Question 1

What is strategic management? Define the term.List and describe the seven steps in the strategic management process.

Accepted Answer

Strategic management is the process of i

Question 2

Which of the following is the most likely source of a company's hierarchy of goals?

Accepted Answer

A) structure of the firm's HR department 
B) assessment center of the firm 
C) basic planning process of the firm 
D) organizational chart of the firm 
A) structure of the firm's HR department 
B) assessment center of the firm 
C) basic planning process of the firm 
D) organizational chart of the firm

Question 3

In a brief essay,discuss the meaning of employee engagement,why it is important,and what can managers do to improve employee engagement.Support your answer with examples.

Accepted Answer

Employee engagement refers to being psyc

Question 4

By emphasizing the safety of its cars,Volvo stands out as an example of a firm that is implementing a differentiation strategy.

Accepted Answer

A) True 
 B)False

Question 5

As an HR manager with Northern Airlines,Stan reviews graphs and charts on his computer to understand the relationship between HR activities,employee behaviors,and strategic outcomes.Which of the following tools does Stan most likely use?

Accepted Answer

A) strategy map 
B) HR scorecard 
C) digital dashboard 
D) corporate scatter plot 
A) strategy map 
B) HR scorecard 
C) digital dashboard 
D) corporate scatter plot

Question 6

Reese Enterprises seeks to fill upper-level positions internally whenever possible and uses validated selection tests when considering external hires.This most likely suggests the company is developing a ________.

Accepted Answer

A) scorecard management system 
B) high-performance work system 
C) selection metric 
D) benchmark 
A) scorecard management system 
B) high-performance work system 
C) selection metric 
D) benchmark

Question 7

Holt Tractor Company needs a new strategic plan as a result of losing market share to other farm equipment companies.A management team at the firm is following the steps of the strategic management process.So far,the team has performed external and internal audits.What is the next step in the strategic management process?

Accepted Answer

A) evaluating the firm's performance 
B) defining the business and its mission 
C) formulating a new mission statement 
D) developing a competitive strategy 
A) evaluating the firm's performance 
B) defining the business and its mission 
C) formulating a new mission statement 
D) developing a competitive strategy

Question 8

The ________ of the California Energy Commission indicates that the organization assesses and acts through public and private partnerships to improve energy systems that promote a strong economy and a healthy environment.

Accepted Answer

A) mission statement 
B) strategic plan 
C) code of ethics 
D) vision statement 
A) mission statement 
B) strategic plan 
C) code of ethics 
D) vision statement

Question 9

Which of the following best describes the general purpose of a strategic plan?

Accepted Answer

A) obtaining global resources 
B) monitoring employee recruiting 
C) maintaining a competitive advantage 
D) providing opportunities for expansion 
A) obtaining global resources 
B) monitoring employee recruiting 
C) maintaining a competitive advantage 
D) providing opportunities for expansion

Question 10

Which of the following is true of companies with high-performance HR systems compared to low-performance companies?

Accepted Answer

A) incentive payments are lower 
B) sales per employee are higher 
C) employee turnover is higher 
D) market value to book value is lower 
A) incentive payments are lower 
B) sales per employee are higher 
C) employee turnover is higher 
D) market value to book value is lower

Question 11

In a brief essay,explain how the strategy map,the HR scorecard,and the digital dashboard are used in strategic human resource management.

Accepted Answer

Managers use the strategy map,the HR sco

Question 12

The basic steps in the management planning process include setting objectives,reviewing alternative courses of action,and evaluating which options are best.

Accepted Answer

A) True 
 B)False

Question 13

Using data,facts,scientific rigor,and case studies to support HR management proposals and practices is best known as ________.

Accepted Answer

A) evidence-based HR management 
B) strategic HR management 
C) international HR management 
D) management by objectives 
A) evidence-based HR management 
B) strategic HR management 
C) international HR management 
D) management by objectives

Question 14

Which type of strategy identifies how to build and strengthen a firm's long-term competitive position in the marketplace?

