Deck 2: Strategic Training
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Deck 2: Strategic Training
1
Development of an organizational culture that values creative thinking and analysis is characteristic of a company adopting a(n) _____ strategy.
A) concentration
B) disinvestment
C) internal growth
D) external growth
A) concentration
B) disinvestment
C) internal growth
D) external growth
C
2
Which of the following is not one of the major business strategies discussed in the text?
A) Internal growth
B) External growth
C) Divestment
D) Product differentiation
A) Internal growth
B) External growth
C) Divestment
D) Product differentiation
D
3
_____ refers to the company's decisions regarding where to find employees, how to select them, and the desired mix of employee skills and statuses.
A) Concentration strategy
B) Staffing strategy
C) External growth strategy
D) Disinvestment strategy
A) Concentration strategy
B) Staffing strategy
C) External growth strategy
D) Disinvestment strategy
B
4
Companies adopting a _____ strategy need to train employees in job-search skills and to focus on cross-training their remaining employees.
A) concentration
B) disinvestment
C) external growth
D) internal growth
A) concentration
B) disinvestment
C) external growth
D) internal growth
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5
Companies that emphasize innovation and creativity are labeled as _____.
A) clubs
B) academies
C) fortresses
D) baseball teams
A) clubs
B) academies
C) fortresses
D) baseball teams
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6
A) Balanced scorecard
B) Vision
C) Mission
D) Code of conduct
B) Vision
C) Mission
D) Code of conduct
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7
Which of the following is true with regard to SWOT analysis?
A) In a SWOT analysis, external analysis attempts to identify the company's strengths and weaknesses.
B) A SWOT analysis represents the strategy believed to be the best alternative to achieve the company goals.
C) A SWOT analysis is typically conducted in the strategic training and development initiatives step of the strategic training and development process.
D) A SWOT analysis provides a company the information needed to generate several alternative business strategies and make a strategic choice.
A) In a SWOT analysis, external analysis attempts to identify the company's strengths and weaknesses.
B) A SWOT analysis represents the strategy believed to be the best alternative to achieve the company goals.
C) A SWOT analysis is typically conducted in the strategic training and development initiatives step of the strategic training and development process.
D) A SWOT analysis provides a company the information needed to generate several alternative business strategies and make a strategic choice.
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8
The strategic training and development process begins with _____.
A) choosing strategic training and development initiatives
B) identifying the business strategy
C) developing websites for knowledge sharing
D) identifying measures or metrics
A) choosing strategic training and development initiatives
B) identifying the business strategy
C) developing websites for knowledge sharing
D) identifying measures or metrics
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9
A(n) _____ strategy focuses on new market and product development, innovation, and joint ventures.
A) disinvestment
B) privatization
C) external growth
D) internal growth
A) disinvestment
B) privatization
C) external growth
D) internal growth
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10
The _____ considers four different perspectives: customer, internal, innovation and learning, and financial.
A) SWOT analysis
B) value chain analysis
C) BCG matrix
D) balanced scorecard
A) SWOT analysis
B) value chain analysis
C) BCG matrix
D) balanced scorecard
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11
A SWOT analysis is typically conducted in the _____ step of the strategic training and development process.
A) business strategy formulation and identification
B) strategic training and development initiatives
C) training and development activities
D) measures or metrics identification
A) business strategy formulation and identification
B) strategic training and development initiatives
C) training and development activities
D) measures or metrics identification
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12
Which of the following is not one of the four major components of the balanced scorecard?
A) Customers
B) Internal business processes
C) Sustainability
D) Financial
A) Customers
B) Internal business processes
C) Sustainability
D) Financial
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13
Which of the following is true about a learning organization?
A) A learning organization discourages learning at the group and organizational levels.
B) A learning organization restricts employees from experimenting with products and services.
C) In a learning organization, employees learn from failure and from successes.
D) In a learning organization, employees are discouraged from asking questions and admitting mistakes.
A) A learning organization discourages learning at the group and organizational levels.
B) A learning organization restricts employees from experimenting with products and services.
C) In a learning organization, employees learn from failure and from successes.
D) In a learning organization, employees are discouraged from asking questions and admitting mistakes.
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14
In _____ financial and other resources are not available for development, so companies tend to rely on hiring talent from the external labor market.
A) clubs
B) fortresses
C) baseball teams
D) academies
A) clubs
B) fortresses
C) baseball teams
D) academies
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15
Business-level outcomes chosen to measure the overall value of training or learning initiatives are referred to as _____.
A) values
B) goals
C) business strategies
D) metrics
A) values
B) goals
C) business strategies
D) metrics
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16
_____ involves examining a company's operating environment to identify opportunities and threats.
A) Internal analysis
B) Gap analysis
C) External analysis
D) Pareto analysis
A) Internal analysis
B) Gap analysis
C) External analysis
D) Pareto analysis
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17
The final step of the strategic training and development process involves _____.
A) choosing strategic training and development initiatives
B) identifying the business strategy
C) identifying measures or metrics
D) creating concrete training and development activities
A) choosing strategic training and development initiatives
B) identifying the business strategy
C) identifying measures or metrics
D) creating concrete training and development activities
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18
Which of the following positions is characterized by high value and low uniqueness?
A) Lab technician
B) Scientist
C) Secretarial staff
D) Legal adviser
A) Lab technician
B) Scientist
C) Secretarial staff
D) Legal adviser
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19
Uniqueness refers to _____.
