Canadian Engineering Shortages According to a New Engineers Canada Labour Market Projection Report,there

question 9

Multiple Choice

Canadian Engineering Shortages
According to a new Engineers Canada labour market projection report,there are currently labour shortages in a number of engineering occupations,particularly civil,mechanical,electrical,and electronic engineers,as well as a shortage of computer engineers at both the provincial and national levels.Occupation data sourced from the Canadian National Household Survey and the Canadian Labour Force Survey indicate that engineering occupations' employment and wages are increasing faster than in other occupations.Unemployment is very low,less than one percent for many engineering occupations,relative to historical data and to other occupation data.Replacement demand for engineers will be particularly relevant over the next decade as the baby boom generation retires.Economic activity is generating a stronger demand for engineers in Western Canada than in Eastern Canada.
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Out of the fourteen different engineering occupations,the forecast for civil engineers is particularly high.It is projected that there will be an average of 2 500 job openings for civil engineers annually over the next five years.Growth in industries that employ civil engineers will generate about 1 000 of these openings each year.Another 1 500 of these job openings will be related to the replacement of retiring workers,given the high average age of 48 years old for civil engineers.
What would you call the process described in this scenario?

• A) strategic human resource management
• B) human resource planning
• C) linking human resource management with strategic planning
• D) human resource supply techniques

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Definitions:

Pooling-of-interests Method

A merger accounting method where the assets and liabilities of merging companies are combined using their book values.

Acquisition Method

An accounting approach used to consolidate the financial statements of two companies when one company acquires control over the other.

Purchase Method

An accounting method used in mergers and acquisitions where the assets and liabilities of the acquired company are added to the acquirer's balance sheet at their fair market values.

Business Combination

A transaction or event in which an acquirer obtains control of one or more businesses, often involving mergers, acquisitions, or consolidations.