Question 1

Refer to Scenario: Swimco.Which of Porter's competitive business strategies is Swimco applying?

Accepted Answer

A) low-cost provider 
B) broad differentiation 
C) market niche with lower cost 
D) market niche with differentiation 
A) low-cost provider 
B) broad differentiation 
C) market niche with lower cost 
D) market niche with differentiation

Question 2

The aggregate of all employees' knowledge is an example of human capital.

Accepted Answer

A) True 
 B)False

Question 3

Refer to Scenario: Swimco.When planning,Swimco's corporate leadership team reviewed the company's business plans not only to ensure consistency with their HR strategy but also to provide input to their strategy,based on HR strengths and weaknesses.What approach is Swimco using to link its HR processes to their strategy?

Accepted Answer

A) It is starting with organizational strategy and then creating HR strategy. 
B) It is starting with HR competencies and then creating corporate strategy. 
C) It is starting with HR strategy and then creating HR competencies. 
D) It is doing a combination of both business strategy and HR strategy in a form of reciprocal relationship. 
A) It is starting with organizational strategy and then creating HR strategy. 
B) It is starting with HR competencies and then creating corporate strategy. 
C) It is starting with HR strategy and then creating HR competencies. 
D) It is doing a combination of both business strategy and HR strategy in a form of reciprocal relationship.

Question 4

A possible practical barrier to strategic HR planning is the lack of a holistic approach.

Accepted Answer

A) True 
 B)False

Question 5

To the HR practitioner,what does human capital incorporate?

Accepted Answer

A) knowledge,commitment,values,culture 
B) commitment,experience,culture,abilities 
C) experience,knowledge,skills,commitment 
D) skills,values,culture,experience 
A) knowledge,commitment,values,culture 
B) commitment,experience,culture,abilities 
C) experience,knowledge,skills,commitment 
D) skills,values,culture,experience

Question 6

Refer to Scenario: Swimco.Through its e-commerce initiative,Swimco is transitioning from local to national in its market position.What type of strategy is Swimco adopting?

Accepted Answer

A) restructuring 
B) divestiture 
C) business 
D) growth 
A) restructuring 
B) divestiture 
C) business 
D) growth

Question 7

The goals of these HRM strategies are to shape employee behaviour so that it is consistent with the direction the organization identifies in its strategic plans.

Accepted Answer

A) True 
 B)False

Question 8

According to the resources-based view,the less a resource can be imitated,the more it contributes to competitive advantage.

Accepted Answer

A) True 
 B)False

Question 9

From the human capital perspective,companies should invest in their employees.

Accepted Answer

A) True 
 B)False

Question 10

Companies with a differentiation strategy have a strong training focus that includes both skills and attitudes.

Accepted Answer

A) True 
 B)False

Question 11

The statistical technique in HR examining,demand forecasting,and resource supply is based on a linear relationship.

Accepted Answer

A) True 
 B)False

Question 12

A possible perception and attitude barrier to workforce planning is that leaders lack planning and business acumen.

Accepted Answer

A) True 
 B)False

Question 13

What percentage of payroll do Canadian organizations typically pay for fringe benefits for their employees?

Accepted Answer

A) 20 percent 
B) 25 percent 
C) 30 percent 
D) 35 percent 
A) 20 percent 
B) 25 percent 
C) 30 percent 
D) 35 percent

Question 14

A firm's human resources are more valuable for sustained competitive advantage than technological and physical resources.

Accepted Answer

A) True 
 B)False

Question 15

Refer to Scenario: Swimco.It is particularly important for Swimco to define and develop the behaviours necessary to achieve their organizational capabilities of innovation and customer care.What theory is Swimco applying to its strategic management?

Accepted Answer

A) behavioural perspective 
B) resource-based view 
C) human capital 
D) strategic management 
A) behavioural perspective 
B) resource-based view 
C) human capital 
D) strategic management

Question 16

What two items does an organization match together in the human capital perspective of HRM?

Accepted Answer

A) values of employees and the organization's budget 
B) capacity of employees and the organization's motivation 
C) capabilities of employees and the organization's strategy 
D) creativity of the employees and the organization's goals 
A) values of employees and the organization's budget 
B) capacity of employees and the organization's motivation 
C) capabilities of employees and the organization's strategy 
D) creativity of the employees and the organization's goals

Question 17

The advantages of an organization with effective HR practices may come from having better resources,but it also comes from making better use of these resources

Accepted Answer

A) True 
 B)False

Question 18

Which of the following is a perception and attitude barrier associated with workforce planning?

