Exam 2: Strategic Training

Companies pursuing an external growth strategy typically focus on human capital issues to enhance efficiency.

Tacit knowledge developed through experience and shared through interactions between employees is easy to imitate.

A(n) _____ strategy focuses on new market and product development, innovation, and joint ventures.

The _____ considers four different perspectives: customer, internal, innovation and learning, and financial.

Explain the business-embedded learning function.

_____ relates to managers' and employees' ability to obtain and distribute valuable resources such as data, information, or money.

_____ involves examining a company's operating environment to identify opportunities and threats.

From a strategic perspective, "diversify the learning portfolio" refers to providing strategic diversity training to enhance a company's competitive advantage.

Define balanced scorecard. What are the four perspectives it considers? Provide examples of metrics used to measure them.

Describe five strategies for marketing training to internal customers

Companies that adopt state-of-the-art HRM practices realize higher levels of performance than firms that do not.

The final step of the strategic training and development process involves _____.

The first step in the strategic training and development process is to identify metrics to determine if training will be successful.

Explicit knowledge is thought to have a stronger impact on helping organizations achieve a competitive advantage than tactic knowledge.

Development of an organizational culture that values creative thinking and analysis is characteristic of a company adopting a(n) _____ strategy.

Which of the following positions is characterized by high value and low uniqueness?