A) employee potential to improve company effectiveness and efficiency
B) the extent to which training and learning is centralized in an organization
C) the extent to which employees are rare, specialized, and not highly available in the labor market
D) the picture of the future an organization wants to achieve
A) employee potential to improve company effectiveness and efficiency
B) the extent to which training and learning is centralized in an organization
C) the extent to which employees are rare, specialized, and not highly available in the labor market
D) the picture of the future an organization wants to achieve
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20
Job-based employees are characterized by _____.
A) high value and high uniqueness
B) high value and low uniqueness
C) low value and low uniqueness
D) low value and high uniqueness
A) high value and high uniqueness
B) high value and low uniqueness
C) low value and low uniqueness
D) low value and high uniqueness
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21
Which of the following is true of the business-embedded (BE) learning function?
A) The BE function is customer-focused.
B) A BE training function views trainees as marketers.
C) A BE training function does not guarantee that training will improve performance.
D) Training functions organized by the BE model do not involve line managers.
A) The BE function is customer-focused.
B) A BE training function views trainees as marketers.
C) A BE training function does not guarantee that training will improve performance.
D) Training functions organized by the BE model do not involve line managers.
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22
Which of the following is not one of the major "change-related" problems that need to be addressed before the implementation of new training practices?
A) Resistance to change
B) Loss of control
C) Power imbalance
D) Training-business strategy incongruence
A) Resistance to change
B) Loss of control
C) Power imbalance
D) Training-business strategy incongruence
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23
The CEO of a company is responsible for setting a clear direction for learning.
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24
Tacit knowledge developed through experience and shared through interactions between employees is easy to imitate.
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25
Emphasis on the creation of intellectual capital and the movement toward high-performance work systems using teams has resulted in employees performing many roles once reserved for management.
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26
In highly integrated businesses, training is likely to include rotating employees between jobs in different businesses.
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27
For companies in an unstable or recessionary business environment, training programs focus more on correcting skill deficiencies rather than preparing staff for new assignments.
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28
Skill-based pay systems base employees' pay on what skills they are using for their current jobs rather than the number of skills they are competent in.
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29
Strategic training and development initiatives vary by company depending on a company's industry, goals, resources, and capabilities.
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30
Line managers spend less time managing individual performance and developing employees than midlevel managers or executives do.
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31
Explicit knowledge is thought to have a stronger impact on helping organizations achieve a competitive advantage than tactic knowledge.
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32
Learning organizations emphasize that learning occurs not only at the individual employee level but also at the group and organizational levels.
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33
_____ relates to managers' and employees' ability to obtain and distribute valuable resources such as data, information, or money.
A) Power
B) Control
C) Vision
D) Outsourcing
A) Power
B) Control
C) Vision
D) Outsourcing
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34
Which of the following is not one of the major reasons organizations outsource training?
A) Potential cost savings
B) Desire for greater control
C) Time savings
D) Desire to access best practices
A) Potential cost savings
B) Desire for greater control
C) Time savings
D) Desire to access best practices
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35
Which of the following is true of centralized training?
A) A centralized training function helps drive stronger alignment with business strategy.
B) Training and development programs, resources, and professionals are housed in a number of different locations.
C) A centralized training function hinders the development of a common set of metrics or scorecards.
D) A centralized training function is largely ineffective during times of change.
A) A centralized training function helps drive stronger alignment with business strategy.
B) Training and development programs, resources, and professionals are housed in a number of different locations.
C) A centralized training function hinders the development of a common set of metrics or scorecards.
D) A centralized training function is largely ineffective during times of change.
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36
Justin Mason, a product manager working in a manufacturing firm, is highly anxious about change. When the top management of Mason's firm made it mandatory for all product managers to undergo skills training, he told his superior that he would be uncomfortable with the process. He added that he was certain of not being able to cope with the new developments. In this instance, Justin is demonstrating _____.
A) indifference to change
B) uniqueness
C) resistance to change
D) loss of control
A) indifference to change
B) uniqueness
C) resistance to change
D) loss of control
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37
Internal analysis involves identifying opportunities and threats.
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38
The first step in the strategic training and development process is to identify metrics to determine if training will be successful.
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39
From a strategic perspective, "diversify the learning portfolio" refers to providing strategic diversity training to enhance a company's competitive advantage.
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40
In learning organizations, there is an understanding that failure provides important information.
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41
Business process reengineering refers to the outsourcing of any business process, such as HRM, production, or training.
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42
Companies that adopt state-of-the-art HRM practices realize higher levels of performance than firms that do not.
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43
Describe the human capital requirements for fortresses, baseball teams, clubs, and academies.
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44
A centralized training function not only hampers the streamlining of processes but also denies the company a cost advantage in purchasing training from vendors.
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45
Companies should generally avoid involving unions in retraining and productivity-improvement efforts.
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46
Uniqueness refers to employee potential to improve company effectiveness and efficiency.
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47
Define balanced scorecard. What are the four perspectives it considers? Provide examples of metrics used to measure them.
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48
Companies pursuing an external growth strategy typically focus on human capital issues to enhance efficiency.
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49
Outsourcing allows a company to focus better on its business strategy by saving cost and time.
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50
Training for contract employees would focus on sharing expertise and team training.
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51
Compared to ten years ago, organizations are less focused now on creating a learning and training brand.
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52
Describe five strategies for marketing training to internal customers
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53
Explain the business-embedded learning function.
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54
Job-based employees are likely to receive less training than knowledge-based employees.
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55
How does the strategic value of jobs and their uniqueness influence how training and learning resources are invested?
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56
What are the advantages and disadvantages of a centralized training function?
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