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Exam 2: Strategic Human Resource Management

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Question 51

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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?

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To be maximally effective,the human reso...

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Question 52

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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."

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

F) A) and E)
G) B) and C)

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Question 53

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

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

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

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?

Discuss the six important functional areas of human resource management.

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

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.

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

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

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

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

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

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?

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?

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

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

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

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?