STRATEGIC HUMAN RESOURCE
MANAGEMENT ASSESSMENT | UPDATED
2025-2026 | 100%VERIFIED
a story of how the firm will create value for customers and more important, how it will do profitably. -
answer ✔✔-business model
generally considered the costs that are incurred regardless of the number of units produces. - answer
✔✔-fixed costs
the costs that vary directly with the units produced. - answer ✔✔-variable costs
margins are the difference between what you charge for your product and the variable costs of that
product. - answer ✔✔-"contribution margins"
the total amount of margin you made and is calculated as the number of units sold times the
contribution margin. - answer ✔✔-gross margin
describes the former workers (i.e. those no longer working for the company) to whom have negotiated
contracts over the years that provide substantial retirement benefits for former GM workers - answer
✔✔-legacy workforce
"skillful employment and coordination of tactics
and "artful planning and management" - answer ✔✔-strategy
a process/approach to addressing the competitive challenges an organization faces. it can be thought of
as managing the "pattern or plan that integrates an organizations major goals, policies, and action
sequences into a cohesive whole." - answer ✔✔-strategic management
, "cost, differentation, or focus, defender, analyzer, prospector, or reactor." - answer ✔✔-generic
strategies that often fit into some strategic type
the process of developing strategies for achieving the company's goals in light of its current
environment - answer ✔✔-second aspect of strategic management
1. how to scare off competitiors
2. how to keep competitors weaker
3. how to react to and influence pending legislation
4. how to deal with various stakeholders, and special interest groups
5. how to lower production costs
6. how to raise revenues
7. what technology to implement
8. how many and what types of people to employ - answer ✔✔-choices business organizations must
make
a process for analyzing a company's competitive situation, developing the company's strategic goals, and
devising a plan of action and allocation of resources (human, organizational, and physical) that will
increase the likelihood of achieving those goals. - answer ✔✔-strategic management processes
a pattern of planned human resource deployments and activities intended to enable an organization
achieve its goals. - answer ✔✔-strategic human resources management
the process of deciding on a strategic direction by defining a company's mission and goals, its external
opportunities and threats, and its internal strengths and weaknesses - answer ✔✔-strategy formulation
the process of devising structures and allocating resources to enact the strategy a company has chosen.
- answer ✔✔-strategy implementation
MANAGEMENT ASSESSMENT | UPDATED
2025-2026 | 100%VERIFIED
a story of how the firm will create value for customers and more important, how it will do profitably. -
answer ✔✔-business model
generally considered the costs that are incurred regardless of the number of units produces. - answer
✔✔-fixed costs
the costs that vary directly with the units produced. - answer ✔✔-variable costs
margins are the difference between what you charge for your product and the variable costs of that
product. - answer ✔✔-"contribution margins"
the total amount of margin you made and is calculated as the number of units sold times the
contribution margin. - answer ✔✔-gross margin
describes the former workers (i.e. those no longer working for the company) to whom have negotiated
contracts over the years that provide substantial retirement benefits for former GM workers - answer
✔✔-legacy workforce
"skillful employment and coordination of tactics
and "artful planning and management" - answer ✔✔-strategy
a process/approach to addressing the competitive challenges an organization faces. it can be thought of
as managing the "pattern or plan that integrates an organizations major goals, policies, and action
sequences into a cohesive whole." - answer ✔✔-strategic management
, "cost, differentation, or focus, defender, analyzer, prospector, or reactor." - answer ✔✔-generic
strategies that often fit into some strategic type
the process of developing strategies for achieving the company's goals in light of its current
environment - answer ✔✔-second aspect of strategic management
1. how to scare off competitiors
2. how to keep competitors weaker
3. how to react to and influence pending legislation
4. how to deal with various stakeholders, and special interest groups
5. how to lower production costs
6. how to raise revenues
7. what technology to implement
8. how many and what types of people to employ - answer ✔✔-choices business organizations must
make
a process for analyzing a company's competitive situation, developing the company's strategic goals, and
devising a plan of action and allocation of resources (human, organizational, and physical) that will
increase the likelihood of achieving those goals. - answer ✔✔-strategic management processes
a pattern of planned human resource deployments and activities intended to enable an organization
achieve its goals. - answer ✔✔-strategic human resources management
the process of deciding on a strategic direction by defining a company's mission and goals, its external
opportunities and threats, and its internal strengths and weaknesses - answer ✔✔-strategy formulation
the process of devising structures and allocating resources to enact the strategy a company has chosen.
- answer ✔✔-strategy implementation
