Exam 3: Human Resource Strategy and Analysis

The ________ manager is in a good position to supply "competitive intelligence"-information on what competitors are doing.

A ________ lays out what a business strives to be while a ________ lays out what it should be now.

Using data,facts,scientific rigor,and case studies to support HR management proposals and practices is best known as ________.

A vertical integration strategy means that the firm will expand by adding new product lines.

As an HR manager,you would most likely use a strategy map to ________.

McDonald's addressed its lagging profitability by first closing stores operating below its guidelines.McDonald's used a consolidation strategy.

With evidence-based HR management,the evidence is LEAST likely to come from ________.

The primary purpose of strategic human resource management is to ________.

Companies like Ferrari are known as ________ because they carve out a market niche and compete by providing a product that customers can obtain in no other way.

What is evidence-based human resource management? Do you think it can improve the success of an HR department? Why or why not?

As an HR manager,you have been given the task of conducting an HR audit.Which of the following areas would you be LEAST likely to address in the audit process?

All of the following are commonly used HR metrics EXCEPT ________.

Explain the difference between a vision and a mission.What role does a firm's vision statement play in corporate and competitive strategies?

Human resource strategies are the ________ used to produce the desired workforce skills,competencies,and behaviors needed to support a firm's strategic goals.

The primary tool used by managers who audit a firm's environment as part of the strategic management process is the ________.

Which term refers to the employee skills and behaviors that a firm needs to achieve its strategic goals?

The specific human resource policies and practices used to support a firm's strategic goals are known as human resource strategies.

A company's ________ strategy identifies the basic courses of action that each department will pursue in order to help the business attain its competitive goals.

Reese Enterprises seeks to fill upper-level positions internally whenever possible and uses validated selection tests when considering external hires.This most likely suggests the company is developing a ________.

A mission statement is a general statement of a company's intended direction that evokes emotional feelings in the organization's members.