Exam 3: Human Resource Strategy and Analysis

Securing the top team and key talent is the only task assigned to most HR departments during mergers and acquisitions.

What does a company's business-level strategy identify?

A mission statement is a general statement of a company's intended direction that evokes emotional feelings in the organization's members.

The employee manual at Go-Tech states that the firm "complies with all laws,regulations,and principles of ethical conduct."This statement is an example of a Go-Tech ________.

Vision statements focus on the ________.

All of the following are commonly used HR metrics EXCEPT ________.

Linking HR policies and practices with strategic goals in order to improve business performance is known as ________.

Which of the following summarizes a company's main tasks at the present time?

Explain the difference between a vision and a mission.What role does a firm's vision statement play in corporate and competitive strategies?

Which of the following refers to an analysis by which an organization measures where it currently stands and determines what it has to accomplish to improve its HR functions?

A firm that expands by producing its own raw materials or acquiring a retail outlet to sell its own products is most likely using a strategy of ________.

Which term refers to the employee skills and behaviors that a firm needs to achieve its strategic goals?

What does a company's functional-level strategy identify?

What is a high performance work system? How can HR audits support a high performance work system?

As an HR manager,you have been given the task of conducting an HR audit.Which of the following areas would you be LEAST likely to address in the audit process?

What is a competitive advantage? How does HR management affect a firm's competitive advantage? In your answer,provide examples of competitive advantages held by specific firms.

The specific human resource policies and practices used to support a firm's strategic goals are known as human resource strategies.

A diversification corporate strategy involves expanding a firm by producing necessary raw materials.

Which of the following terms refers to the process of comparing and analyzing the practices of one firm with those of a high-performing company?

Winchester Rugs operates a website called www.buyrugsdirect.com,so Winchester Rugs is most likely implementing a strategy of ________.