Exam 2: Strategy and Human Resources Planning

According to the "4As" framework of execution capability, which of the following would be human capital in the area of ability?

One of Ted's responsibilities is to regularly review HR initiatives to make sure they are in line with his company's strategy of being first to market. In other words, Ted needs to ensure __________ alignment.

What is the Balanced Scorecard?

Describe the basics of SWOT analysis as it relates to strategy formulation.

Which of the following is NOT a cell of the Balanced Scorecard model?

Clara's firm has been unable to execute effectively. Clara feels that the main source of this problem is that no one is held accountable for results. Clara has identified a flaw is which section of the "4As" framework?

__________ is the ability of an organization to rapidly reallocate resources to new or changing needs.

Trend analysis includes all of the following steps EXCEPT

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

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

In order to do an effective job at strategic planning, managers do all of the following EXCEPT

The corporate culture at Federal Financial Services is very competitive and encourages result-oriented behaviors. What type of culture is this?

Part of Eric's job is __________, which requires him to perform systematic, regular monitoring of major external forces that influence the organization.

An HR manager will use strategic planning to anticipate and provide for the movement of people into, within, and out of an organization.

While unemployment rates vary by sector, the lack of talent in low-skill jobs continues to create a real challenge for firms.

When developing a statement that provides a perspective on where her company is headed and what the organization can become in the future, Elana is working on the organization's mission.

Stan is a clerical worker at XLT Corp. with fairly limited and clearly defined duties. His employment relationship with XLT is transaction based. Stan would be considered a

Brad needs data on external labor supply sources. The best tool for him to use for this would be a staffing table.

Strategic human resources management (SHRM) is a combination of strategic planning and HR planning.

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