Question 1

Previously considered a support function, ______________ is now becoming a strategic partner in helping a company achieve its goals.

Accepted Answer

The answer of Previously considered a support function, ______________ is...

Question 2

Examples of direct pay include which of the following?

Accepted Answer

A)  Flexible hours 
B)  Performance-based pay 
C)  Career and social rewards 
D)  Job security

Question 3

What are the two main theories of how to reward employees?

Accepted Answer

The answer of What are the two main theories of...

Question 4

A company's __________________ asset is the collective sum of the attributes, life experience, knowledge, inventiveness, energy, and enthusiasm that its people choose to invest in their work.

Accepted Answer

The answer of A company's __________________ asset is the collective...

Question 5

The doctrine of American law that defines an employment relationship in which either party can break the relationship with no liability is called ________________.

Accepted Answer

The answer of The doctrine of American law that defines...

Question 6

How does Dow Chemical exemplify best practices for succession planning?

Accepted Answer

The answer of How does Dow Chemical exemplify best practices...

Question 7

In addition to interviews, many employers use _________ to select and place job applicants.

Accepted Answer

The answer of In addition to interviews, many employers use...

Question 8

The organization's _________________ is the set of skills that employees acquired on the job, through training and experience.

Accepted Answer

The answer of The organization's _________________ is the set of...

Question 9

The average job tenure has dropped from 15 years to:

Accepted Answer

A)  4 years 
B)  5 years 
C)  6 years 
D)  7 years

Question 10

What is the hybrid pay system which would reward both individual and team performance, promoting excellence at both levels?

Accepted Answer

The answer of What is the hybrid pay system which...

Question 11

The principles of strategic human resource management and high performance work systems apply to nonprofit enterprises just as they do for-profit ones.

Accepted Answer

A) True 
 B)False

Question 12

The key to a successful "make" decision is to:

Accepted Answer

A)  Hire an employee who has all the necessary skills and experience 
B)  Distinguish between high potential employees and mediocre employees 
C)  Hire a person who doesn't have all the needed skills but can be trained 
D)  Predict the needed skills for the future

Question 13

The acronym for strategic human resource management is ___________.

Accepted Answer

The answer of The acronym for strategic human resource management...

Question 14

What is the "war for talent"?

Accepted Answer

The answer of What is the "war for talent"?...

Question 15

What is involved in the selection and placement process?

Accepted Answer

The answer of What is involved in the selection and...

Question 16

Techniques that were developed to achieve productivity breakthroughs in manufacturing can be applied to talent management.

Accepted Answer

A) True 
 B)False

Question 17

What are some examples of the many HR administrative tasks being done online?

Accepted Answer

A) True 
 B)False

Question 18

McKinsey & Company found that there is no relationship between a firm's financial performance and its global talent management practices.

Accepted Answer

A) True 
 B)False

Question 19

What is HPWS?

Accepted Answer

The answer of What is HPWS?...

Question 20

Implementing the HR scorecard requires a change in perspective, from seeing people as an asset to seeing people as the company's cost.

Accepted Answer

A) True 
 B)False

Exam 15: Understanding the Roles of Finance and Accounting in Global Competitive Advantage

Previously considered a support function, ______________ is now becoming a strategic partner in helping a company achieve its goals.

Examples of direct pay include which of the following?

What are the two main theories of how to reward employees?

A company's __________________ asset is the collective sum of the attributes, life experience, knowledge, inventiveness, energy, and enthusiasm that its people choose to invest in their work.

The doctrine of American law that defines an employment relationship in which either party can break the relationship with no liability is called ________________.

How does Dow Chemical exemplify best practices for succession planning?

In addition to interviews, many employers use _________ to select and place job applicants.

The organization's _________________ is the set of skills that employees acquired on the job, through training and experience.

The average job tenure has dropped from 15 years to:

What is the hybrid pay system which would reward both individual and team performance, promoting excellence at both levels?

The principles of strategic human resource management and high performance work systems apply to nonprofit enterprises just as they do for-profit ones.

The key to a successful "make" decision is to:

The acronym for strategic human resource management is ___________.

What is the "war for talent"?

What is involved in the selection and placement process?

Techniques that were developed to achieve productivity breakthroughs in manufacturing can be applied to talent management.

What are some examples of the many HR administrative tasks being done online?

McKinsey & Company found that there is no relationship between a firm's financial performance and its global talent management practices.

What is HPWS?

Implementing the HR scorecard requires a change in perspective, from seeing people as an asset to seeing people as the company's cost.