TPI-theory, include development of theoretical and practical skills, but also meet interaction needs that exist among the new employees.
A typical induction program will include at least some of the following:
Ø  Any legal requirements (for example in the, some Health and Safety training is obligatory)

Q5. What do you mean by career management? Explain career planning process.
Answer. Career management is the lifelong process of investing resources to achieve your career goals. Career management is not a singular event but a continuing process that is a necessity for adapting to the changing demands of the 21st Century economy.
Meaning of career planning:
Ø  Career Planning is the systematic process by which one selects career goals and the path to these goals.
Ø  Career planning is the process of matching career goals and individual capabilities with opportunities for their fulfillment.

Q6. Mention the causes of employee turnover. Explain the employee exit process.
Answer. Employee turnover is the difference in the rate of employees leaving a company and new employees filling up their positions. Nowadays, it is becoming a major problem among most of the companies, especially in low-paying jobs. There are many aspects that play a significant role in the employee turnover rate of a particular company. Such aspects can stem from both the company as well as the employees. The employers generally give more importance to the turnover rate, as it is a very expensive aspect of the business.
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