Exam 3: Human Resource Management Strategy and Analysis

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Managers engage in three levels of strategic planning.

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Strategy maps help managers link the company's strategic plan with departmental activities.

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The 2008 announcement by Starbucks that it would be closing approximately 600 of its stores suggests the firm was using a ________ strategy.

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A company's ________ strategy identifies how to build and strengthen the business's long-term competitive position in the marketplace.

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Reese Enterprises seeks to fill upper-level positions internally whenever possible and uses validated selection tests when considering external hires.This most likely suggests the company is developing a ________.

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A course of action that a firm can pursue to achieve its strategic aims is known as a ________.

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Which of the following would most likely occur during the due diligence stage of a merger or acquisition?

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Human resource managers,department managers,and supervisors influence the number of qualified applicants for a position.

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In a brief essay,describe the three types of competitive strategies that firms use to achieve competitive advantage.Support your answer with examples of organizations that currently use each of the strategies.

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The specific human resource policies and practices used to support a firm's strategic goals are known as human resource strategies.

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Which of the following is the most important human resource issue to address during the first few months of a merger?

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Human resource strategies are the ________ used to support a firm's strategic goals.

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Human resource audits and benchmarking are two critical tools used by managers who implement an evidence-based approach to human resource management.

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According to the text,teams of empowered,engaged,and dedicated workers at GE serve as a(n)________.

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What is the first step in the basic planning process?

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Benchmarking involves analyzing the demographic make-up of an organization over a specific period to determine the overall diversity of the firm.

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Which term indicates the course of action for getting from where you are to where you want to go?

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Strategic human resource management means formulating and executing HR systems that produce the employee competencies and behaviors a firm needs to achieve its strategic aims.

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A vertical integration strategy means that a firm will expand by adding new product lines.

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Strategic planning primarily benefits a firm's managers by ________.

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