Question 1

A graphical representation of all organizational jobs along with the numbers of employees currently occupying those jobs and future employment requirements is called:

Accepted Answer

A)  a staffing table.
B)  an organization chart.
C)  a skills inventory.
D)  career planning.E) A) and B)
F) B) and D)

Question 2

In order to do an effective job at strategic planning managers do all of the following EXCEPT:

Accepted Answer

A)  making forecasts of labor demand.
B)  neglecting supply considerations.
C)  performing supply analyses.
D)  balancing supply and demand considerations.E) A) and B)
F) None of the above

Question 3

Trend analysis is a qualitative approach to labor demand forecasting.

Accepted Answer

A) True 
 B)False

Question 4

The mission of a company:

Accepted Answer

A)  is used for the systematic monitoring of its external opportunities.
B)  is the basic purpose of the company.
C)  is the strong enduring belief used by the company to make decisions.
D)  provides a perspective on where the company is headed.E) A) and B)
F) A) and C)

Question 5

A disadvantage of overemphasizing seniority is that less competent employees receive the same rewards and security as more competent employees.

Accepted Answer

A) True 
 B)False

Question 6

A vision statement clarifies the long-term direction of a company and its strategic intent.

Accepted Answer

A) True 
 B)False

Question 7

The process of identifying,developing,and tracking talented individuals so that they may eventually assume top-level positions is:

Accepted Answer

A)  target forecasting.
B)  predicted change.
C)  succession planning.
D)  replacement selection.E) A) and B)
F) All of the above

Question 8

Customers,suppliers,and substitutes are part of a _____ environment.

Accepted Answer

A)  political
B)  technological
C)  demographic
D)  competitiveE) A) and C)
F) A) and B)

Question 9

Measures of turnover costs do NOT include:

Accepted Answer

A)  separation costs.
B)  employee turnover costs.
C)  replacement costs.
D)  training program costs.E) A) and D)
F) B) and D)

Question 10

Forecasting is frequently more of an art than a science,providing inexact approximations rather than absolute results.

Accepted Answer

A) True 
 B)False

Question 11

Organizational structure is the framework in which the activities of organization members are coordinated.

Accepted Answer

A) True 
 B)False

Question 12

Describe the three key elements of the HR forecasting model.

Accepted Answer

The three key elements in the HR forecas...

Question 13

In the 7-S framework analysis,the "Hard S" category includes systems and processes which:

Accepted Answer

A)  lay out the route that the organization will take in the future to increase absenteeism.
B)  only includes the framework in which activities of employees are coordinated.
C)  include formal and informal procedures that govern the every day activities of a firm.
D)  act as guiding parameters for strategic planning in order to increase employee turnover rate.E) All of the above
F) B) and C)

Question 14

Layoff decisions are usually based on:

Accepted Answer

A)  union membership.
B)  department ranking.
C)  seniority.
D)  favoritism.E) C) and D)
F) B) and D)

Question 15

The systematic,regular monitoring of major external forces influencing an organization is called:

Accepted Answer

A)  demand forecasting.
B)  environmental scanning.
C)  exception reporting.
D)  influence analysis.E) C) and D)
F) A) and B)

Question 16

A _____ analysis is intended to help executives summarize the major facts and forecasts derived from external and internal analyses.

Accepted Answer

A)  gap
B)  Markov
C)  SWOT
D)  trendE) All of the above
F) None of the above

Question 17

Core values are the essence of corporate cultures and an expression of their personality.

Accepted Answer

A) True 
 B)False

Question 18

Integrated knowledge sets within an organization that distinguish it from its competitors and deliver value to customers are known as:

Accepted Answer

A)  individual competencies.
B)  core capabilities.
C)  human capital.
D)  organizational competencies.E) All of the above
F) A) and D)

Question 19

While unemployment rates vary by sector,the lack of talent in low-skill jobs continues to create a real challenge for firms.

Accepted Answer

A) True 
 B)False

Question 20

The first step in strategic planning involves:

Accepted Answer

A)  analyzing the competition.
B)  interviewing potential employees.
C)  reviewing failed plans from the past in order to improve employee turnover rate.
D)  establishing a mission, vision, and values for an organization.E) B) and C)
F) A) and B)

Exam 2: Strategy and Human Resources Planning

Integrated knowledge sets within an organization that distinguish it from its competitors and deliver value to customers are known as:

Correct AnswerverifiedShow Answer

A graphical representation of all organizational jobs along with the numbers of employees currently occupying those jobs and future employment requirements is called:

Correct AnswerverifiedShow Answer

Trend analysis is a qualitative approach to labor demand forecasting.

Correct AnswerverifiedShow Answer

Forecasting is frequently more of an art than a science,providing inexact approximations rather than absolute results.

Correct AnswerverifiedShow Answer

In order to do an effective job at strategic planning managers do all of the following EXCEPT:

Correct AnswerverifiedShow Answer

A _____ analysis is intended to help executives summarize the major facts and forecasts derived from external and internal analyses.

Correct AnswerverifiedShow Answer

The first step in strategic planning involves:

Correct AnswerverifiedShow Answer

A disadvantage of overemphasizing seniority is that less competent employees receive the same rewards and security as more competent employees.

Correct AnswerverifiedShow Answer

Layoff decisions are usually based on:

Correct AnswerverifiedShow Answer

While unemployment rates vary by sector,the lack of talent in low-skill jobs continues to create a real challenge for firms.

Correct AnswerverifiedShow Answer

The process of identifying,developing,and tracking talented individuals so that they may eventually assume top-level positions is:

Correct AnswerverifiedShow Answer

Organizational structure is the framework in which the activities of organization members are coordinated.

Correct AnswerverifiedShow Answer

A vision statement clarifies the long-term direction of a company and its strategic intent.

Correct AnswerverifiedShow Answer

Core values are the essence of corporate cultures and an expression of their personality.

Correct AnswerverifiedShow Answer

Customers,suppliers,and substitutes are part of a _____ environment.

Correct AnswerverifiedShow Answer

The mission of a company:

Correct AnswerverifiedShow Answer

Measures of turnover costs do NOT include:

Correct AnswerverifiedShow Answer

In the 7-S framework analysis,the "Hard S" category includes systems and processes which:

Correct AnswerverifiedShow Answer

Describe the three key elements of the HR forecasting model.

Correct AnswerverifiedThe three key elements in the HR forecas...View AnswerShow Answer

The systematic,regular monitoring of major external forces influencing an organization is called:

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
The three key elements in the HR forecas...
View Answer

Correct Answer
verified