Exam 3: The Manager's Role in Strategic Human Resource Management

The sales director at WebMD is calculating annual sales revenue targets and the number of new medical-related content providers that the firm needs to maintain a competitive advantage.In which step of the strategic management process is the sales director involved?

The primary tool used by managers who are performing external and internal audits as part of the strategic management process is the ________.

All of the following are services that human resource consulting companies provide during mergers and acquisitions EXCEPT ________.

Companies with empowered,highly trained,flexible workforces have a competitive advantage.

Offshoring is limited to lower skilled manufacturing jobs within the garment industry.

As with many failed mergers and acquisitions,the Bank of America acquisition of Merrill Lynch was unsuccessful because of problems with ________.

A company's ________ strategy identifies how to build and strengthen the business's long-term competitive position in the marketplace.

Sweet Leaf Tea,a Texas-based maker of bottled iced tea,is a small but fast-growing firm that has gained a loyal following for its use of fresh,organic ingredients in its beverages.Although beverage industry experts recommended that Sweet Leaf replace the organic cane sugar and honey it uses with less costly high-fructose corn syrup,Sweet Leaf refused because of the company's mission to provide a high-quality,organic beverage to consumers.The 11-year old company has 50 employees,and its products are available in 30% of the U.S.market.Sweet Leaf Tea recently received multi-million dollar investments which will enable the business to expand its national presence. -Which of the following,if true,would most likely undermine the argument that Sweet Leaf Tea should Implement a corporate-level strategy of vertical integration?

Harley-Davidson sells a line of boots,helmets,and leather jackets indicating that the the firm is pursuing which of the following strategies?

What role has offshoring played as a competitive strategy? What role does strategic human resource management play in offshoring?

Consolidation keeps the company's strategy up to date by assessing progress toward strategic goals and taking corrective action as needed.

All of the following are commonly used HR metrics EXCEPT ________.

There are seven steps in the strategic management process.

Strategic human resource management means formulating and executing HR systems that produce the employee competencies and behaviors a firm needs to achieve its strategic aims.

Sweet Leaf Tea,a Texas-based maker of bottled iced tea,is a small but fast-growing firm that has gained a loyal following for its use of fresh,organic ingredients in its beverages.Although beverage industry experts recommended that Sweet Leaf replace the organic cane sugar and honey it uses with less costly high-fructose corn syrup,Sweet Leaf refused because of the company's mission to provide a high-quality,organic beverage to consumers.The 11-year old company has 50 employees,and its products are available in 30% of the U.S.market.Sweet Leaf Tea recently received multi-million dollar investments which will enable the business to expand its national presence. -Which of the following,if true,would best support the argument that Sweet Leaf Tea should implement a corporate-level strategy of market penetration?

A ________ presents a manager with desktop graphs and charts that illustrate where the company stands on metrics from the HR scorecard process.

Effective goals set by managers are specific,measurable,attainable,relevant,and tentative.

Human resource practices,such as hiring based on selection tests,pay raises based on work performance,and training provided to new and experienced employees,contribute to a company's ability to achieve high-performance levels.

The pro forma profit and loss statement on a firm's financial plan shows the revenue,cost,and profit/loss implications of a firm's marketing,production,and personnel plans.

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.