Question 1

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

Accepted Answer

A) True 
 B)False

Question 2

Reva needs to get a better idea of all the jobs in the organization along with the numbers of employees currently occupying those jobs and future employment requirements. Her best option would be to create a graphical representation such as a skills inventory.

Accepted Answer

A) True 
 B)False

Question 3

Customers, suppliers, and substitutes are part of a __________ environment.

Accepted Answer

A) political 
B) technological 
C) demographic 
D) competitive 
A) political 
B) technological 
C) demographic 
D) competitive

Question 4

A vision statement clarifies the long-term direction of a company and its strategic intent.

Accepted Answer

A) True 
 B)False

Question 5

Abe wants to use a qualitative approach to forecast demand. He should consider any of the following methods EXCEPT

Accepted Answer

A) trend analysis. 
B) the Delphi technique. 
C) soliciting expert opinion. 
D) management forecasts. 
A) trend analysis. 
B) the Delphi technique. 
C) soliciting expert opinion. 
D) management forecasts.

Question 6

In unionized firms, layoffs are only based on performance.

Accepted Answer

A) True 
 B)False

Question 7

A competitive environment includes all the following EXCEPT

Accepted Answer

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

Question 8

A __________ is a measurement framework that helps managers translate strategic goals into operational objectives.

Accepted Answer

A) benchmark 
B) trend analysis 
C) Balanced Scorecard 
D) cultural audit 
A) benchmark 
B) trend analysis 
C) Balanced Scorecard 
D) cultural audit

Question 9

An organization's core values are the strong, enduring beliefs and principles that serve as a foundation for its corporate culture.

Accepted Answer

A) True 
 B)False

Question 10

In international joint ventures, the issue of culture is one of the top concerns.

Accepted Answer

A) True 
 B)False

Question 11

Changes in labor supply can place limits on the strategies available to firms.

Accepted Answer

A) True 
 B)False

Question 12

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

Accepted Answer

A) True 
 B)False

Question 13

Organizational core values form the foundation of a firm's decisions.

Accepted Answer

A) True 
 B)False

Question 14

Clara's firm has been unable to execute effectively. Clara found that the primary reason is that the firm lacks streamlined processes. Clara has identified a flaw is which section of the "4As" framework?

Accepted Answer

A) Alignment 
B) Agility 
C) Ability 
D) Architecture 
A) Alignment 
B) Agility 
C) Ability 
D) Architecture

Question 15

Critical success factors for a low-cost strategy include efficiency, productivity, and minimizing waste.

Accepted Answer

A) True 
 B)False

Question 16

An internal analysis enables strategic decision makers to assess an organization's workforce-its skills, cultural beliefs, and values.

Accepted Answer

A) True 
 B)False

Question 17

Internal analysis focuses on culture and conflicts within an organization.

Accepted Answer

A) True 
 B)False

Question 18

The mission of a company

Accepted Answer

A) is used for the systematic monitoring of its external opportunities. 
B) is the basic purpose of the company. 
C) is the strong enduring belief used by the company to make decisions. 
D) provides a perspective on where the company is headed. 
A) is used for the systematic monitoring of its external opportunities. 
B) is the basic purpose of the company. 
C) is the strong enduring belief used by the company to make decisions. 
D) provides a perspective on where the company is headed.

Question 19

Trend analysis is a qualitative approach to labor demand forecasting.

Accepted Answer

A) True 
 B)False

Question 20

Analysis of external opportunities and threats is __________ step of the strategic management process.

Accepted Answer

A) the second 
B) the last 
C) an optional 
D) the penultimate 
A) the second 
B) the last 
C) an optional 
D) the penultimate

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

Reva needs to get a better idea of all the jobs in the organization along with the numbers of employees currently occupying those jobs and future employment requirements. Her best option would be to create a graphical representation such as a skills inventory.

Customers, suppliers, and substitutes are part of a __________ environment.

A vision statement clarifies the long-term direction of a company and its strategic intent.

Abe wants to use a qualitative approach to forecast demand. He should consider any of the following methods EXCEPT

In unionized firms, layoffs are only based on performance.

A competitive environment includes all the following EXCEPT

A __________ is a measurement framework that helps managers translate strategic goals into operational objectives.

An organization's core values are the strong, enduring beliefs and principles that serve as a foundation for its corporate culture.

In international joint ventures, the issue of culture is one of the top concerns.

Changes in labor supply can place limits on the strategies available to firms.

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

Organizational core values form the foundation of a firm's decisions.

Clara's firm has been unable to execute effectively. Clara found that the primary reason is that the firm lacks streamlined processes. Clara has identified a flaw is which section of the "4As" framework?

Critical success factors for a low-cost strategy include efficiency, productivity, and minimizing waste.

An internal analysis enables strategic decision makers to assess an organization's workforce-its skills, cultural beliefs, and values.

Internal analysis focuses on culture and conflicts within an organization.

The mission of a company

Trend analysis is a qualitative approach to labor demand forecasting.

Analysis of external opportunities and threats is __________ step of the strategic management process.

The Rewards and Challenges of Human Resources Management

Equal Employment Opportunity and Human Resources Management

Job Analysis and Job Design

Expanding the Talent Pool: Recruitment and Careers

Employee Selection

Training and Development

Performance Management

Managing Compensation

Pay-For-Performance: Incentive Rewards

Employee Benefits

Promoting Safety and Health

Employees Rights and Discipline

The Dynamics of Labor Relations

International Human Resources Management

Implementing HR Strategy: High-Performance Work Systems

Filters

Exam 2: Strategy and Human Resources Planning

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

Reva needs to get a better idea of all the jobs in the organization along with the numbers of employees currently occupying those jobs and future employment requirements. Her best option would be to create a graphical representation such as a skills inventory.

Customers, suppliers, and substitutes are part of a __________ environment.

A vision statement clarifies the long-term direction of a company and its strategic intent.

Abe wants to use a qualitative approach to forecast demand. He should consider any of the following methods EXCEPT

In unionized firms, layoffs are only based on performance.

A competitive environment includes all the following EXCEPT

A __________ is a measurement framework that helps managers translate strategic goals into operational objectives.

An organization's core values are the strong, enduring beliefs and principles that serve as a foundation for its corporate culture.

In international joint ventures, the issue of culture is one of the top concerns.

Changes in labor supply can place limits on the strategies available to firms.

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

Organizational core values form the foundation of a firm's decisions.

Clara's firm has been unable to execute effectively. Clara found that the primary reason is that the firm lacks streamlined processes. Clara has identified a flaw is which section of the "4As" framework?

Critical success factors for a low-cost strategy include efficiency, productivity, and minimizing waste.

An internal analysis enables strategic decision makers to assess an organization's workforce-its skills, cultural beliefs, and values.

Internal analysis focuses on culture and conflicts within an organization.

The mission of a company

Trend analysis is a qualitative approach to labor demand forecasting.

Analysis of external opportunities and threats is __________ step of the strategic management process.

The Rewards and Challenges of Human Resources Management

Equal Employment Opportunity and Human Resources Management

Job Analysis and Job Design

Expanding the Talent Pool: Recruitment and Careers

Employee Selection

Training and Development

Performance Management

Managing Compensation

Pay-For-Performance: Incentive Rewards

Employee Benefits

Promoting Safety and Health

Employees Rights and Discipline

The Dynamics of Labor Relations

International Human Resources Management

Implementing HR Strategy: High-Performance Work Systems

Filters

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