Accepted Answer

A) multiple planning horizons 
B) organizational silos 
C) lack of a holistic approach 
D) moving targets-business goals are not clear 
A) multiple planning horizons 
B) organizational silos 
C) lack of a holistic approach 
D) moving targets-business goals are not clear

Question 19

Efficiency and controlling human resource costs are paramount for organizations adopting a low-cost-provider strategy.

Accepted Answer

A) True 
 B)False

Question 20

If IBM introduces a new software package in January,Microsoft can probably imitate or duplicate this package by February of the same year.However,if IBM technical support people are trained and motivated to provide "knock your socks off service," Microsoft will have a difficult time imitating this service within a month.This is an example of how employees can provide a competitive advantage.What theory is being applied here?

Accepted Answer

A) behavioural perspective 
B) resource-based view 
C) human capital 
D) strategic management 
A) behavioural perspective 
B) resource-based view 
C) human capital 
D) strategic management

Refer to Scenario: Swimco.Which of Porter's competitive business strategies is Swimco applying?

The aggregate of all employees' knowledge is an example of human capital.

A possible practical barrier to strategic HR planning is the lack of a holistic approach.

To the HR practitioner,what does human capital incorporate?

Refer to Scenario: Swimco.Through its e-commerce initiative,Swimco is transitioning from local to national in its market position.What type of strategy is Swimco adopting?

The goals of these HRM strategies are to shape employee behaviour so that it is consistent with the direction the organization identifies in its strategic plans.

According to the resources-based view,the less a resource can be imitated,the more it contributes to competitive advantage.

From the human capital perspective,companies should invest in their employees.

Companies with a differentiation strategy have a strong training focus that includes both skills and attitudes.

The statistical technique in HR examining,demand forecasting,and resource supply is based on a linear relationship.

A possible perception and attitude barrier to workforce planning is that leaders lack planning and business acumen.

What percentage of payroll do Canadian organizations typically pay for fringe benefits for their employees?

A firm's human resources are more valuable for sustained competitive advantage than technological and physical resources.

Refer to Scenario: Swimco.It is particularly important for Swimco to define and develop the behaviours necessary to achieve their organizational capabilities of innovation and customer care.What theory is Swimco applying to its strategic management?

What two items does an organization match together in the human capital perspective of HRM?

The advantages of an organization with effective HR practices may come from having better resources,but it also comes from making better use of these resources

Which of the following is a perception and attitude barrier associated with workforce planning?

Efficiency and controlling human resource costs are paramount for organizations adopting a low-cost-provider strategy.

Strategic Management

Environmental Influences on HRM

The HR Forecasting Process

Determining HR Demand

Ascertaining HR Supply

Succession Management

Information Technology for HR Planning

Change Management

Downsizing and Restructuring

Strategic International HRM

Mergers and Acquisitions

Outsourcing

HR Assessment and Analytics

Filters

Exam 2: Aligning HR With Strategy

Refer to Scenario: Swimco.Which of Porter's competitive business strategies is Swimco applying?

The aggregate of all employees' knowledge is an example of human capital.

A possible practical barrier to strategic HR planning is the lack of a holistic approach.

To the HR practitioner,what does human capital incorporate?

Refer to Scenario: Swimco.Through its e-commerce initiative,Swimco is transitioning from local to national in its market position.What type of strategy is Swimco adopting?

The goals of these HRM strategies are to shape employee behaviour so that it is consistent with the direction the organization identifies in its strategic plans.

According to the resources-based view,the less a resource can be imitated,the more it contributes to competitive advantage.

From the human capital perspective,companies should invest in their employees.

Companies with a differentiation strategy have a strong training focus that includes both skills and attitudes.

The statistical technique in HR examining,demand forecasting,and resource supply is based on a linear relationship.

A possible perception and attitude barrier to workforce planning is that leaders lack planning and business acumen.

What percentage of payroll do Canadian organizations typically pay for fringe benefits for their employees?

A firm's human resources are more valuable for sustained competitive advantage than technological and physical resources.

Refer to Scenario: Swimco.It is particularly important for Swimco to define and develop the behaviours necessary to achieve their organizational capabilities of innovation and customer care.What theory is Swimco applying to its strategic management?

What two items does an organization match together in the human capital perspective of HRM?

The advantages of an organization with effective HR practices may come from having better resources,but it also comes from making better use of these resources

Which of the following is a perception and attitude barrier associated with workforce planning?

Efficiency and controlling human resource costs are paramount for organizations adopting a low-cost-provider strategy.

Strategic Management

Environmental Influences on HRM

The HR Forecasting Process

Determining HR Demand

Ascertaining HR Supply

Succession Management

Information Technology for HR Planning

Change Management

Downsizing and Restructuring

Strategic International HRM

Mergers and Acquisitions

Outsourcing

HR Assessment and Analytics

Filters