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The basic premise behind strategy implementation is that _____.


A) boosting employee productivity is more important than effectiveness in production.
B) short-term orientation is detrimental to an organization's economical success.
C) external analysis and internal analysis should be performed during implementation.
D) quality of resources is more important than the quantity of resources.
E) the choice of organizational forms and structural forms make an economic difference.

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Explain the challenges and opportunities for human resource management while downsizing.

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Challenges of human resource management ...

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_____ is the process through which the organization seeks applicants for potential employment.


A) Selection
B) Recruitment
C) Training
D) Development
E) Appraisal

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Strategies focusing on market development, product development, innovation, or joint ventures make up the _____ strategy.


A) concentration
B) internal growth
C) divestment
D) liquidation
E) differentiation

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Companies engaged in differentiation strategy _____.


A) provide narrow career paths to employees
B) use a compensation system based on productivity alone
C) seek to generate more creativity through broadly defined jobs
D) recruit employees more from internal sources
E) engage in extensive socialization of newcomers

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Employees in companies with a differentiation strategy need to have only a moderate concern for quantity.

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A company that follows an overall cost leadership strategy _____.


A) focuses on becoming the lowest cost producer in an industry
B) thrives to reduce the cost of products in its industry
C) does not use automated procedures and systems
D) thrives constantly to increase the quality of its products
E) focuses on creating products that provide high value for its cost

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Which of the following is true of one-way linkage?


A) The human resource management executive has no time or opportunity to take a strategic outlook toward human resource issues.
B) It precludes the company from considering human resource issues while formulating the strategic plan.
C) The human resource management functions are built right into the strategy formulation process.
D) The human resource management function is involved in both strategy formulation and strategy implementation.
E) The human resource management executive gives strategic planners information about the company's human resource capabilities.

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_____ can be thought of as managing the pattern or plan that integrates an organization's major goals, policies, and action sequences into a cohesive whole.


A) Operational management
B) Transactional management
C) Management by objectives
D) Process mapping
E) Strategic management

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Terminal Inc. is a retail firm specializing in menswear. It plans to overtake its closest competitor within two years. It has decided to set up a store in Manhattan where it had no presence earlier. But, it realizes that NewBliss Inc. can give it a very good competition in the formal attire group for males between the ages of 25-35. Terminal Inc. is at the _____ phase.


A) strategy implementation
B) strategy formulation
C) administrative linking
D) selecting and training
E) task designing

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Strategic management is a process for analyzing a company's competitive situation, developing the company's strategic goals, and devising a plan of action and allocation of resources that will increase the likelihood of achieving those goals.

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Companies attempting to integrate vertically or horizontally or to diversify exhibit a(n) _____ strategy.


A) external growth
B) divestment
C) concentration
D) liquidation
E) internal growth

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Which of the following levels of integration often leads to strategic plans that the company cannot successfully implement?


A) Collaborative linkage
B) Integrative linkage
C) Two-way linkage
D) One-way linkage
E) Congruent linkage

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_____ costs are incurred regardless of the number of units produced.


A) Acquisition
B) Procurement
C) Fixed
D) Variable
E) Marginal

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_____ involves acquiring knowledge, skills, and behavior that improve employees' ability to meet the challenges of a variety of existing or new jobs.


A) Training
B) Development
C) Performance management
D) Selection
E) Recruitment

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In _____, a firm's strategic business planning function develops the strategic plan and then informs the HRM function of the plan.


A) integrative linkage
B) central linkage
C) two-way linkage
D) one-way linkage
E) administrative linkage

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The process by which a firm attempts to identify applicants with the necessary knowledge, skills, abilities, and other characteristics that will help the firm achieve its goals is known as _____.


A) appraisal
B) selection
C) recruitment
D) training
E) differentiation

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Which of the following is an example of a physical resource that a company uses to compete with other companies?


A) Controlling system
B) Technology
C) Planning system
D) Employee skill
E) Experience of employees

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When an organization develops integrated manufacturing systems such as advanced manufacturing technology and just-in-time inventory control, strategic human resource management has the responsibility of _____.


A) assessing the employee skills required to run these systems
B) inputting the necessary information to run these systems
C) testing the functionalities of these systems
D) testing these systems based on customer feedback
E) documenting the use of these systems within the organization

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External analysis and internal analysis combined constitute the _____.


A) value analysis
B) training analysis
C) development analysis
D) SWOT analysis
E) recruitment analysis

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