Exam 2: Strategy-Driven Human Resource Management

Strategic management's success requires a commitment to a defined set of objectives by managers.

__________is the values, beliefs, and assumptions about appropriate behavior that members of an organization share.

The Acme Global Corporation prefers to concentrate decision making at the top of the organizational chart.This allows the company to focus on hiring good decision makers in only a few jobs.This would indicate that Acme Global has a high degree of _________ in its structure.

What are data analytics?

Identify the common measurement tools for strategic HRM.Describe how each is calculated.

List six of the nine major forces in the external environment of a business organization.

Acme Global Corporation had to put its plans to build a new plant on hold when interest rates went up and the organization was not able to borrow enough money to build the plant.This represents the influence of _______ in the external environment on the organization.

__________are statements of what is to be accomplished in singular, specific, and measurable terms, with a target date.

__________ is the degree to which decision making is concentrated within the organization.

Describe organizational culture and tell how it affects the members of the organization.

What measurement tool determines the profits that remain after the cost of capital has been deducted from operating profits?

_________ is the degree to which jobs are standardized within an organization, meaning the degree to which we have created policies, procedures, and rules that "program" the jobs of the employees.

The Apple logo is an example of which artifact of organizational culture?

What are the three generic strategies?

At the Acme Global Corporation, the top manager reports to the board of directors.The board is not involved in the day-to-day operations of the organization, but it can hire or fire top management.This represents the influence of _______ in the external environment on the organization.

_______________ includes shared values and beliefs, and describes how and why employees do what they do.

The Board of Directors, voted into office by the shareholders, is involved in the day-to-day operations of the firm.

Human Resource Information Systems (HRIS) are a process of accessing large amounts of data in order to analyze those data and gain insight into significant trends or patterns within organizations or industries.

Acme Global is working on a statement about what it expects to become as an organization at a particular point in time in the future.Acme Global is working on its ________.

On its website, the Acme Global Corporation published a statement of what it expects to become as an organization in 10 years.It does not say how Acme Global will achieve this future state.This is a ________ statement.