Question 1

Influences from outside the organization are easily controlled.

Accepted Answer

A) True 
 B)False  False

Question 2

What four components are required when writing an objective?

Accepted Answer

A) Singular,specific,trackable performance,realistic 
B) Scientific,singular,target date,short 
C) Singular,specific,measurable,target date 
D) Specific,trackable performance,measurable,achievable 
E) Specific,singular,measurable,achievable 
A) Singular,specific,trackable performance,realistic 
B) Scientific,singular,target date,short 
C) Singular,specific,measurable,target date 
D) Specific,trackable performance,measurable,achievable 
E) Specific,singular,measurable,achievable C

Question 3

There is only one "best" structure.

Accepted Answer

A) True 
 B)False  False

Question 4

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.

Accepted Answer

A) society 
B) shareholders 
C) labor force 
D) competition 
A) society 
B) shareholders 
C) labor force 
D) competition

Question 5

__________ are the resource that gives us a powerful competitive advantage over our rival firms.

Accepted Answer

A) Finances 
B) Specialty 
C) Reputation 
D) People 
A) Finances 
B) Specialty 
C) Reputation 
D) People

Question 6

What major external business force to a significant extent determines what acceptable business practices for the organization are?

Accepted Answer

A) Customers 
B) Suppliers 
C) Governments 
D) Shareholders 
E) Society 
A) Customers 
B) Suppliers 
C) Governments 
D) Shareholders 
E) Society

Question 7

In today's business world,worldwide industries have more competition and more capability than ever before.

Accepted Answer

A) True 
 B)False

Question 8

The "implementing,monitoring and evaluating" step in strategic management uses the process of _______,which creates mechanisms to ensure that objectives are achieved.

Accepted Answer

A) Processing 
B) Investigating 
C) Controlling 
D) Appraising 
E) Reviewing 
A) Processing 
B) Investigating 
C) Controlling 
D) Appraising 
E) Reviewing

Question 9

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

Accepted Answer

A) hiring individuals based on individual knowledge and skill sets and not on what jobs need filled at that point in time 
B) creating cross-functional teams 
C) creating broader job descriptions and work planning processes 
D) implementing performance appraisals 
E) maximum efficiency and effectiveness 
A) hiring individuals based on individual knowledge and skill sets and not on what jobs need filled at that point in time 
B) creating cross-functional teams 
C) creating broader job descriptions and work planning processes 
D) implementing performance appraisals 
E) maximum efficiency and effectiveness

Question 10

Provide a detailed summary of the purpose of visions and mission statements in organizations.How do they work,and what is the outcome of successfully crafting visions and missions?

Accepted Answer

Visions and mission statements serve as

Question 11

B & A Steel has endeavored to drive out all unnecessary business expenses in their steel industry operations.B&A is likely following a _________ strategy.

Accepted Answer

A) Niche 
B) Cost leader 
C) Focus leader 
D) Differentiation 
E) Price leader 
A) Niche 
B) Cost leader 
C) Focus leader 
D) Differentiation 
E) Price leader

Question 12

According to the textbook,there are three general strategy types for businesses.Identify each strategy and explain the distinction of each strategy.

Accepted Answer

The three general strategy types for bus

Question 13

HRM is a critical component of meeting organizational goals.

Accepted Answer

A) True 
 B)False

Question 14

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

Accepted Answer

A) True 
 B)False

Question 15

The Board of Directors makes employment decisions,such as hiring and firing top managers.

Accepted Answer

A) True 
 B)False

Question 16

__________ have more power to affect today's businesses today,partly due to purchasing power.

Accepted Answer

A) Competitors 
B) Customers 
C) Managers 
D) Investors 
A) Competitors 
B) Customers 
C) Managers 
D) Investors

Question 17

An analysis of the power of buyers will determine if a company has bargaining power with its suppliers from which they buy.

Accepted Answer

A) True 
 B)False

Question 18

Coca-Cola is an example of a cost leader.

