Question 1

The first step in strategic planning is establishing a mission,vision,and values for the organization.

Accepted Answer

A) True 
 B)False

Question 2

Human resources planning is:

Accepted Answer

A)  a technique that identifies the critical aspects of a job. 
B)  the process of anticipating and making provision for movement of people into,within,and out of an organization. 
C)  the process of setting major organizational objectives and developing comprehensive plans to achieve these objectives. 
D)  the process of determining the primary direction of the firm.

Question 3

Layoff decisions are frequently based on:

Accepted Answer

A)  union membership. 
B)  department ranking. 
C)  seniority. 
D)  favoritism.

Question 4

Describe the three key elements of the HR Forecasting model.

Accepted Answer

The answer of Describe the three key elements of the...

Question 5

Markov analysis shows the percentage of employees who remain in each of the firm's jobs from one year to the next.

Accepted Answer

A) True 
 B)False

Question 6

Integrated knowledge sets within an organization that distinguish it from its competitors and deliver value to customers are known as:

Accepted Answer

A)  individual competencies. 
B)  core capabilities. 
C)  human capital. 
D)  organizational competencies.

Question 7

Which of the following is NOT an element of organizational growth?

Accepted Answer

A)  Increased employee productivity. 
B)  A greater number of employees. 
C)  Employees developing or acquiring new skills. 
D)  An increase in profitability.

Question 8

Multiple predictive techniques used to predict employment needs could include all of the following factors except:

Accepted Answer

A)  interest rates 
B)  gross national product 
C)  disposable income 
D)  hiring costs

Question 9

With respect to forecasting,which of the following is NOT a critical element of planning?

Accepted Answer

A)  capabilities 
B)  composition 
C)  culture 
D)  coordination

Question 10

The competitive environment includes all the following except:

Accepted Answer

A)  new entrants 
B)  suppliers 
C)  rivals 
D)  subordinates

Question 11

The order of employee layoffs is usually based on seniority and/or ability.

Accepted Answer

A) True 
 B)False

Question 12

Shared values act as a guiding parameter for strategic planning.

Accepted Answer

A) True 
 B)False

Question 13

A cultural audit may examine the attitudes and expectations of the employees.

Accepted Answer

A) True 
 B)False

Question 14

Benchmarking identifies the best practices in a given area and establishes them as performance standards.

Accepted Answer

A) True 
 B)False

Question 15

____ is the process of identifying,developing,and tracking key individuals for executive positions.

Accepted Answer

A)  Succession planning 
B)  Creating skill inventories 
C)  Developing replacement charts 
D)  Quality of fill

Question 16

In the telephone industry,mobile phones and VOIP (Voice-over-the Internet Protocol)are examples of ____________ for traditional firms.

Accepted Answer

A)  companions 
B)  rivals 
C)  substitutes 
D)  supplements

Question 17

At the fundamental level,strategy focuses on creating ____ value.

Accepted Answer

A)  buyers 
B)  suppliers 
C)  customer 
D)  subordinates

Question 18

A strategic vision provides the strong and enduring beliefs and principles that the company uses as a foundation for its decisions.

Accepted Answer

A) True 
 B)False

Question 19

Strategic knowledge workers:

Accepted Answer

A)  have unique skills not directly related to company strategy 
B)  have firm-specific skills directly related to company strategy 
C)  have skills that are valuable but not unique 
D)  have skills available to all firms

Question 20

Internal analysis provides strategic decision makers with an inventory of organizational skills and resources.

Accepted Answer

A) True 
 B)False

Exam 2: Strategy and Human Resources Planning

The first step in strategic planning is establishing a mission,vision,and values for the organization.

Human resources planning is:

Layoff decisions are frequently based on:

Describe the three key elements of the HR Forecasting model.

Markov analysis shows the percentage of employees who remain in each of the firm's jobs from one year to the next.

Integrated knowledge sets within an organization that distinguish it from its competitors and deliver value to customers are known as:

Which of the following is NOT an element of organizational growth?

Multiple predictive techniques used to predict employment needs could include all of the following factors except:

With respect to forecasting,which of the following is NOT a critical element of planning?

The competitive environment includes all the following except:

The order of employee layoffs is usually based on seniority and/or ability.

Shared values act as a guiding parameter for strategic planning.

A cultural audit may examine the attitudes and expectations of the employees.

Benchmarking identifies the best practices in a given area and establishes them as performance standards.

____ is the process of identifying,developing,and tracking key individuals for executive positions.

In the telephone industry,mobile phones and VOIP (Voice-over-the Internet Protocol) are examples of ____________ for traditional firms.

At the fundamental level,strategy focuses on creating ____ value.

A strategic vision provides the strong and enduring beliefs and principles that the company uses as a foundation for its decisions.

Strategic knowledge workers:

Internal analysis provides strategic decision makers with an inventory of organizational skills and resources.