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HR Study Set 1

Business

Quiz 4 :

The Competitive Environment

Quiz 4 :

The Competitive Environment

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In the context of M-form organizations, the primary function of the corporate-level HR department is to:
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A

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Employees are potentially an excellent source of competitive advantage for an organization because:
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B

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Regardless of the specific organization design, in recent years many firms have been:
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D

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A company that attempts to develop an image or reputation for its product or service that sets the company apart from its competitors most likely uses a _____.
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Corporate strategies deal with how a firm will compete in each market where it conducts business.
True False
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A key challenge for HR managers with firms using a retrenchment strategy is recruiting and training the large numbers of qualified employees.
True False
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A prospector strategy works best when a business operates in an environment with relatively little uncertainty and risk and high stability.
True False
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Which of the following strategies is frequently used by organizations after a period of retrenchment?
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In the context of a turnaround strategy, the role of human resource managers is to:
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If an organization uses a differentiation strategy, performance management must be focused on recognizing and rewarding performance leading to improved quality.
True False
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A cost leadership strategy allows a firm to charge the highest possible prices for its products.
True False
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In the context of the strategic alternatives of the adaptation model, which of the following strategies is assumed to work best when a business operates in an environment with relatively little uncertainty and risk and a high degree of stability?
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Which of the following terms refers to the relatively stable set of psychological attributes or traits that distinguish one person from another?
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Which of the following statements is true of a mission statement?
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A company that adopts a stability strategy plans to expand into new products or markets and intends to manage them by adopting the strategies used for managing its current businesses.
True False
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The top management team of a firm needs to consult with the human resource management (HRM) team before deciding to pursue a growth strategy.
True False
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The top management team of a company includes the chief operating officer (COO) of the company.
True False
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In the context of organization design, the functional design is used when an organization has implemented a strategy of unrelated diversification.
True False
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In the context of the adaptation model, HR managers in firms that pursue the analyzer strategy are most likely to:
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An agency problem occurs when there is a conflict of interest between the managers and the shareholders.
True False
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