Exam 4: The Competitive Environment
Exam 1: The Nature of Human Resource Management50 Questions
Exam 2: The Legal Environment50 Questions
Exam 3: The Global Environment50 Questions
Exam 4: The Competitive Environment50 Questions
Exam 5: Information for Making Human Resource Decisions50 Questions
Exam 6: Human Resource Decision Making in Organizations50 Questions
Exam 7: Recruitment and Selection50 Questions
Exam 8: Managing a New and Diverse Workforce50 Questions
Exam 9: Compensation and Benefits50 Questions
Exam 10: Performance Appraisal and Career Management49 Questions
Exam 11: Managing Labor Relations50 Questions
Exam 12: Safety, Health, Well-Being, and Security50 Questions
Exam 13: Motivation at Work50 Questions
Exam 14: Managing and Enhancing Performance: The Big Picture50 Questions
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How would an organization conduct an evaluation of its human resource function?
(Essay)
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Which adaptation model of business strategy is characterized by ignoring the environment?
(Multiple Choice)
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____ strategy involves the actions taken by firms to better operate in a relevant industry or market.
(Multiple Choice)
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The principles and beliefs that shape what employees think about a company is called
(Multiple Choice)
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A ____ strategy occurs when a company targets a particular facet of the market.
(Multiple Choice)
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Which adaptation model of business strategy is best used when the situation is highly stable with low uncertainty?
(Multiple Choice)
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Andy is a member of high-level group within a large hospitality organization that develops and coordinates corporate strategy. Andy is likely part of a(n)
(Multiple Choice)
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The three components of human resource strategy formulation are staffing, development, and compensation strategies.
(True/False)
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A new, medium-size hotel chain groups its personnel into different departments on the basis of individual expertise, which is called the ____ design.
(Multiple Choice)
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Pierre would like to increase the effectiveness of human resources at his firm. What advice would you give him?
(Multiple Choice)
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A defender strategy works well in an environment where there is little change or uncertainty.
(True/False)
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In the past, evaluations of the effectiveness of the human resource function concentrated mainly on
(Multiple Choice)
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An individual's reactions to environmental factors that present excessive demands is called
(Multiple Choice)
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The adaptation model assumes that the firm should change its strategies to meet environmental characteristics.
(True/False)
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General Electric owns and operates are number of different businesses, which is primarily an example of a ____ strategy.
(Multiple Choice)
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Scenario 4.1
LMNO Corporation is a U.S.-based company with four distinct businesses, including a national music and video store chain, a rap music production company, a talent agency that represents several famous rap stars, and a digital video disc (DVD) production facility that makes and records music videos on DVDs. LMNO is in the process of acquiring another company, its major music store rival BeBop Records. Because its rap stars are so famous, LMNO charges crazed fans a higher price for its music compact discs and DVD videos. The fans don't mind, as they often have the opportunity to meet the rap stars in person at various LMNO music stores throughout the year. LMNO has a policy of promotion from within as well as a no-layoff policy, and all managers are required to rotate through each business before they can be promoted.
-Refer to Scenario 4.1. Which competitive strategy does LMNO's music and video store chain appear to have adopted?
(Multiple Choice)
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Unrelated diversity occurs when an organization expand into products that are similar to its current ones.
(True/False)
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The Home Depot is following an overall strategy of growth. It's the fastest-growing retailer in history, opening a new store every 43 hours. Which of the following actions is Home Depot NOT likely to use as it implements its strategy?
(Multiple Choice)
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The functional strategies help determine what businesses the firm will operate.
(True/False)
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