Exam 2: Strategy and Human Resources Planning

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The process of identifying,developing,and tracking key individuals so that they may eventually assume top-level positions is:

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

(True/False)
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While unemployment rates vary by sector,the shortage of talent in low-skill jobs continues to create a real challenge for firms.

(True/False)
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____ occurs through rapid reallocation of resources to new or changing needs.

(Multiple Choice)
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Trend analysis includes all of the following steps except:

(Multiple Choice)
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Staffing tables provide data on external labor supply sources.

(True/False)
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Layoff decisions:

(Multiple Choice)
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The vision statement clarifies the long-term direction of the company and its strategic intent.

(True/False)
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In unionized firms,layoffs are typically based on performance.

(True/False)
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Benchmarking refers to:

(Multiple Choice)
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According to 7-S framework analysis,which of following is NOT in the "Hard S" category?

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Human Resource Planning (HRP)is the conducting of recruitment and selection methods according to a strategic plan.

(True/False)
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The process of setting procedures for making decisions about the organization's long-term goals and strategies is called:

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In the long run,firms must approach outsourcing decisions based on cost alone.

(True/False)
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Core values are the essence of a corporate culture and an expression of its personality.

(True/False)
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The core values of a company:

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The quality of fill metric attempts to measure how well new hires that fill positions are performing on the job.

(True/False)
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The vision is the basic purpose of the organization.

(True/False)
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Analysis of external opportunities and threats is the ___________component of the strategic management process.

(Multiple Choice)
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When the knowledge,skills,and abilities of a firm's human resources are not equally available to competitors,these resources are known as:

(Multiple Choice)
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