Accepted Answer

A) functional 
B) business-level 
C) corporate-level 
D) vertical integration 
A) functional 
B) business-level 
C) corporate-level 
D) vertical integration

Question 15

MAX Computers manufactures affordable laptops and desktops at its factory in Arizona.MAX has experienced a moderate amount of financial success,but upper management wants the firm to grow at a faster rate and become a bigger player in the highly competitive computer market.The firm's greatest problems relate to its employees.Employee turnover is high-most employees at MAX leave within 2 years or less of being hired.In addition,the rate of productivity among employees is not as high as executives would like.The vice president of human resources is considering moving MAX towards a high-performance work system. Which of the following best supports the argument that MAX should move towards a high-performance work system?

Accepted Answer

A) MAX will be able to reduce quality control issues by reassigning line and staff managers to new departments. 
B) Using tests and validated interviews during recruitment will enable MAX to screen job candidates effectively. 
C) Outsourcing clerical tasks will enable MAX to raise employee salaries,implement flexible schedules,and increase productivity. 
D) MAX's competitors regularly use benchmarking as a method for comparing their employees with those in other firms. 
A) MAX will be able to reduce quality control issues by reassigning line and staff managers to new departments. 
B) Using tests and validated interviews during recruitment will enable MAX to screen job candidates effectively. 
C) Outsourcing clerical tasks will enable MAX to raise employee salaries,implement flexible schedules,and increase productivity. 
D) MAX's competitors regularly use benchmarking as a method for comparing their employees with those in other firms.

Question 16

The primary purpose of implementing high-performance practices such as recruiting,screening,and training is to ________.

Accepted Answer

A) foster a strong organizational culture 
B) develop a trained and self-motivated workforce 
C) create management opportunities for new hires 
D) use benchmarks to compare personnel skills within an industry 
A) foster a strong organizational culture 
B) develop a trained and self-motivated workforce 
C) create management opportunities for new hires 
D) use benchmarks to compare personnel skills within an industry

Question 17

Companies with highly engaged employees are more likely to be unionized,according to some research.

Accepted Answer

A) True 
 B)False

Question 18

MAX Computers manufactures affordable laptops and desktops at its factory in Arizona.MAX has experienced a moderate amount of financial success,but upper management wants the firm to grow at a faster rate and become a bigger player in the highly competitive computer market.The firm's greatest problems relate to its employees.Employee turnover is high-most employees at MAX leave within two years or less of being hired.In addition,the rate of productivity among employees is not as high as executives would like.The vice president of human resources is considering moving MAX towards a high-performance work system. Which of the following questions is most relevant to MAX's decision to move toward a high-performance work system?

Accepted Answer

A) How would the implementation of self-managing work teams affect employee morale and work standards at MAX? 
B) How will qualitative performance measures address the needs of MAX employees in regard to the firm's benefits plan? 
C) What roles should line managers,staff managers,and HR managers at MAX play in performance appraisals? 
D) What case studies are available to compare the skills of MAX employees with workers in other industries? 
A) How would the implementation of self-managing work teams affect employee morale and work standards at MAX? 
B) How will qualitative performance measures address the needs of MAX employees in regard to the firm's benefits plan? 
C) What roles should line managers,staff managers,and HR managers at MAX play in performance appraisals? 
D) What case studies are available to compare the skills of MAX employees with workers in other industries?

Question 19

Harley-Davidson sells a line of boots,helmets,and leather jackets indicating that the firm is most likely pursuing which of the following strategies?

Accepted Answer

A) consolidation 
B) diversification 
C) geographic expansion 
D) horizontal integration 
A) consolidation 
B) diversification 
C) geographic expansion 
D) horizontal integration

Question 20

Walmart competes on price,while Target competes on style.Walmart follows a competitive strategy based on ________ while Target follows a strategy based on ________.

Accepted Answer

A) cost leadership,differentiation 
B) focusing,cost leadership 
C) geographic location,focusing 
D) differentiation,niche leadership 
A) cost leadership,differentiation 
B) focusing,cost leadership 
C) geographic location,focusing 
D) differentiation,niche leadership

What is strategic management? Define the term.List and describe the seven steps in the strategic management process.

Which of the following is the most likely source of a company's hierarchy of goals?

In a brief essay,discuss the meaning of employee engagement,why it is important,and what can managers do to improve employee engagement.Support your answer with examples.

By emphasizing the safety of its cars,Volvo stands out as an example of a firm that is implementing a differentiation strategy.

