Question 1

To provide excellent customer service to those in the electrical industry through the use of high-tech solutions is an example of a

Accepted Answer

A) work structure. 
B) goal. 
C) mission. 
D) code of conduct. 
E) vision. 
A) work structure. 
B) goal. 
C) mission. 
D) code of conduct. 
E) vision.

Question 2

Marisol,an HR manager at a technology firm,is entrusted with the task of hiring a member for a new team.She has already received information about what the new role will entail as well as the tasks that the new employee will be performing.She is currently using several media to seek applicants for the role.Which of the following human resource management (HRM)practices is Marisol performing?

Accepted Answer

A) Job designing 
B) Recruitment 
C) Performance management 
D) Training 
E) Job analysis 
A) Job designing 
B) Recruitment 
C) Performance management 
D) Training 
E) Job analysis

Question 3

Jonathan retired from a large,multinational automobile company last year.He receives health care benefits as well as a pension from the company.At present,Jonathan falls under the category of a

Accepted Answer

A) contingent workforce. 
B) legacy workforce. 
C) temporary workforce. 
D) consultant workforce. 
E) contract workforce. 
A) contingent workforce. 
B) legacy workforce. 
C) temporary workforce. 
D) consultant workforce. 
E) contract workforce.

Question 4

Which of the following is a challenge of downsizing?

Accepted Answer

A) It becomes difficult to change an organization's culture after downsizing. 
B) It fails to force employees to cooperate with management. 
C) It restricts organizations from developing new and positive relationships. 
D) It is difficult to boost the morale of employees who remain after downsizing. 
E) It is not an effective strategy if an organization wants to make way for fresh ideas. 
A) It becomes difficult to change an organization's culture after downsizing. 
B) It fails to force employees to cooperate with management. 
C) It restricts organizations from developing new and positive relationships. 
D) It is difficult to boost the morale of employees who remain after downsizing. 
E) It is not an effective strategy if an organization wants to make way for fresh ideas.

Question 5

Strategy implementation includes structuring an organization and allocating resources.

Accepted Answer

A) True 
 B)False

Question 6

What are the five major components of the strategic management process that are relevant to strategy formulation?
Then use a SWOT format to identify for your company or future company its mission,strengths,weaknesses,opportunities,and threats.

Accepted Answer

The five major components of the strateg

Question 7

The ________ margin is calculated as the number of units sold times the contribution margin.

Accepted Answer

A) holding cost 
B) gross 
C) profit 
D) fixed cost 
E) overhead rate 
A) holding cost 
B) gross 
C) profit 
D) fixed cost 
E) overhead rate

Question 8

Butterflies and Blooms,a new florist in town,is attempting to maximize profits but knows the company cannot charge too much for its bouquets in this market.As the company explores locations,the florist notes rent,property taxes,and parking.These are examples of ________ costs.

Accepted Answer

A) acquisition 
B) procurement 
C) fixed 
D) variable 
E) marginal 
A) acquisition 
B) procurement 
C) fixed 
D) variable 
E) marginal

Question 9

A high level of pay relative to that of competitors can ensure that

Accepted Answer

A) the company's overall labor costs are low. 
B) employees are highly satisfied with the work. 
C) the organization is always in the growth stage. 
D) organizational productivity is satisfactory. 
E) the company attracts high-quality employees. 
A) the company's overall labor costs are low. 
B) employees are highly satisfied with the work. 
C) the organization is always in the growth stage. 
D) organizational productivity is satisfactory. 
E) the company attracts high-quality employees.

Question 10

A company employing a differentiation strategy requires employees who

Accepted Answer

A) are highly creative and cooperative. 
B) have high concern for quantity. 
C) tend to be risk averse. 
D) have a short-term focus. 
E) have less tolerance for ambiguity. 
A) are highly creative and cooperative. 
B) have high concern for quantity. 
C) tend to be risk averse. 
D) have a short-term focus. 
E) have less tolerance for ambiguity.

