SHRM-CP 2023 Questions With Correct Answers

SMART goals should have which of the following characteristics? - Answer Specific, Measurable, Achievable, Relevant, Timely When performing a cost-benefit analysis of a proposed project, what is a project worker's salary an example of? - Answer A cost Which of the following is a tool from the Six Sigma approach? - Answer Value stream mapping An organizations overall attitude towards dress code, working remotely, social retreats for employees, and designated break times can be best described as which of the following? - Answer Corporate Culture Which components of a SWOT matrix examine influences that are EXTERNAL to the organization? - Answer Opportunities and threats Which components of a SWOT matrix examine influences that are INTERNAL to the organization? - Answer Strengths and weaknesses Which of the following data collection methods require the services of a skilled facilitator? - Answer Focus Groups What does it mean when a process has been validated? - Answer That process inputs are tightly-controlled and produce the same desired output each time the process takes place. What is the practice of benchmakring - Answer Comparing an organizations inactivates and outcomes against competition and/or industry standards. What is confirmation bias? - Answer The human tendency to seek, favor or influence data to match personal preferences or an established hypothesis. When working with multiple stakeholders who have varied interest, what is the best way to propose and develop a new initiative? - Answer Select an overlapping interest that could have a feasible solution. Self-awareness, social awareness, relationship management and self-management are components of which of the following? - Answer Emotional Intelligence What factors does a PESTLE analysis take into consideration? - Answer Political, economic, social, technological, legal and environmental trends that influence the project. What is the purpose of a root cause analysis? - Answer To determine the foundation-level reason as to why an overarching issue is occurring. What are two popular search tools to find peer-reviewed, evidence-based research? - Answer Google Scholar and PubMed Meeting, learning from, and socializing with colleagues within and outside of one's organization is known as which of the following practices? - Answer Networking An HR team is a developing a budget for a hiring campaign. The associated costs include marketing materials; a venue rental for a hiring fair; and the time, labor and salaries of the staff who will work at the fair. What types of costs are these? - Answer Direct Costs Each fiscal quarter within a fiscal year is an example of what? - Answer A milestone ADDIE stands for - Answer Analysis Design Development Implementation Evaluation ADR stands for - Answer Alternative Dispute Resolution ATS stands for - Answer Applicant Tracking System CHRO - Answer Chief HR Officer CSR - Answer Corporate Social Responsibility EAP - Answer Employee Assistance Program EVP - Answer Employer Value Proposition HRBP - Answer HR Business Partner KPI - Answer Key Performance Indicator KSAO - Answer Knowledge, Skills, Abilities and Other Characteristics M&A - Answer Merger and Acquisition MNC - Answer Multinational Corporation PESTLE - Answer Political, Economic, Social, Technological, Legal, Environmental ROI - Answer Return on Investment SWOT - Answer strengths, weaknesses, opportunities, threats ADA - Answer Americans with Disabilities Act ADAAA - Answer Americans with Disabilities Amendment Act ADEA - Answer Age Discrimination in Employment Act BFOQ - Answer Bona fide occupational qualifications COBRA - Answer Consolidated Omnibus Budget Reconciliation Act EEOC - Answer Equal Employment Opportunity Commission EPA - Answer Equal Pay Act ERISA - Answer Employee Retirement Income Security Act FCRA - Answer Fair Credit Reporting Act FMLA - Answer Family and Medical Leave Act FLSA - Answer Fair Labor Standards Act GINA - Answer Genetic Information Nondiscrimination Act HIPAA - Answer Health Insurance Portability and Accountability Act LMRA - Answer Labor Management Relations Act NLRA - Answer National Labor Relations Act OSHA - Answer Occupational Safety and Health Administration