Exam 2: Strategic Training

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The business-embedded model:

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C

Top management supports training in many ways such as providing vision,serving as sponsor,governor and marketing agent but relies on experts and trainers for subject matter expertise and training.

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In the strategic training and development process,all except _____ are examples of metrics showing the value of training.

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Economic conditions are challenging for your company and the CEO is looking for ways to reduce costs yet not sacrifice product and service quality.She has asked you to explore outsourcing at least part of training.What questions should you examine when considering outsourcing training?D.Two reasons companies do not outsource their training are (1)the inability of outsourcing providers to meet company needs and (2)companies' desire to maintain control over all aspects of training and development,especially delivery and learning content.

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All of the following except _____ are metrics that can be used to assess training's contribution to a balanced scorecard.

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Operating efficiency and employee satisfaction are examples of the internal perspective in a balanced scorecard.

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Which of the following are good metrics for demonstrating the strategic value of training?

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Research shows that a company's satisfaction with outsourcing of training and development depends on company-supplier trust and contract specificity.

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Personal knowledge based on individual experience is called:

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The corporate university model approach to organizing the training function:

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Despite McCormick and Company's commitment to the strategic importance of training and development,the training budget was cut 5% following Hurricane Katrina.

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Which of the following is not an advantage of centralized training?

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There is a trend for companies in many industries to use training and development to attract new employees and retain current workers.

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Strategic development initiatives are very similar across companies since they represent best practices.

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A strategic training and development initiative would involve providing training to suppliers,vendors and customers not just employees.

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The question,"Will the senior management team publicly support and champion training and development?" should be asked to develop strategic training and development initiatives.

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According to Noe,the component(s)of human capital that creates the greatest value for business is:

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Team building is a common training implication of _____ and _____ strategies.

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Noe argues that traditional training usually fails to improve workplace performance.

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Which of the following is not a metric McCormick & Company uses to evaluate the effectiveness of training and development?

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