Question 1

Strategies emphasizing market share or operating costs are called "external growth" strategies.

Accepted Answer

A) True 
 B)False

Question 2

Pets R Us has recently acquired Caring for Pets and Pet Go Round.Since they all are similar in market share,Pets R Us is planning to rebrand Caring for Pets to be a pet daycare facility and Pet Go Round to be a veterinary clinic and groomer.This is an example of which strategy?

Accepted Answer

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

Question 3

A ________ workforce describes the former workers to whom a firm still owes financial obligations.

Accepted Answer

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

Question 4

Selena is leading the strategic groups through an exercise to define the company's mission and goals through a SWOT (strengths,weaknesses,opportunities,and threats)analysis.She is employing

Accepted Answer

A) strategy implementation. 
B) task design. 
C) selection and training. 
D) strategy formulation. 
E) strategy evaluation. 
A) strategy implementation. 
B) task design. 
C) selection and training. 
D) strategy formulation. 
E) strategy evaluation.

Question 5

CompX Inc.is an online retailer of electronic products,including laptops and tablets.The company is known for its unique approach to customer support,which is known for going above and beyond in satisfying customer complaints and issues.What kind of a strategy is CompX using?

Accepted Answer

A) Cost leadership 
B) Differentiation 
C) Disintermediation 
D) Penetration 
E) Cannibalization 
A) Cost leadership 
B) Differentiation 
C) Disintermediation 
D) Penetration 
E) Cannibalization

Question 6

At least annually companies evaluate employees based on their activities and outcomes aligned with the organization's objectives.This then leads to discussions of future individual goals and professional development opportunities.This practice demonstrates that a company has a practice of

Accepted Answer

A) divestment. 
B) differentiation. 
C) performance management. 
D) job enlargement. 
E) realistic job preview. 
A) divestment. 
B) differentiation. 
C) performance management. 
D) job enlargement. 
E) realistic job preview.

Question 7

List and define the four levels of integration between the human resource management function and the strategic management function.

Accepted Answer

The four levels of integration between t

Question 8

Which of the following statements is true of the SWOT analysis?

Accepted Answer

A) It can be used to identify an organization's internal strengths and weaknesses,but not the external threats posed by competitors. 
B) It can be used to identify an organization's external strengths and weaknesses,but not its internal strengths and weaknesses. 
C) It gives the strategic planning team of an organization all the information it needs to generate a number of strategic alternatives. 
D) It fails to recognize the opportunities and threats in the external environment that are people-related. 
E) An analysis of a company's internal strengths and weaknesses using the SWOT analysis eliminates the need for input from the HRM function. 
A) It can be used to identify an organization's internal strengths and weaknesses,but not the external threats posed by competitors. 
B) It can be used to identify an organization's external strengths and weaknesses,but not its internal strengths and weaknesses. 
C) It gives the strategic planning team of an organization all the information it needs to generate a number of strategic alternatives. 
D) It fails to recognize the opportunities and threats in the external environment that are people-related. 
E) An analysis of a company's internal strengths and weaknesses using the SWOT analysis eliminates the need for input from the HRM function.

Question 9

When an organization develops integrated manufacturing systems such as advanced manufacturing technology and just-in-time inventory control,it needs to assess the employee skills required to run these systems and train them accordingly.These assessments and training programs intended to enable an organization to achieve its goals fall under

Accepted Answer

A) strategic human resource management. 
B) the job characteristics model. 
C) diversity management. 
D) the employee stock ownership plan. 
E) participative management. 
A) strategic human resource management. 
B) the job characteristics model. 
C) diversity management. 
D) the employee stock ownership plan. 
E) participative management.

Question 10

Discuss the six important functional areas of human resource management.

Accepted Answer

The six important functional areas of hu

Question 11

An overall cost leadership strategy is achieved primarily by offering unique product features.

Accepted Answer

A) True 
 B)False

Question 12

Tokyo Electronics is facing financial difficulties mainly due to losses incurred by its gaming division.As a consequence,it has decided to shut down operations of this division.Which of the following strategies has Tokyo electronics adopted?

Accepted Answer

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

Question 13

Companies engaged in a cost strategy require employees to have reduced concern for quantity and a short-term focus.

Accepted Answer

A) True 
 B)False

Question 14

Companies using concentration strategies attempt to focus on what they do best within their established markets.

Accepted Answer

A) True 
 B)False

Question 15

Saturn Inc.is a large manufacturer of footwear and accessories.It has always lagged behind its closest competitor,Hexagon Inc.It plans to overtake Hexagon by leveraging its strength in women's footwear and entering markets in the Midwest that it had traditionally ignored.Saturn Inc.is in the ________ phase.

Accepted Answer

A) strategy implementation 
B) strategy formulation 
C) administrative linking 
D) selecting and training 
E) task designing 
A) strategy implementation 
B) strategy formulation 
C) administrative linking 
D) selecting and training 
E) task designing

Question 16

Evaluate a company's strategic management process to ensure that the human resource management function is integrally involved.What steps should be taken and how would you document the process?

Accepted Answer

To be maximally effective,the human reso

Question 17

With a ________ strategy,a company attempts to focus on what it does best within its established markets and can be thought of as "sticking to its knitting."

Accepted Answer

A) concentration 
B) retrenchment 
C) benchmarking 
D) divestment 
E) downsizing 
A) concentration 
B) retrenchment 
C) benchmarking 
D) divestment 
E) downsizing

Question 18

Gemco Inc.,a high-end luxury jewelry manufacturer,has training programs to ensure that its current employees always design and manufacture jewelry in keeping with its high quality standards.Which of the following directional strategies has Gemco adopted?

