Question 1

Benchmarking indicates the extent to which a firm's HR practices are helping to accomplish long-term strategic goals.

Accepted Answer

A) True 
 B)False

Question 2

An HR manager conducting an HR audit on compensation would most likely search for ________.

Accepted Answer

A)  current job descriptions 
B)  workforce health and safety training 
C)  completed benefit enrollment forms 
D)  compliance with state and federal laws 
A)  current job descriptions 
B)  workforce health and safety training 
C)  completed benefit enrollment forms 
D)  compliance with state and federal laws

Question 3

According to the U.S.Department of Labor,high-performance work organizations include multi-skilled work teams,empowered front-line workers,and extensive training.

Accepted Answer

A) True 
 B)False

Question 4

Which of the following refers to any factors that allow a company to differentiate its product or service from those of its competitors to increase market share?

Accepted Answer

A)  functional strategy 
B)  competitive advantage 
C)  distinctive competence 
D)  related diversification 
A)  functional strategy 
B)  competitive advantage 
C)  distinctive competence 
D)  related diversification

Question 5

Cost leadership,differentiation,and focus strategies are types of corporate-level strategies.

Accepted Answer

A) True 
 B)False

Question 6

Which of the following is used to manage employee performance and to align all employees with the key objectives a firm needs to achieve its strategic goals?

Accepted Answer

A)  functional planning system 
B)  HR Scorecard 
C)  annual HR benchmarks 
D)  high-performance work system 
A)  functional planning system 
B)  HR Scorecard 
C)  annual HR benchmarks 
D)  high-performance work system

Question 7

McDonald's addressed its lagging profitability by first closing stores operating below its guidelines.McDonald's used a consolidation strategy.

Accepted Answer

A) True 
 B)False

Question 8

Human resource strategies are the ________ used to support a firm's strategic goals.

Accepted Answer

A)  visions and objectives 
B)  policies and practices 
C)  missions and goals 
D)  theories and tools 
A)  visions and objectives 
B)  policies and practices 
C)  missions and goals 
D)  theories and tools

Question 9

All of the following practices are most likely implemented by companies with high-performance work systems EXCEPT ________.

Accepted Answer

A)  hiring employees based on validated selection tests 
B)  providing pay increases based on service years 
C)  filling positions with internal candidates 
D)  utilizing self-managing work teams 
A)  hiring employees based on validated selection tests 
B)  providing pay increases based on service years 
C)  filling positions with internal candidates 
D)  utilizing self-managing work teams

Question 10

A vision statement is broader and more future-oriented than a mission statement.

Accepted Answer

A) True 
 B)False

Question 11

A diversification corporate strategy implies that a firm will ________.

Accepted Answer

A)  expand by adding new product lines 
B)  reduce the company's size to increase market share 
C)  save money by producing its own raw materials 
D)  increase profits by offering one popular product 
A)  expand by adding new product lines 
B)  reduce the company's size to increase market share 
C)  save money by producing its own raw materials 
D)  increase profits by offering one popular product

Question 12

In a brief essay,describe the three types of competitive strategies that firms use to achieve competitive advantage.Support your answer with examples of organizations that currently use each of the strategies.

Accepted Answer

The three forms of competitive strategie

Question 13

Managers engage in three levels of strategic planning.

Accepted Answer

A) True 
 B)False

Question 14

What is a high-performance work system? What role does strategic human resource management play in high-performance work systems?

Accepted Answer

A high-performance work system is a set

Question 15

Which of the following terms refers to the quantitative measure of a human resource management yardstick such as employee turnover or qualified applicants per position?

Accepted Answer

A)  human resource audits 
B)  human resource metrics 
C)  management by objectives 
D)  human resource scorecards 
A)  human resource audits 
B)  human resource metrics 
C)  management by objectives 
D)  human resource scorecards

Question 16

Human resource audits and benchmarking are two critical tools used by managers who implement an evidence-based approach to human resource management.

Accepted Answer

A) True 
 B)False

Question 17

During a merger or an acquisition,due diligence reviews performed by human resource teams are most likely to assess all of the following EXCEPT ________.

Accepted Answer

A)  accounting procedures 
B)  employee litigation 
C)  employee benefits 
D)  labor relations 
A)  accounting procedures 
B)  employee litigation 
C)  employee benefits 
D)  labor relations

Question 18

Which of the following most likely serves as the basis for the HR strategies developed by the majority of firms?

Accepted Answer

A)  mission statements 
B)  supervisory objectives 
C)  competitive advantages 
D)  workforce requirements 
A)  mission statements 
B)  supervisory objectives 
C)  competitive advantages 
D)  workforce requirements

Question 19

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

Accepted Answer

A) True 
 B)False

Question 20

Executives at Hartford Clothing,a retail department store chain,want to find out what products their customers buy,when they purchase products,and what days of the week are most popular for shopping.Executives want to discover customer patterns and make predictions about their customers' buying habits.What would be the most effective tool for Hartford?

