Exam 2: Strategy and Human Resources Planning

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

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Strategic planning is the process of anticipating and providing for the movement of people into,within,and out of an organization.

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The target company for benchmarking does not need to be a competitor.

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​The quality-of-fill metric attempts to measure how well new hires of an organization are performing so that the organization will have enough top performers to propel it towards its strategic objectives.

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_____ is the ability of an organization to rapidly reallocate resources to new or changing needs.

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The Balanced Scorecard is a tool for mapping a firm's strategy in order to ensure strategic alignment.

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The strategic vision of a company:

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Unionized organizations recognize seniority.

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