Business Management - HR Tools and Processes Exam Questions with Verified Solutions Latest Update () Already Passed

Business Management - HR Tools and Processes Exam Questions with Verified Solutions Latest Update () Already Passed In which type of measurement do some items contribute more than others to the average? Weighted average Median Mode Unweighted average - Answers Weighted average Weighted average - Answers average is when some items in the list contribute more than others to the average. Median - Answers he middle number of group of items when ranked in order.t Mode - Answers is the item that occurs most frequently in a list. How many stages are there in Kurt Lewin's change model of 1951? 7 3 8 5 - Answers 3 unfreeze, change, and refreeze. the change approach - Answers has seven stages - prepare, communicate, develop a plan, have an executive sponsor, motivate direct supervisors, recruit unofficial leaders, and implement and evaluate. John Kotter's 1990 change model, - Answers has eight steps: establish a sense of urgency, create a coalition, develop a vision, share the vision, empower people, secure short-term wins, consolidate and keep moving, and anchor the change. ADKAR model - Answers awareness, desire, knowledge, ability, and reinforcement. Which type of analytics focuses on an outcome of "what should we do?" Integrated Prescriptive Descriptive Predictive - Answers Prescriptive Prescriptive Analytics - Answers focuses on what should be done. Predictive Analytics - Answers focuses on what is likely to happen. Descriptive Analytics - Answers focuses on what has already happened. Which type of outsourcing involves companies in the same geographical region? Inhouse Onshoring Nearshoring Offshoring - Answers onshoring Inhouse - Answers is when there is no outsourcing being done. Onshoring - Answers outsourcing is when both companies are in the same region. Nearshoring - Answers outsourcing is when the contracting company is in a nearby country. offshoring - Answers outsourcing is when the contracting company is overseas. Which type of vendor request has clearly defined criteria, bases the decision solely on price, and means the company is ready to buy? RFI (Request for Information) RFQ (Request for Quotation) RFP (Request for Proposal) RFO (Request for Offer) - Answers R RFI (Request for Information) - Answers The RFI stage is when you are only gathering initial information for an upcoming request. For the RFQ stage, most customers are looking to buy and have a clearly defined idea of what they want. - Answers For the RFQ stage, most customers are looking to buy and have a clearly defined idea of what they want. RFP (Request for Proposal) - Answers At the RFP stage, you are looking for vendors to provide more detailed information on the product to move closer to the pricing stage. RFO (Request for Offer) - Answers An RFO is the same as an RFP and seeks a solutions-based response. The project charter falls under which project management phase? Plan Execute Initiate Close - Answers initiate Initiate Phase - Answers The initiate phase occurs at the beginning of any project. It involves defining the project and setting expectations of what the project aims to accomplish. Plan phase - Answers The plan phase involves creating a plan with schedules, tasks, resources, and budgets. Execute phase - Answers The execute phase is when the plan starts being implemented. Close phase - Answers Close is the last phase, occurring once the project is complete. It involves compiling all the documents and reports. Which type of data gathering has the strength of typically being low cost and highly