SHRM SCP EXAM STUDY GUIDE
SMART - Answers - Specific, Measurable, Attainable, Relevant, Timebound
Extraterritoriality - Answers - Extends the power of a country's laws over it citizens
outside that country's sovereign national boundaries.
Porter's "Five Forces" - Answers - Framework was originally designed to identify
industries that were likely to be profitable and would provide a roi. Threat of substitution,
entry, bargaining power of suppliers, bargaining power of buyers, rivalry among
competitors( influenced by all 4)
Schein's Lauer of Culture - Answers - Basic assumptions (implicit culture), norms and
values, artifacts and products (explicit culture)
Due process - Answers - Concept that laws are enforced through accepted, codified
procedures
Histogram - Answers - Graphically depicts the sorting of data into groups arranged in
the shape of a statistical distribution, showing a central tendency and dispersion around
that tendency.
Scatter Diagram - Answers - Plots data points against two variables that form the chart's
x and y axes. Each axis is scaled. The pattern formed by the plotted data describes the
correlation between the two variables.
Rule of Law - Answers - No individual is beyond the reach of the law and the authority is
exercised only in accordance with written and publicly disclosed laws
Alliances, partnerships and acquisitions - Answers - Which growth strategy is commonly
used to accelerate path to globalization?
Impoverished Manager - Answers - Detached from the team process, forcing the team
to struggle on its own. The impoverished manager is committed to nether task nor
people. Part of Blake-Mouton's behavioral leadership theory.
Leader-member relations - Answers - Refers to the degree of confidence, trust, and
respect that followers have in their leadership.
Environmental Scanning - Answers - Process that systematically surveys and interprets
relevant data, such as economic trends, to identify external opportunities and threats.
, This process is conducted to assess how these factors affect the organization currently
and how they will affect the organization in the future
Strategic alliance - Answers - Is a formal agreement between two or more companies to
collaborate resources but not equity. Create synergy based on the partners' strengths
and technical capabilities.
Joint Venture - Answers - An agreement between two or more partners to create a new
economic entity. Both contribute to equity and share in revenues, expenses and control
Yield Ratio - Answers - Calculated at various stages in recruitment as well as at the
end. Example is qualified applicants/total applicants
Assessment Centers - Answers - A method of evaluating candidates who are presented
with content-valid workplace situations to which they respond and who are then
evaluated on their responses
Geocentric - Answers - approach ignores nationality in favor of ability and seeks the
best people for key jobs. Staffing policies in an organization with a geocentric focus
maximize the long-term strength of the global organization
Managerial Estimates - Answers - Consist of projections made by the managers. This
works in two ways: from the down or the bottom up. The success of this method is
entirely dependent upon the quality of info provided to managers to use in making
estimates a
Best of Breed - Answers - IT solutions each support different HR function, multiple
vendors are necessary to manager multiple HR functions.
Risk Register - Answers - Documents risks that been identified, assessments,
management strategy, and individuals responsible for implementing and monitoring the
strategy. While it may include information about key risks indicators that signal
increasing risk, it is not a process used to identify these indicators. Help create
transparency and accountability.
Personal networks and social capital - Answers - Are the informal knowledge
management system within the global organization. Does not depend on computer
application but on personal networks and associations.
Delphi Method - Answers - Used to avoid "group think" therefore members never meet.
The group members take turns presenting forecasts until a composite emerges
4T's - Answers - Travel, teams, training and transfers. Strategies for creating a global
mindset and enhancing multicultural awareness of leaders and senior management
SMART - Answers - Specific, Measurable, Attainable, Relevant, Timebound
Extraterritoriality - Answers - Extends the power of a country's laws over it citizens
outside that country's sovereign national boundaries.
Porter's "Five Forces" - Answers - Framework was originally designed to identify
industries that were likely to be profitable and would provide a roi. Threat of substitution,
entry, bargaining power of suppliers, bargaining power of buyers, rivalry among
competitors( influenced by all 4)
Schein's Lauer of Culture - Answers - Basic assumptions (implicit culture), norms and
values, artifacts and products (explicit culture)
Due process - Answers - Concept that laws are enforced through accepted, codified
procedures
Histogram - Answers - Graphically depicts the sorting of data into groups arranged in
the shape of a statistical distribution, showing a central tendency and dispersion around
that tendency.
Scatter Diagram - Answers - Plots data points against two variables that form the chart's
x and y axes. Each axis is scaled. The pattern formed by the plotted data describes the
correlation between the two variables.
Rule of Law - Answers - No individual is beyond the reach of the law and the authority is
exercised only in accordance with written and publicly disclosed laws
Alliances, partnerships and acquisitions - Answers - Which growth strategy is commonly
used to accelerate path to globalization?
Impoverished Manager - Answers - Detached from the team process, forcing the team
to struggle on its own. The impoverished manager is committed to nether task nor
people. Part of Blake-Mouton's behavioral leadership theory.
Leader-member relations - Answers - Refers to the degree of confidence, trust, and
respect that followers have in their leadership.
Environmental Scanning - Answers - Process that systematically surveys and interprets
relevant data, such as economic trends, to identify external opportunities and threats.
, This process is conducted to assess how these factors affect the organization currently
and how they will affect the organization in the future
Strategic alliance - Answers - Is a formal agreement between two or more companies to
collaborate resources but not equity. Create synergy based on the partners' strengths
and technical capabilities.
Joint Venture - Answers - An agreement between two or more partners to create a new
economic entity. Both contribute to equity and share in revenues, expenses and control
Yield Ratio - Answers - Calculated at various stages in recruitment as well as at the
end. Example is qualified applicants/total applicants
Assessment Centers - Answers - A method of evaluating candidates who are presented
with content-valid workplace situations to which they respond and who are then
evaluated on their responses
Geocentric - Answers - approach ignores nationality in favor of ability and seeks the
best people for key jobs. Staffing policies in an organization with a geocentric focus
maximize the long-term strength of the global organization
Managerial Estimates - Answers - Consist of projections made by the managers. This
works in two ways: from the down or the bottom up. The success of this method is
entirely dependent upon the quality of info provided to managers to use in making
estimates a
Best of Breed - Answers - IT solutions each support different HR function, multiple
vendors are necessary to manager multiple HR functions.
Risk Register - Answers - Documents risks that been identified, assessments,
management strategy, and individuals responsible for implementing and monitoring the
strategy. While it may include information about key risks indicators that signal
increasing risk, it is not a process used to identify these indicators. Help create
transparency and accountability.
Personal networks and social capital - Answers - Are the informal knowledge
management system within the global organization. Does not depend on computer
application but on personal networks and associations.
Delphi Method - Answers - Used to avoid "group think" therefore members never meet.
The group members take turns presenting forecasts until a composite emerges
4T's - Answers - Travel, teams, training and transfers. Strategies for creating a global
mindset and enhancing multicultural awareness of leaders and senior management
