Strategy 1
Strategy 2
Strategy 3
Strategy 4
Strategy 5
100

An organization hires only experienced, top-performing people who trend to stay with the company for ten years or more. What is this considered in a SWOT analysis?

  • Strength 
  • Weakness
  • Opportunity
  • Threat

Strength

100

A company increases recruitment and selection efforts to staff new positions. What phase of the organizational life cycle is the company in?

  • Introduction
  • Growth 
  • Maturity
  • Decline

Growth

100

A company that emphasizes training to maintain workforce flexibility and improve productivity is in which phase of organizational development?

  • Introduction
  • Growth
  • Maturity 
  • Decline

Maturity 

100

What is the most important information contained in an organization’s mission statement?

  • What the company does
  • The time frame for reaching its goals
  • The specific strengths it brings to its strategy
  • Its major competitors

What the company does

100

Which trait is not desirable in a leader in any culture?

  • Affability
  • Dependability
  • Win-win mentality
  • Loner

Loner

200

Which form of negotiation is most consistent with the leadership characteristics found to be most effective in global settings?

  • Soft
  • Hard
  • Principled 
  • Collaborative

Principled

200

What would be the best advice for an HR manager presenting a complex analysis’s workplace needs and recommendations to a leadership group?

  • Make sure all data is included in slides.
  • Practice. 
  • Describe your methodology thoroughly.
  • Let the audience draw their own conclusions.

Practice

200

What is a business case?

  • Cost-benefit analysis of business concept.
  • Market research into acceptability of a new service or product.
  • Scenario-based test of a business plan.
  • Analysis of a problem and of possible solutions.

Analysis of a problem and of possible solutions.

200

What is the key benefit of developing consistent, long term goals?

  • It shows the interaction of planning, people, and process to achieve goals
  • It separates strategic intentions from the efforts of  organizational culture
  • It decreases the influence of external factors
  • It reduces resources wasted on nonstrategic activities 

It reduces resources wasted on nonstrategic activities

200

The focus of strategic planning is on goals and how they will be achieved. What is the focus of strategic management?

  • How leaders act in alignment with those goals
  • Tracking allocation of resources toward strategic goals
  • Identifying future talent
  • Satisfying stakeholders

How leaders act in alignment with those goals

300

Why is a system – thinking approach necessary in strategic management?

  • It creates greater efficiency in resources utilization
  • It makes sure that all of the organizations strengths are being deployed
  • It provides a deeper understanding of strategic assets in each function or unit
  • It helps see potential interactions of the organizations components 

It helps see potential interactions of the organizations components

300

How is organization culture connected with the topic of strategy?

  • A strong culture can eliminate the need for strategic planning
  • Culture should be seen as a strategic lever
  • Culture should not affect a choice of strategy
  • Strategy should be planned first, and then steps should be taken to create a supportive culture

Culture should be seen as a strategic lever

300

Why should an HR leader begin the functional strategic planning process by identifying and analyzing stakeholders?

  • Stakeholders control the budget
  • Stakeholders are external to the organization
  • The leader will better understand the value HR must deliver
  • The leader will improve legal compliance    

The leader will better understand the value HR must deliver

300

A paper products company divides its business into commercial or consumer divisions.  The commercial division decides to expand its market share by forming key account teams to provide its most important customers with better services. What type of strategy does this illustrate?

  • Organizational strategy
  • Business unit strategy 
  • Competitive strategy
  • Functional strategy

Business unit strategy

300

A labor bureau survey noted that disposable income levels were falling in certain categories of income. Which PESTEL category includes information like this?

  • Legal
  • Political
  • Ethical
  • Economic 

Economic

400

A firm manufactures glass used in commercial building projects. Their advantage lies in the variety of their offerings and the technologies they use. However, other firms can take business from them by offering similar products with different technologies. Which of the Porters five forces does this illustrate?

  • Threat of substitution 
  • Threat of entry
  • Bargaining power of suppliers
  • Bargaining power of buyers    

Threat of substitution

400

What is the most important reason to conduct stakeholder analysis in project management?

  • It can prevent disagreements about project focus between management and stakeholders.
  • Stakeholders are key funders of projects.
  • It can provide information about expectations and project critical success factors.
  • Stakeholders analysis is used in developing strategy, not in implementing strategic initiatives or projects.

It can provide information about expectations and project critical success factors.

400

The leader of the HR function Is creating a multiyear budget. How will the existence of an organizational strategy help?

  • The leader will be more able to  identify and prioritize strategic HR activities 
  • The strategy statements provide annual budget ranges for each function
  • It will help HR compete with other functions for limited resources
  • The strategy will not help materially, since this is simply a budgeting activity

The leader will be more able to  identify and prioritize strategic HR activities 

400

What HR strategic actions does a firm commit to when it pursues a cost leadership strategy?

  • Flexible workforce management 
  • Creation of an innovative talent pool
  • Acquisition of change management skills
  • Creation of a quality-oriented organization culture

Flexible workforce management

400

What does environmental scanning add to strategic management?

  • Improved stakeholder understanding
  • Early warning of changes that could affect strategy 
  • Improved transparency and accountability
  • More accurate identification of need areas of improvement within the organization

Early warning of changes that could affect strategy

500

Which statement exemplifies Hersey-Blanchard’s situational leadership theory?

  • A leader’s style must change over time as individuals develop and require a different type of direction and leadership. 
  • Leaders don’t necessarily need personal relationships with mentors to learn from them.
  • Leaders need to be charismatic because employees dislike rigid controls and inherently want to accomplish something.
  • A team leader is one equally concerned with people and production (task) to the maximum degree.

A leader’s style must change over time as individuals develop and require a different type of direction and leadership.

500

Senior management of an organization communicates a new strategy in detail to its leaders and at a high level to employees. Unit and functional leaders are empowered to reorganize themselves and provide more specific directions to employees. How could this implementation of strategy been improved?

  • Senior management should provide employees the same level of detail as leaders received.
  • Reorganization should not have been an option for leaders.
  • Senior leaders should not be giving so much power to unit and functional leaders.
  • It is an effective process and should work well.

It is an effective process and should work well.

500

One of the goals for a nonprofit is to be able to direct its limited resources more quickly to needy areas as international crises develop. Which HR objective would be well aligned with this goal?

  • Improve the quality of HR services to employees
  • Develop talent through rotations in geographical areas 
  • Increase staff resilience
  • Identify high-potential leaders among employees with three to five years of experience

Develop talent through rotations in geographical areas

500

One of HRs strategic abilities, according to Cascio and Agunis, is scanning and sensing changes in the outside environment that could affect HRs role in supporting the organizations strategy and in implementing HR strategy. Which is an example of scanning and sensing the external environment?

  • Creating alignment between the HR and organization strategies?
  • Conducting annual employee surveys
  • Gathering information about technologies that could increase HR productively
  • Networking with leaders of other functions to build consultative relationships

Gathering information about technologies that could increase HR productively

500

What is the distinctive characteristic of a blue ocean strategy?

  • Absence of competitors 
  • Industries in which it may apply
  • Length of competitive advantage conveyed
  • Degree of dominance over competitors

Absence of competitors

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