As an HR manager with Northern Airlines,Stan reviews graphs and charts on his computer to understand the relationship between HR activities,employee behaviors,and strategic outcomes.Which of the following tools does Stan most likely use?

Reese Enterprises seeks to fill upper-level positions internally whenever possible and uses validated selection tests when considering external hires.This most likely suggests the company is developing a ________.

The ________ of the California Energy Commission indicates that the organization assesses and acts through public and private partnerships to improve energy systems that promote a strong economy and a healthy environment.

Which of the following best describes the general purpose of a strategic plan?

Which of the following is true of companies with high-performance HR systems compared to low-performance companies?

In a brief essay,explain how the strategy map,the HR scorecard,and the digital dashboard are used in strategic human resource management.

The basic steps in the management planning process include setting objectives,reviewing alternative courses of action,and evaluating which options are best.

Using data,facts,scientific rigor,and case studies to support HR management proposals and practices is best known as ________.

Which type of strategy identifies how to build and strengthen a firm's long-term competitive position in the marketplace?

The primary purpose of implementing high-performance practices such as recruiting,screening,and training is to ________.

Companies with highly engaged employees are more likely to be unionized,according to some research.

Harley-Davidson sells a line of boots,helmets,and leather jackets indicating that the firm is most likely pursuing which of the following strategies?

Walmart competes on price,while Target competes on style.Walmart follows a competitive strategy based on while Target follows a strategy based on .

Managing Human Resources Today

Managing Equal Opportunity and Diversity

Job Analysis and Talent Management

Personnel Planning and Recruiting

Selecting Employees

Training and Developing Employees

Performance and Talent Management

Managing Careers

Developing Compensation Plans

Pay for Performance and Employee Benefits

Maintaining Positive Employee Relations

Labor Relations and Collective Bargaining

Improving Occupational Safety, Health, and Risk Management

Filters

Exam 3: Human Resource Strategy and Analysis

What is strategic management? Define the term.List and describe the seven steps in the strategic management process.

Which of the following is the most likely source of a company's hierarchy of goals?

In a brief essay,discuss the meaning of employee engagement,why it is important,and what can managers do to improve employee engagement.Support your answer with examples.

By emphasizing the safety of its cars,Volvo stands out as an example of a firm that is implementing a differentiation strategy.

As an HR manager with Northern Airlines,Stan reviews graphs and charts on his computer to understand the relationship between HR activities,employee behaviors,and strategic outcomes.Which of the following tools does Stan most likely use?

Reese Enterprises seeks to fill upper-level positions internally whenever possible and uses validated selection tests when considering external hires.This most likely suggests the company is developing a ________.

The ________ of the California Energy Commission indicates that the organization assesses and acts through public and private partnerships to improve energy systems that promote a strong economy and a healthy environment.

Which of the following best describes the general purpose of a strategic plan?

Which of the following is true of companies with high-performance HR systems compared to low-performance companies?

In a brief essay,explain how the strategy map,the HR scorecard,and the digital dashboard are used in strategic human resource management.

The basic steps in the management planning process include setting objectives,reviewing alternative courses of action,and evaluating which options are best.

Using data,facts,scientific rigor,and case studies to support HR management proposals and practices is best known as ________.

Which type of strategy identifies how to build and strengthen a firm's long-term competitive position in the marketplace?

The primary purpose of implementing high-performance practices such as recruiting,screening,and training is to ________.

Companies with highly engaged employees are more likely to be unionized,according to some research.

Harley-Davidson sells a line of boots,helmets,and leather jackets indicating that the firm is most likely pursuing which of the following strategies?

Walmart competes on price,while Target competes on style.Walmart follows a competitive strategy based on ________ while Target follows a strategy based on ________.

Managing Human Resources Today

Managing Equal Opportunity and Diversity

Job Analysis and Talent Management

Personnel Planning and Recruiting

Selecting Employees

Training and Developing Employees

Performance and Talent Management

Managing Careers

Developing Compensation Plans

Pay for Performance and Employee Benefits

Maintaining Positive Employee Relations

Labor Relations and Collective Bargaining

Improving Occupational Safety, Health, and Risk Management

Filters

Walmart competes on price,while Target competes on style.Walmart follows a competitive strategy based on while Target follows a strategy based on .