Exam 3: Human Resource Management Strategy and Analysis

What is a company's plan for how it will match its internal strengths and weaknesses with external opportunities and threats to maintain a competitive advantage?

High-performance companies are less likely than low-performance companies to invest in costly employee training programs.

The 2008 announcement by Starbucks that it would be closing approximately 600 of its stores suggests the firm was using a ________ strategy.

What is an applicant tracking system? How can such systems improve a firm's talent management efforts?

In order to generate the desired workforce skill,competencies,and behaviors that a firm needs to achieve its strategic goals,human resource management must first develop ________.

How can HR managers benefit from the use of workforce analytics software and data mining?

All of the following are roles that departmental managers would most likely have in the strategic planning process EXCEPT ________.

________ is a strategic planning tool that shows the "big picture" of how each department performance contributes to achieve the company's overall strategic goal.

High-performance work organizations are most likely characterized by all of the following EXCEPT ________.

Which term indicates the course of action for getting from where you are to where you want to go?

Which of the following is a strategic planning tool that offers an overview of how each department's performance contributes to achieving the company's overall strategic goals?

Although applicant tracking systems typically increase overall recruiting costs,the benefits of hiring high-performing employees are worth the investment for most firms.

Which of the following refers to an analysis by which an organization measures where it currently stands and determines what it has to accomplish to improve its HR functions?

Which of the following is a simple guide used to compile relevant information about economic,competitive,and political trends that may affect a firm?

A vertical integration strategy means that a firm will expand by adding new product lines.

A course of action that a firm can pursue to achieve its strategic aims is known as a ________.

Which of the following is NOT part of the basic managerial planning?

The primary purpose of implementing high-performance practices such as recruiting,screening,and training is to ________.

Explain the difference between a firm's vision and its mission.What role does a firm's vision statement play in corporate and competitive strategies?

According to the text,teams of empowered,engaged,and dedicated workers at GE serve as a(n)________.