Exam 2: Human Resources Strategy and Planning

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The formula for calculating the potential ROI for a new HR activity = operating cost for a new or enhanced system for a time period + one-time cost of acquisition and implementation/value of gains from productivity improvements for the time period.

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The policy of assigning host-country nationals to key staff positions in offshore organizations is known as the ethnocentric policy of global staffing strategies.

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Define due diligence.

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Mark, an HR manager, is responsible for the HR planning process in his organization. He has reviewed the organization's strategic plans. Which of the following is most likely to be Mark's next step in the planning process?

(Multiple Choice)
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After a deal for a merger is closed, the focus of HR activity should be on due diligence.

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Intermediate-range plans usually project one to three years into the future.

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Which of the following best defines the term 'effectiveness'?

(Multiple Choice)
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Which of the following is an effective method for managing a talent shortage?

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Which of the following is true of the Older Workers Benefit Protection Act?

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The balanced scorecard is a framework organizations use to report on a diverse set of performance measures.

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Annual wages and pay increases are classified as a _____ metric of Human Resource.

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

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Which of the following is true of the Consolidated Omnibus Budget Reconciliation Act?

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The internal environment of planning includes economic, political, and competitive forces that will shape the future.

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HR-to-employee ratio is classified as a(n) _____ metric of Human Resource.

(Multiple Choice)
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Which of the following is an effective method of managing a talent surplus?

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Which of the following is a factor of the external environment in an organization?

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In the balanced scorecard framework, which of the following factors would considered most important to ensure that the organization is meeting customer expectations?

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Under the federal Consolidated Omnibus Budget Reconciliation Act (COBRA), displaced workers can retain their group medical coverage for up to 18 months for themselves, and up to 36 months for their dependents, if they pay the premium themselves.

(True/False)
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Revenue per employee is a basic measure of human capital effectiveness.

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