Exam 2: Aligning HR With Strategy

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There are NO risks to developing an HR strategy.

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False

Human resources create competitive advantage for organizations, which reflects a resource-based view.

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True

In the text, Sears demonstrates that there is a link between employee behaviour and the company's performance. What two employee attitudes had the greatest significance on employee retention and behaviour toward the company?

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B

To the HR practitioner, what does human capital incorporate?

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What is the purpose of strategic HRM?

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In many ways, HR strategy generates the business strategy, and business strategy determines the HR strategy. What is the concept that describes this relationship?

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Traditionally the HRM program influenced the creation of the corporate strategy.

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Costs incurred in training, motivating, compensating, and monitoring employees can be viewed as investments in human capital which result in gains to productivity per worker. How does this type of investment yield such gains?

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Human resource professionals recognize the need to play a more strategic role within the organization, but many executives do not.

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What are the THREE ways in which HR becomes a strategic business partner?

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Fit is an important consideration when designing HR programs. What is it called when an organization fits its HR strategy to its organizational strategy?

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Human resources management used to be called the personnel department.

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If a company uses a differentiation strategy, what is it more concerned with relative to equity with the external market?

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What is human capital? What comprises human capital?

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According to classical economics, what are the three most important resources or inputs?

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The HR senior manager team moves from insider status to outsider status with strategic HRM.

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If IBM introduces a new software package in January, Microsoft can probably imitate or duplicate this package by February of the same year. However, if IBM technical support people are trained and motivated to provide "knock your socks off service", Microsoft will have a difficult time imitating this service within a month. This is an example of how employees can provide a competitive advantage. What theory is being applied here?

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Human capital refers to the collective sum of the attributes, experience, knowledge, and commitment that employees choose to invest in their work.

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A possible drawback to strategic HR planning includes a greater amount of time required for decision making.

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According to Google, which of the following does NOT produce innovative behaviours from employees?

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