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Which strategic HR planning tool visualizes potential internal successors for key managerial positions alongside their current readiness levels and performance ratings?

AReplacement Chart
BMarkov Matrix
CSkill Inventory
DWorkforce Dashboard

Explanation

• Replacement Charts visually map key executive roles, listing potential internal successors and rating their promotion readiness (e.g., ‘Ready Now’, ‘Ready in 1 Year’).
• Skills Inventories maintain records of employee capabilities across the workforce.
• Markov Matrices project statistical flow rates.

Exam Relevance
  • Topic: Human Resource Planning
  • Subtopic: Replacement Charts
Submitted by: mcqstutor Team More Human Resource Management MCQs →

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