Human Resource Management Quiz

…….. refers to a company's ability to maintain and gain market share in its industry.

• Outsourcing

• Competitiveness

• Self-service

• Empowerment

Which of the following is NOT a responsibility of HR departments?

• Recruiting

• Benefits

• Community relations

• Production and operations

All of the following competitive challenges faced by companies will increase the importance of human resource management EXCEPT:

• the global challenge.

• the challenge of sustainability.

• the political challenge.

• the technology challenge.

….. refers to the ability of a company to survive and succeed in a dynamic competitive environment.

• Outsourcing

• Empowerment

• Sustainability

• Resource management

Which of the following statements about intangible assets is FALSE?

• They include human capital.

• They are less valuable than physical assets.

• They are equally or even more valuable than financial assets.

• They are difficult to duplicate or imitate.

Exporting jobs from developed to less developed countries is known as:

• insourcing

• offshoring

• importing.

• onshoring.

Besides interesting work,…… are the most important incentives that companies can offer to its employees.

• training for future work roles

• beneficial work environments

• support for nonwork activities

• pay and benefits

Strategy formulation involves all but one of the following. Name the exception.

• Defining the firm's mission and goals

• Assessing the firm's external opportunities and threats

• Defining the firm's organizational structure

• Generating various strategic alternatives

The process that involves allocating resources, developing structures, hiring skilled employees, and developing appropriate reward systems is known as:

• strategy formulation.

• strategy implementation.

• strategic planning.

• strategic management.

……..attempts to identify the organization's strengths and weaknesses.

• Strategic formulation

• Internal analysis

• External analysis

• Strategic choice