Question 11

In the two-way linkage level,

Accepted Answer

A) the human resource management executive has no time or opportunity to take a strategic outlook toward human resource issues. 
B) the strategic planning function and the HRM function are independent of each other. 
C) the second step involves the strategic planning team informing the human resource management function of various strategies. 
D) the last step involves human resource management executives analyzing the human resource implications of the strategies suggested in the previous steps. 
E) the human resource issues are allowed for consideration during the strategy formulation process. 
A) the human resource management executive has no time or opportunity to take a strategic outlook toward human resource issues. 
B) the strategic planning function and the HRM function are independent of each other. 
C) the second step involves the strategic planning team informing the human resource management function of various strategies. 
D) the last step involves human resource management executives analyzing the human resource implications of the strategies suggested in the previous steps. 
E) the human resource issues are allowed for consideration during the strategy formulation process.

Question 12

An organization uses ________ to measure the quantity and quality of its resources.

Accepted Answer

A) job modeling 
B) realistic job preview 
C) internal analysis 
D) value chain analysis 
E) job analysis 
A) job modeling 
B) realistic job preview 
C) internal analysis 
D) value chain analysis 
E) job analysis

Question 13

CompCo wants to bring radical change to the current skills that exist in the organization so they are going to employ concentration strategies.

Accepted Answer

A) True 
 B)False

Question 14

Which of the following statements is true for companies that employ cost strategies?

Accepted Answer

A) They focus on high-quality production rather than efficient production. 
B) They are very specific in the skills they require from their employees. 
C) They shy away from investing in training employees in the skills they need. 
D) They seek greater creativity by providing broader career paths to employees than companies that employ differentiation strategy. 
E) They encourage their employees to take greater risks. 
A) They focus on high-quality production rather than efficient production. 
B) They are very specific in the skills they require from their employees. 
C) They shy away from investing in training employees in the skills they need. 
D) They seek greater creativity by providing broader career paths to employees than companies that employ differentiation strategy. 
E) They encourage their employees to take greater risks.

Question 15

Strategies focusing on market development,product development,innovation,or joint ventures make up the ________ strategy of an organization.

Accepted Answer

A) retrenchment 
B) internal growth 
C) divestment 
D) liquidation 
E) benchmarking 
A) retrenchment 
B) internal growth 
C) divestment 
D) liquidation 
E) benchmarking

Question 16

Employees in companies with a differentiation strategy need to have only a moderate concern for quantity.

Accepted Answer

A) True 
 B)False

Question 17

Which of the following is true regarding the differentiation strategy?

Accepted Answer

A) The differentiation strategy cannot protect a company from price sensitivity. 
B) Brand images play a negligible role in differentiation strategies. 
C) Companies using the differentiation strategy have to build large-scale facilities. 
D) Companies have to control their overhead costs to use the differentiation strategy. 
E) Companies achieve above-average returns if they succeed in their differentiation strategy. 
A) The differentiation strategy cannot protect a company from price sensitivity. 
B) Brand images play a negligible role in differentiation strategies. 
C) Companies using the differentiation strategy have to build large-scale facilities. 
D) Companies have to control their overhead costs to use the differentiation strategy. 
E) Companies achieve above-average returns if they succeed in their differentiation strategy.

Question 18

Which of the following is a strategy made up of retrenchment and liquidation?

Accepted Answer

A) Divestment strategy 
B) Concentration strategy 
C) Internal growth strategy 
D) External growth strategy 
E) Diversification strategy 
A) Divestment strategy 
B) Concentration strategy 
C) Internal growth strategy 
D) External growth strategy 
E) Diversification strategy

Question 19

Compare and contrast Porter's generic strategies of cost leadership and differentiation.

Accepted Answer

Cost leadership: This strategy focuses o

Question 20

Companies going through downsizing often develop compensation programs that tie an individual's compensation to the company's success.

Accepted Answer

A) True 
 B)False

To provide excellent customer service to those in the electrical industry through the use of high-tech solutions is an example of a

Jonathan retired from a large,multinational automobile company last year.He receives health care benefits as well as a pension from the company.At present,Jonathan falls under the category of a

Which of the following is a challenge of downsizing?

