Since human assets cannot be duplicated

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Reference no: EM133511439

Questions

1. In order for the leaders to strategically recognize the importance of HR, it requires the organization to recognize employees as _______.

human capital

human assets

a liability

human investment

2. Nordstrom associates are placed at the____________________on the organization chart

lowest level

top level

highest level

mid-level

3. The first component of HR management strategy is_______________, whereas the second component is the design of work systems.

strategic workforce planning

training and development

evaluating the internal environment

developing business unit strategies

4. It is important for an organization to examine the work systems. Work systems involve the design of __________________of responsibilities to assist an organization in meeting its objectives.

core values and allocation

jobs, succession plans, and allocation

job descriptions, polices, procedures, and allocation

jobs and allocation

5. In the mid-______________, Huselid conducted a study to measure the employee value and the organization's bottom line.

1960s

1970s

1980s

1990s

6. In the early 2000s, the leaders of Safeway realized that it was losing the competitive edge in the retail grocery market and developed a program targeting a certain customer base. Safeway decided to target __________________.

females

males

low-income families

couples

7. One way to assess the abilities, skills, and experiences of existing employees is by using

performance appraisal

HRIS

skills inventory

a job classification method

8. Since human assets cannot be duplicated, it gives organization the ____________.

opportunity to select the most qualified applicants

highest market value

competitive advantage

ability to reach long-term performance goals

9. The study conducted by Huselid identified the ____________________.

high-performance work systems

value chain

low-performance work systems

importance of human capital

10. Key Objectives of Strategic Workforce Planning include the following:

Prevent overstaffing and understaffing, ensure the organization has the right employees with the right skills in the right places at the right times, ensure the organization is responsive to changes in its environment, provide direction and coherence to all HR activities and systems, and unite the perspectives of line and staff managers.

True

False

11. Nordstrom provides associates with extensive training on _______________and product lines and offers high compensation.

products

merchandising

marketing

customer service

12. Southwest's success is based upon _______________.

value cycle

marketing strategies

annual cycle

corporate strategies

13. Management can assess the following areas to realize the value the employees bring to the organization: technical knowledge, ability to learn and grow, ________________, motivation, commitment, and teamwork.

problem-solving skills

managerial capabilities

organizational skills

decision-making capabilities

14. HR's role in a knowledge-based economy is comprised of the following areas:

Human capital steward, knowledge facilitator, relationship builder, and rapid deployment specialist.

True

False

Reference no: EM133511439

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