Exam 2: Strategy and Human Resources Planning

In general, contract labour possesses skills and knowledge of less strategic value to the organization than core knowledge workers.

What is the most important information obtained from a Markov analysis?

Organization Y is a unionized textiles manufacturing company that is downsizing. What will Organization Y most likely use when deciding whom to lay off first?

Describe how human resources planning is integrated with strategic planning.

Scenario 2.2 Avie Products Inc. is planning to add a third shift to its production schedule. It currently has 450 workers involved in all aspects of its fertilizer business, best done in Canada. A recent surge in demand from its global customers is driving the need for more workers; however, Simi Meher, the CEO, is concerned that the surge may be temporary, especially in light of the recent economic downturns in the global environment where Avie does business. -Refer to Scenario 2.2. Assume that Avie goes ahead with the third shift. What can the company use to evaluate the effectiveness of this strategy in a year's time?

Which of the following is an important step in human resources planning?

Economic factors in environmental scanning include general and global conditions.

Succession planning is the process of identifying, developing, and tracking key individuals so that they may eventually assume top-level positions.

The use of part-time employees creates a problem of labour costs at fast-food restaurants.

Identify and briefly describe three strategies that managers frequently use to cope with a labour shortage.

Describe the three key elements of the HRP model.

Strategic plans have a strong external orientation that covers major portions of the organization, focusing mainly on how the organization will position itself globally.

The number of hours that Canadians work per week has been trending downward and now hovers around 33 hours a week.

A cultural audit may examine how people are empowered.

An organization states that teamwork and working together are important in its strategy but gives bonuses to individuals who excel independently. What is this an example of?

Forecasting may be as informal as having one person familiar with the organization anticipate HR needs.

Vindal Fabrics has determined that its organizational strength is being an industry leader in producing upholstery fabrics for automobiles. The company believes its weakness is its performance in Southeast Asia. It has also determined that it is missing an opportunity by not yet branching into upholstery for public transit seats. In order to complete a SWOT analysis, what piece of information does Vindal Fabrics need to figure out next?

Which term refers to an enthusiastically adopted tool for mapping a firm's strategy in order to ensure strategic alignment?

What is an important shortcoming of an organization's having to rely on part-time employees?

Which statement best describes strategic knowledge workers?