Accepted Answer

A) Concentration 
B) Liquidation 
C) Benchmarking 
D) Rightsizing 
E) Divestment 
A) Concentration 
B) Liquidation 
C) Benchmarking 
D) Rightsizing 
E) Divestment

Question 19

Strategies emphasizing market share or operating costs are considered ________ strategies.

Accepted Answer

A) innovation 
B) divestment 
C) downsizing 
D) concentration 
E) cannibalization 
A) innovation 
B) divestment 
C) downsizing 
D) concentration 
E) cannibalization

Question 20

The process by which a firm attempts to identify job applicants with the necessary knowledge,skills,abilities,and other characteristics that will help the firm achieve its goals is known as

Accepted Answer

A) appraisal. 
B) selection. 
C) performance management. 
D) training. 
E) differentiation. 
A) appraisal. 
B) selection. 
C) performance management. 
D) training. 
E) differentiation.

Strategies emphasizing market share or operating costs are called "external growth" strategies.

Pets R Us has recently acquired Caring for Pets and Pet Go Round.Since they all are similar in market share,Pets R Us is planning to rebrand Caring for Pets to be a pet daycare facility and Pet Go Round to be a veterinary clinic and groomer.This is an example of which strategy?

A ________ workforce describes the former workers to whom a firm still owes financial obligations.

Selena is leading the strategic groups through an exercise to define the company's mission and goals through a SWOT (strengths,weaknesses,opportunities,and threats)analysis.She is employing

CompX Inc.is an online retailer of electronic products,including laptops and tablets.The company is known for its unique approach to customer support,which is known for going above and beyond in satisfying customer complaints and issues.What kind of a strategy is CompX using?

At least annually companies evaluate employees based on their activities and outcomes aligned with the organization's objectives.This then leads to discussions of future individual goals and professional development opportunities.This practice demonstrates that a company has a practice of

List and define the four levels of integration between the human resource management function and the strategic management function.

Which of the following statements is true of the SWOT analysis?

Discuss the six important functional areas of human resource management.

An overall cost leadership strategy is achieved primarily by offering unique product features.

Tokyo Electronics is facing financial difficulties mainly due to losses incurred by its gaming division.As a consequence,it has decided to shut down operations of this division.Which of the following strategies has Tokyo electronics adopted?

Companies engaged in a cost strategy require employees to have reduced concern for quantity and a short-term focus.

Companies using concentration strategies attempt to focus on what they do best within their established markets.

Evaluate a company's strategic management process to ensure that the human resource management function is integrally involved.What steps should be taken and how would you document the process?

With a ________ strategy,a company attempts to focus on what it does best within its established markets and can be thought of as "sticking to its knitting."

Gemco Inc.,a high-end luxury jewelry manufacturer,has training programs to ensure that its current employees always design and manufacture jewelry in keeping with its high quality standards.Which of the following directional strategies has Gemco adopted?

Strategies emphasizing market share or operating costs are considered ________ strategies.

The process by which a firm attempts to identify job applicants with the necessary knowledge,skills,abilities,and other characteristics that will help the firm achieve its goals is known as

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

Strategies emphasizing market share or operating costs are called "external growth" strategies.

Pets R Us has recently acquired Caring for Pets and Pet Go Round.Since they all are similar in market share,Pets R Us is planning to rebrand Caring for Pets to be a pet daycare facility and Pet Go Round to be a veterinary clinic and groomer.This is an example of which strategy?

A ________ workforce describes the former workers to whom a firm still owes financial obligations.

Selena is leading the strategic groups through an exercise to define the company's mission and goals through a SWOT (strengths,weaknesses,opportunities,and threats)analysis.She is employing

CompX Inc.is an online retailer of electronic products,including laptops and tablets.The company is known for its unique approach to customer support,which is known for going above and beyond in satisfying customer complaints and issues.What kind of a strategy is CompX using?

At least annually companies evaluate employees based on their activities and outcomes aligned with the organization's objectives.This then leads to discussions of future individual goals and professional development opportunities.This practice demonstrates that a company has a practice of

List and define the four levels of integration between the human resource management function and the strategic management function.

Which of the following statements is true of the SWOT analysis?

Discuss the six important functional areas of human resource management.

An overall cost leadership strategy is achieved primarily by offering unique product features.

Tokyo Electronics is facing financial difficulties mainly due to losses incurred by its gaming division.As a consequence,it has decided to shut down operations of this division.Which of the following strategies has Tokyo electronics adopted?

Companies engaged in a cost strategy require employees to have reduced concern for quantity and a short-term focus.

Companies using concentration strategies attempt to focus on what they do best within their established markets.

Evaluate a company's strategic management process to ensure that the human resource management function is integrally involved.What steps should be taken and how would you document the process?

With a ________ strategy,a company attempts to focus on what it does best within its established markets and can be thought of as "sticking to its knitting."

Gemco Inc.,a high-end luxury jewelry manufacturer,has training programs to ensure that its current employees always design and manufacture jewelry in keeping with its high quality standards.Which of the following directional strategies has Gemco adopted?

Strategies emphasizing market share or operating costs are considered ________ strategies.

The process by which a firm attempts to identify job applicants with the necessary knowledge,skills,abilities,and other characteristics that will help the firm achieve its goals is known as

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