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Chapter 2 Human Resource Management Predicted Questions With Researched Answers

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CHAPTER 2 HUMAN RESOURCE MANAGEMENT PREDICTED QUESTIONS WITH RESEARCHED ANSWERS

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4.CHAPTER 2 HUMAN RESOURCE MANAGEMENT PREDICTED
QUESTIONS WITH RESEARCHED ANSWERS


Strategy and strategic planning - correct answer deal with looking at the organization and its
environment - today and in the expected future - and determining what the organization wants
to do to meet the requirements of that expected future.


Current strategy, internal analysis, external analysis, strategic options, strategy choice - correct
answer the factors in choosing a strategy


Customers, competition, suppliers, labor force, shareholders, society, technology, economy,
governments - correct answer influences from outside the organization that managers cannot
control.


Strategy, culture, structure - correct answer influences from within the organization that
managers can control


Strategy - correct answer a plan of action to achieve a particular set of objectives.


Strategy - correct answer it looks at the external environment and the internal (organizational)
environment in order to create strategic advantage.


Strategic advantage - correct answer occurs when the organization analyzes the environment
better and reacts quicker than its competitors.


What is the present situation? - correct answer the first of the 3 big strategic questions


Where do we want to go? - correct answer the second of the first 3 strategic questions


How do we plan to get there? - correct answer the third of the first 3 strategic questions

, What is the present situation? - correct answer examples include profits, customers,
employees, technology, physical resources, etc.


Where do we want to go? - correct answer examples include the question, what is the
organization's vision and mission?


How do we plan to get there? - correct answer a plan that will allow the organization to reach
the goals identified in the vision and mission, and that will create a sustainable competitive
advantage.


Vision - correct answer what an organization expects to become at a particular point in time.


Mission - correct answer specific expectations of what the organization will do in order to
realize the vision


Vision + mission - correct answer = focus on the direction for the organization and its people.


Cost leadership, differentiation, focus or niche - correct answer the 3 types of strategies in hrm


Cost leadership - correct answer focuses on lowering organizational costs required to produce
products or services


Differentiation - correct answer focuses on creating a distinctive impression of the product or
service in customers' minds.


Focus or niche - correct answer focuses on a specific portion of a larger market.


Hrm and cost leadership - correct answer maximize employee efficiency and effectiveness
through highly specialized jobs that require people to repeat the same task.

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