Exam 2: Strategy and Human Resources Planning

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Increased emphasis on HR issues becomes especially critical when organizations consider global strategies,relocation of plants,product innovation plans,and so forth.

(True/False)
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Smith Frozen Foods performs a yearly employee survey to assess how its employees feel about safety on the job,the comfort of the working conditions,and their general level of satisfaction with their work,managers,and coworkers.What is Smith Frozen Foods most likely performing?

(Multiple Choice)
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Succession planning is the process of identifying,developing,and tracking key individuals so that they may eventually assume top-level positions.

(True/False)
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Eldorado Electronics wants to move from the stagnant calculator industry into the smart phone industry.To do so,however,it would have to make significant changes to its approach to product development in order to gain an edge in this competitive industry.What is the smartest next step for Eldorado Electronics?

(Multiple Choice)
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Strategic plans have a strong external orientation that covers major portions of the organization,focusing mainly on how the organization will position itself globally.

(True/False)
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During its strategic retreat,the top management team at IAMME Gold Corporation pondered on the question "What's the organization reason for being?" What was the team most likely focusing on?

(Multiple Choice)
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SWOT analysis includes the strengths only for strategy formulation purposes.

(True/False)
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Internal fit (or alignment)means that HR practices are aligned with one another in a mutually reinforcing configuration.

(True/False)
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Which of the following is an important use of the balanced scorecard?

(Multiple Choice)
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Severance pay is usually calculated based on which of the following?

(Multiple Choice)
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Which of the following is the process of identifying,developing,and tracking key individuals so that they may eventually assume top-level positions?

(Multiple Choice)
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An organization states that teamwork and working together are important in its strategy but gives bonuses to individuals who excel independently.What is this an example of?

(Multiple Choice)
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What do we consider the firm's resources to be when they improve the efficiency or effectiveness of the company?

(Multiple Choice)
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Organization Z is planning its future.In the process,the firm is making decisions such as what type of market it wants to be the leader in and what path to take to achieve this goal.What is Organization Z doing?

(Multiple Choice)
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External supply of labour is central to strategic planning.

(True/False)
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Which of the following deliberations on the competitive environment generally involves an active role by HR managers?

(Multiple Choice)
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