Exam 3: Human Resource Management Strategy and Analysis

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A course of action that a firm can pursue to achieve its strategic aims is known as a ________.

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C

According to recent studies, high-performance work organizations recruit more job candidates, use more selection tests, and spend many more hours training employees.

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True

HR scorecards present managers with desktop graphs and charts of how a firm's HR strategies compare to those of other firms in the same industry.

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False

Which of the following refers to any factors that allow a company to differentiate its product or service from those of its competitors to increase market share?

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Which term indicates the course of action for getting from where you are to where you want to go?

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Which of the following provides a summary of a firm's intended direction and shows, in broad terms, "what we want to become"?

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Formulating and executing human resource policies and practices that produce the employee competencies and behaviors a company needs to achieve its strategic aims is known as ________.

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Which of the following activities most likely indicates that a firm is implementing a vertical integration strategy?

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The specific human resource policies and practices used to support a firm's strategic goals are known as human resource strategies.

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Strategy is a course of action.

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All of the following are commonly addressed in an HR audit EXCEPT ________.

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Benchmarking indicates the extent to which a firm's HR practices are helping to accomplish long-term strategic goals.

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________ involves setting objectives, making forecasts, reviewing alternative courses of action, evaluating options and implementing the plan.

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John is a manager is looking at HR scorecard data through a ________, which presents the manager with desktop graphs and charts, showing a computerized picture of how the company is doing on all the metrics from the HR scorecard process.

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Identify the three levels of strategic planning and describe the function of each level. What is the relationship between human resource strategy and a firm's strategic plans?

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The use of human resource metrics is essential for ________.

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Which of the following is NOT part of the basic managerial planning?

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Strategic management focuses more on translating a mission into goals than on the functions of organizing, staffing, and controlling.

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The concise measurement system used by companies to show the quantitative standards the firm uses to measure HR activities, employee behaviors resulting from the activities, and the strategically relevant organizational outcomes of those employee behaviors is called a(n)________.

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Which of the following is a simple guide used to compile relevant information about a company's environment including economic, competitive, and political trends that may affect a firm?

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