Exam 2: Strategy and Human Resources Planning

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The stages of HR activity associated with a merger are (1)precombination, (2)combination, and (3)solidification and assessment.

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The mission statement of an organization is a description of the organization's vision and values.

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What does a human capital architecture map classify employees according to?

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Kramer Athletic Equipment is planning the future of the organization. In this process, the firm is making decisions such as whether to maintain its current path as industry leader in the running shoe business, or branch out to include casual footwear. In addition, the company is also discussing the various needs it will have for new staff if it does choose to go in a new direction. What is Kramer Athletic Equipment doing?

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Scenario 2.1 Blockbuster Canada was the first of its kind in Canada in the movie and games rental business and operated for more than 21 years. However, with the advent of more modern technology accessible mainly through Netflix and Rogers On Demand, Blockbuster struggled to stay relevant in a tech-savvy environment where videos and games could now be rented conveniently from the comfort of one's couch via computer or TV. Despite efforts to try to stay relevant they did not leverage technology that had become an important part of their consumer base's daily lives. As a result, Blockbuster was not able to fight off the competition. -Refer to Scenario 2.1. What is one of the most important assessments a firm like Blockbuster could have made in order to stay relevant?

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Scenario 2.1 Blockbuster Canada was the first of its kind in Canada in the movie and games rental business and operated for more than 21 years. However, with the advent of more modern technology accessible mainly through Netflix and Rogers On Demand, Blockbuster struggled to stay relevant in a tech-savvy environment where videos and games could now be rented conveniently from the comfort of one's couch via computer or TV. Despite efforts to try to stay relevant they did not leverage technology that had become an important part of their consumer base's daily lives. As a result, Blockbuster was not able to fight off the competition. -Refer to Scenario 2.1. For years, Blockbuster survived as a successful entity with various competitors until Netflix and Rogers On Demand began making movies and games available online. Which of the following most likely contributed to Blockbuster going out of business?

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Staffing tables provide data on external labour supply sources.

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Decisions about employee layoffs are usually based on seniority and/or performance.

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A cultural audit asks questions such as "What is the ethnic make-up of my workforce?"

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Core capabilities provide a long-term basis for technological innovation, product development, and service delivery.

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Human Resources and Skills Development Canada (HRSDC)analyzes labour markets to determine the supply and demand for labour.

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Core capabilities are integrated skills and knowledge sets within an organization that distinguish it from its competitors and deliver value to customers.

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Which of the following best describes forecasting human resources needs?

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What is at the centre of the 7-S model?

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Through human resources planning, organizations strive for a proper balance between demand considerations and supply considerations.

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Under the umbrella of layoff strategies are several work reduction options: reduced workweek, reduced shifts, transfers to related companies, and so on.

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Nearly one-fifth of the workforce is made up of part-time, temporary, and self-employed workers.

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Scenario 2.1 Blockbuster Canada was the first of its kind in Canada in the movie and games rental business and operated for more than 21 years. However, with the advent of more modern technology accessible mainly through Netflix and Rogers On Demand, Blockbuster struggled to stay relevant in a tech-savvy environment where videos and games could now be rented conveniently from the comfort of one's couch via computer or TV. Despite efforts to try to stay relevant they did not leverage technology that had become an important part of their consumer base's daily lives. As a result, Blockbuster was not able to fight off the competition. -Refer to Scenario 2.1. Blockbuster's competitive environment includes which of the following?

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

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Severance pay is usually calculated based on which of the following?

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