Accepted Answer

A)  data mining system 
B)  talent value model 
C)  financial audit 
D)  strategy map 
A)  data mining system 
B)  talent value model 
C)  financial audit 
D)  strategy map

Benchmarking indicates the extent to which a firm's HR practices are helping to accomplish long-term strategic goals.

An HR manager conducting an HR audit on compensation would most likely search for ________.

According to the U.S.Department of Labor,high-performance work organizations include multi-skilled work teams,empowered front-line workers,and extensive training.

Which of the following refers to any factors that allow a company to differentiate its product or service from those of its competitors to increase market share?

Cost leadership,differentiation,and focus strategies are types of corporate-level strategies.

Which of the following is used to manage employee performance and to align all employees with the key objectives a firm needs to achieve its strategic goals?

McDonald's addressed its lagging profitability by first closing stores operating below its guidelines.McDonald's used a consolidation strategy.

Human resource strategies are the ________ used to support a firm's strategic goals.

All of the following practices are most likely implemented by companies with high-performance work systems EXCEPT ________.

A vision statement is broader and more future-oriented than a mission statement.

A diversification corporate strategy implies that a firm will ________.

In a brief essay,describe the three types of competitive strategies that firms use to achieve competitive advantage.Support your answer with examples of organizations that currently use each of the strategies.

Managers engage in three levels of strategic planning.

What is a high-performance work system? What role does strategic human resource management play in high-performance work systems?

Which of the following terms refers to the quantitative measure of a human resource management yardstick such as employee turnover or qualified applicants per position?

Human resource audits and benchmarking are two critical tools used by managers who implement an evidence-based approach to human resource management.

During a merger or an acquisition,due diligence reviews performed by human resource teams are most likely to assess all of the following EXCEPT ________.

Which of the following most likely serves as the basis for the HR strategies developed by the majority of firms?

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

Introduction to Human Resource Management

Equal Opportunity and the Law

Job Analysis and the Talent Management Process

Personnel Planning and Recruiting

Employee Testing and Selection

Interviewing Candidates

Training and Developing Employees

Performance Management and Appraisal

Employee Retention, Engagement, and Careers

Establishing Strategic Pay Plans

Pay for Performance and Financial Incentives

Benefits and Services

Ethics and Employee Rights and Discipline

Labor Relations and Collective Bargaining

Employee Safety and Health

Managing Global Human Resources

Managing Human Resources in Entrepreneurial Firms

Filters

Exam 3: Human Resource Management Strategy and Analysis

Benchmarking indicates the extent to which a firm's HR practices are helping to accomplish long-term strategic goals.

An HR manager conducting an HR audit on compensation would most likely search for ________.

According to the U.S.Department of Labor,high-performance work organizations include multi-skilled work teams,empowered front-line workers,and extensive training.

Which of the following refers to any factors that allow a company to differentiate its product or service from those of its competitors to increase market share?

Cost leadership,differentiation,and focus strategies are types of corporate-level strategies.

Which of the following is used to manage employee performance and to align all employees with the key objectives a firm needs to achieve its strategic goals?

McDonald's addressed its lagging profitability by first closing stores operating below its guidelines.McDonald's used a consolidation strategy.

Human resource strategies are the ________ used to support a firm's strategic goals.

All of the following practices are most likely implemented by companies with high-performance work systems EXCEPT ________.

A vision statement is broader and more future-oriented than a mission statement.

A diversification corporate strategy implies that a firm will ________.

In a brief essay,describe the three types of competitive strategies that firms use to achieve competitive advantage.Support your answer with examples of organizations that currently use each of the strategies.

Managers engage in three levels of strategic planning.

What is a high-performance work system? What role does strategic human resource management play in high-performance work systems?

Which of the following terms refers to the quantitative measure of a human resource management yardstick such as employee turnover or qualified applicants per position?

Human resource audits and benchmarking are two critical tools used by managers who implement an evidence-based approach to human resource management.

During a merger or an acquisition,due diligence reviews performed by human resource teams are most likely to assess all of the following EXCEPT ________.

Which of the following most likely serves as the basis for the HR strategies developed by the majority of firms?

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

Introduction to Human Resource Management

Equal Opportunity and the Law

Job Analysis and the Talent Management Process

Personnel Planning and Recruiting

Employee Testing and Selection

Interviewing Candidates

Training and Developing Employees

Performance Management and Appraisal

Employee Retention, Engagement, and Careers

Establishing Strategic Pay Plans

Pay for Performance and Financial Incentives

Benefits and Services

Ethics and Employee Rights and Discipline

Labor Relations and Collective Bargaining

Employee Safety and Health

Managing Global Human Resources

Managing Human Resources in Entrepreneurial Firms

Filters