Accepted Answer

A) True 
 B)False

Question 19

Ferrari is well-known for following this generic strategy type:

Accepted Answer

A) Cost leader 
B) Price leader 
C) Broad differentiation 
D) Niche based on differentiation 
E) Niche based on low-cost 
A) Cost leader 
B) Price leader 
C) Broad differentiation 
D) Niche based on differentiation 
E) Niche based on low-cost

Question 20

William,the HR director,has begun to review his company's HPWS alignment with the overall company strategy in order to determine what value HR is providing to the firm.William is most likely working on a(n):

Accepted Answer

A) HR Return on Investment 
B)  HR Economic Value-added 
C) HR Scorecard 
D) HRIS 
E) Incentive system 
A) HR Return on Investment 
B)  HR Economic Value-added 
C) HR Scorecard 
D) HRIS 
E) Incentive system

Influences from outside the organization are easily controlled.

What four components are required when writing an objective?

There is only one "best" structure.

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.

__________ are the resource that gives us a powerful competitive advantage over our rival firms.

What major external business force to a significant extent determines what acceptable business practices for the organization are?

In today's business world,worldwide industries have more competition and more capability than ever before.

The "implementing,monitoring and evaluating" step in strategic management uses the process of _______,which creates mechanisms to ensure that objectives are achieved.

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

Provide a detailed summary of the purpose of visions and mission statements in organizations.How do they work,and what is the outcome of successfully crafting visions and missions?

B & A Steel has endeavored to drive out all unnecessary business expenses in their steel industry operations.B&A is likely following a _________ strategy.

According to the textbook,there are three general strategy types for businesses.Identify each strategy and explain the distinction of each strategy.

HRM is a critical component of meeting organizational goals.

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

The Board of Directors makes employment decisions,such as hiring and firing top managers.

__________ have more power to affect today's businesses today,partly due to purchasing power.

An analysis of the power of buyers will determine if a company has bargaining power with its suppliers from which they buy.

Coca-Cola is an example of a cost leader.

Ferrari is well-known for following this generic strategy type:

William,the HR director,has begun to review his company's HPWS alignment with the overall company strategy in order to determine what value HR is providing to the firm.William is most likely working on a(n):

The New Human Resource Management Process

The Legal Environment and Diversity Management

Matching Employees With Jobs

Recruiting Job Candidates

Selecting New Employees

Training, learning, Talent Management and Development

Performance Management and Appraisal

Rights and Employee Development

Employee and Labor Relations

Compensation Management

Incentive Pay

Employee Benefits

Workplace Safety, Health, and Security

Organizational Ethics, sustainability and Social Responsibility

Global Issues for Human Resource Managers

Filters

Exam 2: Strategy-Driven Human Resource Management

Influences from outside the organization are easily controlled.

What four components are required when writing an objective?

There is only one "best" structure.

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.

__________ are the resource that gives us a powerful competitive advantage over our rival firms.

What major external business force to a significant extent determines what acceptable business practices for the organization are?

In today's business world,worldwide industries have more competition and more capability than ever before.

The "implementing,monitoring and evaluating" step in strategic management uses the process of _______,which creates mechanisms to ensure that objectives are achieved.

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

Provide a detailed summary of the purpose of visions and mission statements in organizations.How do they work,and what is the outcome of successfully crafting visions and missions?

B & A Steel has endeavored to drive out all unnecessary business expenses in their steel industry operations.B&A is likely following a _________ strategy.

According to the textbook,there are three general strategy types for businesses.Identify each strategy and explain the distinction of each strategy.

HRM is a critical component of meeting organizational goals.

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

The Board of Directors makes employment decisions,such as hiring and firing top managers.

__________ have more power to affect today's businesses today,partly due to purchasing power.

An analysis of the power of buyers will determine if a company has bargaining power with its suppliers from which they buy.

Coca-Cola is an example of a cost leader.

Ferrari is well-known for following this generic strategy type:

William,the HR director,has begun to review his company's HPWS alignment with the overall company strategy in order to determine what value HR is providing to the firm.William is most likely working on a(n):

The New Human Resource Management Process

The Legal Environment and Diversity Management

Matching Employees With Jobs

Recruiting Job Candidates

Selecting New Employees

Training, learning, Talent Management and Development

Performance Management and Appraisal

Rights and Employee Development

Employee and Labor Relations

Compensation Management

Incentive Pay

Employee Benefits

Workplace Safety, Health, and Security

Organizational Ethics, sustainability and Social Responsibility

Global Issues for Human Resource Managers

Filters