Exam 2: Strategy-Driven Human Resource Management

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

No organization has control over economic growth,inflation,interest rates,or foreign exchange rates.

__________ means how we physically separate different departments of an organization.

SWOT Analysis is:

A company using the differentiation strategy relies upon the _________ to maintain an advantage over its competitors.

Vertical differentiation refers to breaking organizations up into departments.

__________ means how we break up an organization by departments or other meaningful segments.

Dedication to a strategic plan only at the HR level will ensure success of the plan.

Cost leaders may offer their product or service to customers at the same cost as their competitors.

Implementing a strategic plan does not take dedication at all levels of the organization.

What measurement tool would most likely be used when HRM wants to know the financial value of investments in employee training and development?

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

Which of the following is the earliest step in designing a strategy? a.Setting objectives b.Customer surveys c.Creating the strategy d.HR promoting the strategy e.Implementing,monitoring,and evaluating

Inflation,interest rates,and foreign exchange rates all are part of which major external business force? a.Shareholders b.Economy c.Society d.Customers e.Technology