Exam 1: The Challenge of Human Resources Management

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_____ requires an understanding of an organization's customers and economic and financial capabilities to help a firm achieve its strategic direction and adjust it as needed.

(Multiple Choice)
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A method of containing costs that allows a professional employer organization (PEO),typically a larger company,to takeover the management of a smaller company's HR tasks and become a coemployer to its employees is known as _____.

(Multiple Choice)
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The _____ is the first major trade agreement of the twentieth century to establish rules and guidelines for global commerce.

(Multiple Choice)
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The strategies companies are pursuing today increasingly involve one or more elements of globalization.

(True/False)
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Describe the role of a line manager.

(Essay)
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One of the responsibilities of HR managers is to provide advice and counsel to line managers.

(True/False)
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HR managers can establish personal credibility by developing good relationships with people both internal and external to a firm.

(True/False)
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The knowledge,skills,and capabilities of individuals that have a tremendous impact on an organization's performance but do not show up directly on its balance sheet are known as:

(Multiple Choice)
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By 2050,the percentage of Hispanics in the United States is expected to nearly triple,while the percentage of people of Asian descent is expected to significantly decrease.

(True/False)
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Discuss the strategic challenges that companies face and some of the key employee concerns.

(Essay)
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Globalization is of interest to _____ companies.

(Multiple Choice)
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Women who are employed full-time today make about _____ of what men employed full-time make.

(Multiple Choice)
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Downsizing is often used by organizations for the planned elimination of jobs.

(True/False)
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Reactive changes are strategic changes initiated by managers in response to external forces that have already affected a company's performance.

(True/False)
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_____ change is initiated by management to take advantage of targeted opportunities.

(Multiple Choice)
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A firm's top _____ manager is in a good position to be the chief ethics officer of the firm.

(Multiple Choice)
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Which of the following is NOT a general responsibility of the HR manager?

(Multiple Choice)
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It is anticipated that in the future,the American workforce will exhibit:

(Multiple Choice)
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Approximately _____ of the U.S.economy today is affected by international competition,including small companies.

(Multiple Choice)
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As an employee advocate,HR managers:

(Multiple Choice)
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