Exam 2: Strategy and Human Resources Planning

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Through human resources planning,organizations strive for a proper balance between demand considerations and supply considerations.

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What is the most important information obtained from a Markov analysis?

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What do we call reducing the workforce through the departure of employees who resign or retire?

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Internal analysis provides strategic decision makers with an inventory of organizational skills and resources.

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

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Which of the following is a cooperative strategy pursued by firms?

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Kramer Athletic Equipment is planning the future of the organization.In this process,the firm is making decisions such as whether to maintain its current path as industry leader in the running shoe business,or branch out to include casual footwear.In addition,the company is also discussing the various needs it will have for new staff if it does choose to go in a new direction.What is Kramer Athletic Equipment doing?

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A cultural audit asks questions such as "How do employees spend their time?"

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Which of the following is NOT generally considered a component of a firm's competitive environment?

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HR planning is the process of setting major organizational objectives and developing comprehensive plans to achieve those objectives.

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The Delphi technique works best in organizations where dynamic technological changes affect staffing levels.

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Which of the following best describes the core values of a company?

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Organizations such as Canadian Tire and CIBC conduct cultural audits to examine the attitudes and activities of the external workforce.

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Which of the following is a method for measuring a firm's strategic alignment?

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Trend analysis relies on a single business factor.

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In unionized firms,layoffs are typically based on performance.

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In what way can HR best help ensure that a strategic alliance or joint venture goes smoothly in the beginning?

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Nearly one-fifth of the workforce is made up of part-time,temporary,and self-employed workers.

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Markov analysis focuses on the number of employees in particular jobs and their skill levels,compensation,and job tenure.

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Decisions about employee layoffs are usually based on seniority and/or performance.

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