Exam 2: Strategy-Driven Human Resource Management

In the past few years, the Acme Global Corporation has been fortunate to have a strong talent pool available from which it can draw employees.This represents the influence of _______ in the external environment on the organization.

On its website, the Acme Global Corporation published a statement of what the various organizational units will do and what each will accomplish to fulfill the organization's vision.This is a ________ statement.

_______________ is a plan of action to achieve a particular set of objectives.

Summarize the major components of organizational structure.

Two of the most common strategic HRM measurement tools include:

Acme Global hired a director of safety to help the organization ensure proper compliance with the Occupational Safety and Health Act.This represents the influence of _______ in the external environment on the organization.

_____________is a powerful force in controlling how people behave within its boundaries.

Social media cannot be used to monitor both the internal and external environment of an organization.

The Acme Global organization tries to be a good neighbor to the people who live and work in the cities where the organization's plants are located.In one neighborhood, citizens asked Acme Global to reveal the location of all its suppliers.When it was discovered that Acme Global used suppliers who were 1,000 miles from the plant, the citizens asked Acme Global to consider using more local suppliers.Acme Global agreed and found similar suppliers closer to its plant.This represents the influence of _______ in the external environment on the organization.

The focus or niche strategy focuses on a specific portion of the larger market.

Holding award dinners for top employees is an example of which artifact of organizational culture?

Firm performance is not just a function of a company's own actions but must also be understood with relation to the actions of what major external business force?

Define data analytics and explain how it helps organizations make important decisions.

Describe an HRIS and identify how it can help HR make decisions.

Influences from outside the organization may cause the company to adapt to change.

__________ lower organizational costs required to produce their product or service.

Shaun recommends that the organization do everything it can to lower the organizational costs required to produce widgets while still charging customers the same price for the product.Shaun is recommending the ________ strategy.

When a company decides to follow a cost leadership strategy, HRM is mostly concerned with _______________.

The degree to which jobs within a company are standardized is referred to as ___________.

How do Human Resource Information Systems (HRIS) assist HRM and operational management in making decisions?