Question 1

Herald Inc. is planning to acquire Pyramid Inc. Before the acquisition, the HR manager of Herald Inc. should:

Accepted Answer

A)  conduct due diligence. 
B)  retain key talent. 
C)  optimize the workforce of Pyramid Inc. 
D)  recognize the cultural differences between the two companies.

Question 2

Short-range forecasts focus on the immediate HR needs of an organization.

Accepted Answer

A) True 
 B)False

Question 3

Jack, an HR Manager at Helium Inc., is starting the HR planning process. Which of the following should be his first step?

Accepted Answer

A)  Reviewing the organization's strategic plans 
B)  Developing HR staffing plans and actions 
C)  Compiling HR planning forecasts 
D)  Assessing the external and the internal workforce

Question 4

In the balanced scorecard framework, utilization of capital is classified under _____.

Accepted Answer

A)  financial measures 
B)  internal business processes 
C)  customer relations 
D)  learning and growth activities

Question 5

Maria, a Brand Manager at MediaDay Inc., is formulating a strategic plan for her organization. She has identified the organizational mission and conducted a SWOT analysis of the business. Which of the following is most likely to be Maria's next step in the strategic planning process?

Accepted Answer

A)  Evaluating and reassessing strategies 
B)  Implementing strategies 
C)  Establishing goals and objectives 
D)  Formulating supporting functional strategies

Question 6

Discuss the process involved in forecasting the supply of human resources.

Accepted Answer

The answer of Discuss the process involved in forecasting the...

Question 7

Benefit costs as a percentage of payroll are classified as a _____ of human resources.

Accepted Answer

A)  training metric 
B)  development metric 
C)  staffing metric 
D)  compensation metric

Question 8

The internal environment of an organization includes economic, political, and competitive forces that shape the organization's future.

Accepted Answer

A) True 
 B)False

Question 9

Under the federal Consolidated Omnibus Budget Reconciliation Act, displaced workers can retain their group medical coverage for up to 24 months for themselves and for up to 18 months for their dependents, if they pay the premiums themselves.

Accepted Answer

A) True 
 B)False

Question 10

In the final step of the HR planning process, HR plans are developed to provide specific direction for managing HR activities related to recruiting, selecting, and retaining employees.

Accepted Answer

A) True 
 B)False

Question 11

Discuss the balanced scorecard.

Accepted Answer

The answer of Discuss the balanced scorecard....

Question 12

Like financial reporting, there is a standard for the implementation and reporting of HR measures.

Accepted Answer

A) True 
 B)False

Question 13

Which of the following best defines a multinational corporation?

Accepted Answer

A)  An organization that has facilities and other assets in at least one country other than its home country 
B)  An organization that imports goods from other countries to its home country 
C)  An organization that exports goods from its home country to other countries 
D)  An organization that outsources at least one of its functions or operations to another company

Question 14

The external environment of an organization includes the quality and quantity of talent, the organizational culture, and the talent pipeline and leadership bench strength.

Accepted Answer

A) True 
 B)False

Question 15

Define severance benefits.

Accepted Answer

The answer of Define severance benefits....

Question 16

In the balanced scorecard framework, conformance to standards is classified under financial measures.

Accepted Answer

A) True 
 B)False

Question 17

Jantee, a Senior Manager at LionShare Inc., is responsible for the strategic planning process in his organization. He is currently implementing a strategy. Which of the following stages of the strategic planning process is Jantee most likely to have completed immediately before the implementation stage?

Accepted Answer

A)  Stating the organizational mission 
B)  Conducting a SWOT analysis 
C)  Establishing goals and objectives 
D)  Formulating supporting functional strategies

Question 18

The average tenure of employees is classified as a(n) _____ of human resources.

Accepted Answer

A)  compensation metric 
B)  HR staff and expenses metric 
C)  retention and quality metric 
D)  development metric

Question 19

Which of the following scenarios best illustrates outsourcing?

Accepted Answer

A)  Octagon Inc., an American smartphone company, exports its products to different countries in Europe and North America. 
B)  Hexagon Corp. entices its employees to volunteer to leave the organization by offering severance benefits. 
C)  Oasis Inc., an American publishing company, transfers the task of payroll processing to Crimson Inc., an American HR consulting company. 
D)  Eagle Inc. rehires retirees on a part-time or temporary basis to fill talent gaps in the organization.

Question 20

Describe the strategic planning process for organizations.

Accepted Answer

The answer of Describe the strategic planning process for organizations....

Exam 2: Human Resource Strategy and Planning

Herald Inc. is planning to acquire Pyramid Inc. Before the acquisition, the HR manager of Herald Inc. should:

Short-range forecasts focus on the immediate HR needs of an organization.

Jack, an HR Manager at Helium Inc., is starting the HR planning process. Which of the following should be his first step?

In the balanced scorecard framework, utilization of capital is classified under _____.

Maria, a Brand Manager at MediaDay Inc., is formulating a strategic plan for her organization. She has identified the organizational mission and conducted a SWOT analysis of the business. Which of the following is most likely to be Maria's next step in the strategic planning process?

Discuss the process involved in forecasting the supply of human resources.

Benefit costs as a percentage of payroll are classified as a _____ of human resources.

The internal environment of an organization includes economic, political, and competitive forces that shape the organization's future.

Under the federal Consolidated Omnibus Budget Reconciliation Act, displaced workers can retain their group medical coverage for up to 24 months for themselves and for up to 18 months for their dependents, if they pay the premiums themselves.

In the final step of the HR planning process, HR plans are developed to provide specific direction for managing HR activities related to recruiting, selecting, and retaining employees.

Discuss the balanced scorecard.

Like financial reporting, there is a standard for the implementation and reporting of HR measures.

Which of the following best defines a multinational corporation?

The external environment of an organization includes the quality and quantity of talent, the organizational culture, and the talent pipeline and leadership bench strength.

Define severance benefits.

In the balanced scorecard framework, conformance to standards is classified under financial measures.

The average tenure of employees is classified as a(n) _____ of human resources.

Which of the following scenarios best illustrates outsourcing?

Describe the strategic planning process for organizations.