Strategy implementation includes structuring an organization and allocating resources.

What are the five major components of the strategic management process that are relevant to strategy formulation? Then use a SWOT format to identify for your company or future company its mission,strengths,weaknesses,opportunities,and threats.

The ________ margin is calculated as the number of units sold times the contribution margin.

Butterflies and Blooms,a new florist in town,is attempting to maximize profits but knows the company cannot charge too much for its bouquets in this market.As the company explores locations,the florist notes rent,property taxes,and parking.These are examples of ________ costs.

A high level of pay relative to that of competitors can ensure that

A company employing a differentiation strategy requires employees who

In the two-way linkage level,

An organization uses ________ to measure the quantity and quality of its resources.

CompCo wants to bring radical change to the current skills that exist in the organization so they are going to employ concentration strategies.

Which of the following statements is true for companies that employ cost strategies?

Strategies focusing on market development,product development,innovation,or joint ventures make up the ________ strategy of an organization.

Employees in companies with a differentiation strategy need to have only a moderate concern for quantity.

Which of the following is true regarding the differentiation strategy?

Which of the following is a strategy made up of retrenchment and liquidation?

Compare and contrast Porter's generic strategies of cost leadership and differentiation.

Companies going through downsizing often develop compensation programs that tie an individual's compensation to the company's success.

Human Resource Management: Gaining a Competitive Advantage

The Legal Environment: Equal Employment Opportunity and Safety

The Analysis and Design of Work

Human Resource Planning and Recruitment

Selection and Placement

Training

Performance Management

Employee Development

Employee Separation and Retention

Pay Structure Decisions

Recognizing Employee Contributions With Pay

Employee Benefits

Collective Bargaining and Labor Relations

Managing Human Resources Globally

Strategically Managing the Hrm Function

Filters

Exam 2: Strategic Human Resource Management

To provide excellent customer service to those in the electrical industry through the use of high-tech solutions is an example of a

Jonathan retired from a large,multinational automobile company last year.He receives health care benefits as well as a pension from the company.At present,Jonathan falls under the category of a

Which of the following is a challenge of downsizing?

Strategy implementation includes structuring an organization and allocating resources.

What are the five major components of the strategic management process that are relevant to strategy formulation? Then use a SWOT format to identify for your company or future company its mission,strengths,weaknesses,opportunities,and threats.

The ________ margin is calculated as the number of units sold times the contribution margin.

Butterflies and Blooms,a new florist in town,is attempting to maximize profits but knows the company cannot charge too much for its bouquets in this market.As the company explores locations,the florist notes rent,property taxes,and parking.These are examples of ________ costs.

A high level of pay relative to that of competitors can ensure that

A company employing a differentiation strategy requires employees who

In the two-way linkage level,

An organization uses ________ to measure the quantity and quality of its resources.

CompCo wants to bring radical change to the current skills that exist in the organization so they are going to employ concentration strategies.

Which of the following statements is true for companies that employ cost strategies?

Strategies focusing on market development,product development,innovation,or joint ventures make up the ________ strategy of an organization.

Employees in companies with a differentiation strategy need to have only a moderate concern for quantity.

Which of the following is true regarding the differentiation strategy?

Which of the following is a strategy made up of retrenchment and liquidation?

Compare and contrast Porter's generic strategies of cost leadership and differentiation.

Companies going through downsizing often develop compensation programs that tie an individual's compensation to the company's success.

Human Resource Management: Gaining a Competitive Advantage

The Legal Environment: Equal Employment Opportunity and Safety

The Analysis and Design of Work

Human Resource Planning and Recruitment

Selection and Placement

Training

Performance Management

Employee Development

Employee Separation and Retention

Pay Structure Decisions

Recognizing Employee Contributions With Pay

Employee Benefits

Collective Bargaining and Labor Relations

Managing Human Resources Globally

Strategically Managing the Hrm Function

Filters