Exam 2: Human Resource Strategy and Planning

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Herald Inc. is planning to acquire Pyramid Inc. Before the acquisition, the HR manager of Herald Inc. should:

(Multiple Choice)
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Short-range forecasts focus on the immediate HR needs of an organization.

(True/False)
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Jack, an HR Manager at Helium Inc., is starting the HR planning process. Which of the following should be his first step?

(Multiple Choice)
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In the balanced scorecard framework, utilization of capital is classified under _____.

(Multiple Choice)
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Maria, a Brand Manager at MediaDay Inc., is formulating a strategic plan for her organization. She has identified the organizational mission and conducted a SWOT analysis of the business. Which of the following is most likely to be Maria's next step in the strategic planning process?

(Multiple Choice)
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Discuss the process involved in forecasting the supply of human resources.

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Benefit costs as a percentage of payroll are classified as a _____ of human resources.

(Multiple Choice)
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The internal environment of an organization includes economic, political, and competitive forces that shape the organization's future.

(True/False)
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Under the federal Consolidated Omnibus Budget Reconciliation Act, displaced workers can retain their group medical coverage for up to 24 months for themselves and for up to 18 months for their dependents, if they pay the premiums themselves.

(True/False)
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In the final step of the HR planning process, HR plans are developed to provide specific direction for managing HR activities related to recruiting, selecting, and retaining employees.

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Discuss the balanced scorecard.

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Like financial reporting, there is a standard for the implementation and reporting of HR measures.

(True/False)
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Which of the following best defines a multinational corporation?

(Multiple Choice)
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The external environment of an organization includes the quality and quantity of talent, the organizational culture, and the talent pipeline and leadership bench strength.

(True/False)
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Define severance benefits.

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In the balanced scorecard framework, conformance to standards is classified under financial measures.

(True/False)
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Jantee, a Senior Manager at LionShare Inc., is responsible for the strategic planning process in his organization. He is currently implementing a strategy. Which of the following stages of the strategic planning process is Jantee most likely to have completed immediately before the implementation stage?

(Multiple Choice)
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The average tenure of employees is classified as a(n) _____ of human resources.

(Multiple Choice)
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Which of the following scenarios best illustrates outsourcing?

(Multiple Choice)
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Describe the strategic planning process for organizations.

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