Question 1

As companies diversify into new businesses,managers are inevitably faced with a "make or ____" decision.

Accepted Answer

A)  buy 
B)  lease 
C)  forego 
D)  substitute

Question 2

The examination of the attitudes and activities of a company's workforce refers to:

Accepted Answer

A)  environmental scanning. 
B)  a trend analysis. 
C)  a cultural audit. 
D)  behavioral modeling.

Question 3

Social concerns include:

Accepted Answer

A)  new processes 
B)  innovations 
C)  demographic trends 
D)  elder care

Question 4

Calculating separation costs and training investment factors are components measures of human capital.

Accepted Answer

A) True 
 B)False

Question 5

Which of the following is NOT a component of SWOT analysis?

Accepted Answer

A)  Weakness 
B)  Threat 
C)  Strategy 
D)  Opportunity

Question 6

Trend analysis is a qualitative approach to labor demand forecasting.

Accepted Answer

A) True 
 B)False

Question 7

Organizational structure is the framework in which activities of the organization members are coordinated.

Accepted Answer

A) True 
 B)False

Question 8

Forecasting is frequently more an art than a science,providing inexact approximations rather than absolute results.

Accepted Answer

A) True 
 B)False

Question 9

Strategic knowledge workers usually earn long-term commitments and investments in their training and development from their employers.

Accepted Answer

A) True 
 B)False

Question 10

Strategic HRM is a combination of strategic planning and HR planning.

Accepted Answer

A) True 
 B)False

Question 11

A SWOT analysis helps executives summarize the major facts and forecasts derived from external and internal analysis.

Accepted Answer

A) True 
 B)False

Question 12

Measures of turnover costs include:

Accepted Answer

A)  separation costs 
B)  return on assets 
C)  earnings per share 
D)  training program costs

Question 13

Describe the basics of SWOT analysis.

Accepted Answer

The answer of Describe the basics of SWOT analysis....

Question 14

An analysis of the number and percentage of employees in each job from year to year,with proportions of those who are promoted,demoted,transferred,or exit the organization is called:

Accepted Answer

A)  a staffing table. 
B)  a Markov analysis. 
C)  a skills inventory. 
D)  modeling.

Question 15

This group of employees has skills that are quite valuable to a company,but not particularly unique or difficult to replace.

Accepted Answer

A)  core employees 
B)  strategic knowledge workers 
C)  supporting workers 
D)  partners

Question 16

The Delphi technique

Accepted Answer

A)  attempts to decrease subjectivity of forecasts 
B)  is a quantitative methods 
C)  uses sophisticated statistical tools for forecasting 
D)  is a method of reducing hiring costs

Question 17

Based upon U.S.Census Bureau projections,which of the following is NOT anticipated to happen between 2012 and 2018.

Accepted Answer

A)  Employment growth will continue to be concentrated in the service-providing sector of the economy. 
B)  The number of workers in the 55 and older group is projected to grow by nearly 30 percent. 
C)  Approximately 62 percent of all new jobs created in the U.S.economy will be in the health care and social assistance industry. 
D)  Minorities and immigrants will constitute a larger share of the population and labor force.

Question 18

A disadvantage of overemphasizing seniority is that less competent employees receive the same rewards and security as more competent employees.

Accepted Answer

A) True 
 B)False

Question 19

Organizations set procedures for making decisions to achieve those objectives through strategic planning.

Accepted Answer

A) True 
 B)False

Question 20

Systems:

Accepted Answer

A)  lay out the route that the organization will take in the future. 
B)  is the framework in which activities of employees are coordinated. 
C)  are formal and informal procedures that govern every day activity. 
D)  act as guiding parameters for strategic planning.

Exam 2: Strategy and Human Resources Planning

As companies diversify into new businesses,managers are inevitably faced with a "make or ____" decision.

The examination of the attitudes and activities of a company's workforce refers to:

Social concerns include:

Calculating separation costs and training investment factors are components measures of human capital.

Which of the following is NOT a component of SWOT analysis?

Trend analysis is a qualitative approach to labor demand forecasting.

Organizational structure is the framework in which activities of the organization members are coordinated.

Forecasting is frequently more an art than a science,providing inexact approximations rather than absolute results.

Strategic knowledge workers usually earn long-term commitments and investments in their training and development from their employers.

Strategic HRM is a combination of strategic planning and HR planning.

A SWOT analysis helps executives summarize the major facts and forecasts derived from external and internal analysis.

Measures of turnover costs include:

Describe the basics of SWOT analysis.

An analysis of the number and percentage of employees in each job from year to year,with proportions of those who are promoted,demoted,transferred,or exit the organization is called:

This group of employees has skills that are quite valuable to a company,but not particularly unique or difficult to replace.

The Delphi technique

Based upon U.S.Census Bureau projections,which of the following is NOT anticipated to happen between 2012 and 2018.

A disadvantage of overemphasizing seniority is that less competent employees receive the same rewards and security as more competent employees.

Organizations set procedures for making decisions to achieve those objectives through strategic planning.

Systems: