Chapter 6 - True/False - Questions
1 Human capital theory seeks to enhance the firm's resource base long-term
by linking employee skill development with retention through training and
development, career management and progression process.
2 Talent management has grown increasingly important in advanced
western economies over the last two decades due to an abundance of
skilled employees having entered the workforce and an increase in birth
rates.
3 According to the McKinsey report, organisations that are prepared to focus
on attracting and developing talent will be in a stronger position to retain
key human resources as the so-called 'war for talent' intensifies.
4 The new business reality is that machines, capital and geography are the
main competitive advantage.
5 Only Human Resource personnel within an organisation are responsible to
strengthening the talent pool.
6 In their study of the factors that employees look at when choosing place of
employment, the McKinsey group found that extrinsic factors such as
higher pay were more closely linked to satisfaction than were intrinsic
factors such as interesting and challenging work.
7 In restructuring a recruitment strategy in the new labour market, a critical
issue for organisations and managers is to be able to understand the
values and expectations of the new workforce.
8 Values and ethics are becoming an important consideration for employees
as they become increasingly discerning about who they work for. Macken
(2005:27) notes that even organisations as large as Microsoft have
expressed concern about internal bloggers and their effect on the future
workforce and clients.
9 According to the new approaches to development, only poor performers
need development.
10 Strongly differentiating the organisations human resources has been
criticised on the grounds that it has the potential to produce a star focused
culture that undermines a team culture.
11 The human resources (HR) function has the potential to assume an
increasingly critical and dynamic role in generating a sustainable
competitive advantage through people by focusing on the development of
1 Human capital theory seeks to enhance the firm's resource base long-term
by linking employee skill development with retention through training and
development, career management and progression process.
2 Talent management has grown increasingly important in advanced
western economies over the last two decades due to an abundance of
skilled employees having entered the workforce and an increase in birth
rates.
3 According to the McKinsey report, organisations that are prepared to focus
on attracting and developing talent will be in a stronger position to retain
key human resources as the so-called 'war for talent' intensifies.
4 The new business reality is that machines, capital and geography are the
main competitive advantage.
5 Only Human Resource personnel within an organisation are responsible to
strengthening the talent pool.
6 In their study of the factors that employees look at when choosing place of
employment, the McKinsey group found that extrinsic factors such as
higher pay were more closely linked to satisfaction than were intrinsic
factors such as interesting and challenging work.
7 In restructuring a recruitment strategy in the new labour market, a critical
issue for organisations and managers is to be able to understand the
values and expectations of the new workforce.
8 Values and ethics are becoming an important consideration for employees
as they become increasingly discerning about who they work for. Macken
(2005:27) notes that even organisations as large as Microsoft have
expressed concern about internal bloggers and their effect on the future
workforce and clients.
9 According to the new approaches to development, only poor performers
need development.
10 Strongly differentiating the organisations human resources has been
criticised on the grounds that it has the potential to produce a star focused
culture that undermines a team culture.
11 The human resources (HR) function has the potential to assume an
increasingly critical and dynamic role in generating a sustainable
competitive advantage through people by focusing on the development of
