Exam 2: Business and Staffing Strategies

To hire technical skills a company expects to need in six months,it would engage in ________.

Bella Vista Inc.needs to hire a new marketing manager after the former manager retired.The company recruited James Anderson,who was employed in Webster & Co.,and offered him the job of manager.This is an example of ________.

Skylark Corporations produces apparel for women.The firm experienced a boom in the introduction phase of its life cycle due to the high-quality talent of its middle and top-level executives.Which of the following would help Skylark retain its competitive advantage in the present economic downturn?

A company that lets each of its business units staff in whatever way they choose and house their own staffing function,is an example of ________.

Hiring people who are entrepreneurial,creative,and have a high tolerance for ambiguity would support a ________ competitive advantage.

Describe the resource-based view of the firm and how staffing can contribute to a company's sustainable competitive advantage.

A staffing function is centralized when an organization that has multiple business units has one staffing unit that is responsible for meeting at least some of the needs of all of the company's business units.

Hiring people who are learning-oriented,and who have good networking skills would support a ________ competitive advantage.

Which of the following is true about external hiring?

According to the resource-based view of the firm,in order to create value,staffing practices must ________.

Explain when an organization would use talent-oriented rather than job-oriented staffing.

For organizations relying on new product innovation and for which the commitment and efforts of employees are key drivers of organizational performance,which of the following talent philosophies would be most appropriate?

Valuing the ideas and contributions of people with diverse ideas and perspectives is a possible component of a company's talent philosophy.

Proactive staffing is done in response to situations or issues.

Independent bookstore Signature Books has been struggling to survive as sales declined sharply in the past year.Its main competitors are the large chain stores that have a much wider range of books and can afford to sell books at a discount,but online retailers are also eating into Signature's market.Signature Books opts for a specialization strategy,focusing on foreign-language books and learning materials.Which of the following,if true,will support Signature's decision?

An internal talent focus requires a firm to invest in employee training and development.

Which of the following,if true,would uphold a company's sustainable competitive advantage in front of rival firms?

Innovative organizations that rely on new product development and organizational flexibility require employees with a narrower range of aptitudes and abilities,while organizations in narrow,relatively stable markets rely on a low-cost strategy.

Describe the organizational and product life-cycle and explain how it can influence a firm's choice of strategy.

Viewing employees as an asset to be managed generally leads to a low-cost approach to staffing.