Exam 1: Human Resource Management: Gaining a Competitive Advantage

Which of the following dimensions of HRM practices is associated with training employees to have the skills needed to perform their jobs?

The human resource department is most likely to collaborate with other company functions on outplacement, labor law compliance, testing, and unemployment compensation.

The Sarbanes-Oxley Act of 2002 sets strict rules for corporate behavior and sets heavy fines and prison terms for noncompliance.

Which of the following corresponds to a technological competitive challenge that influences a U.S company?

Giving employees online access to information about HR issues such as training, benefits, and compensation is called _____.

Which of the following statements is true about the Sarbanes-Oxley Act of 2002?

A(n)_____ is a series of indicators or metrics that managers and employees have access to on the company intranet or human resource information system.

Which of the following is true about a business ally?

Because the workforce is predicted to become more uniform in terms of age, ethnicity, and racial background, it is likely that one set of values will characterize all employees.

Tacit knowledge is an example of _____ capital.

According to the financial perspective of the balanced scorecard, which of the following questions should be answered?

What is meant by empowering and what type of training must be conducted to make it effective?

HR functions related to areas such as employee development, performance management, and organizational development are outsourced most frequently.

In managing cultural diversity, which of the following would improve the level of creativity thereby providing competitive advantage to an organization?

Regardless of their background, most employees value:

Discuss how managing cultural diversity can provide a competitive advantage.

Cultural diversity can provide a company competitive advantage regarding problem-solving.

Which of the following is one of the four ethical principles of a successful company?

_____ refers to the degree to which employees are fully involved in their work and the strength of their job and company commitment.

Every business must be prepared to deal with the global economy.