Business and Environmental Law Quiz

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Questions and Answers

What is the main purpose of a SWOT analysis in the context of HR?

To analyze the organization's mission and goals

To identify opportunities for workforce growth

To ensure compliance with changing laws and regulations

To identify internal strengths and weaknesses, and external opportunities and threats (correct)

What is a major factor that prompts HR professionals to become familiar with employment legislation in other countries?

Social and Labour Market Issues

Increased international competition

Globalization (correct)

Government policies

What is an example of an internal strength in the context of HR strategy?

Low employee morale and high turnover

Executive leadership who support and promote HR strategic development (correct)

Increased demand for the company's products and services

A competitor gaining an edge in the market share

How is the modern workplace changing?

More part-time, contract/temporary/standby work Signup and view all the answers

What is a concern raised by the adoption of new technologies in the workplace?

Right to privacy Signup and view all the answers

Which of the following is an external factor that can impact HR strategy?

A competitor gaining an edge in the market share Signup and view all the answers

What is a topic of increasing importance in the context of environmental concerns and HR?

Sustainability Signup and view all the answers

What is a significant challenge for HR professionals in managing an international workforce?

Complying with employment legislation in other countries Signup and view all the answers

What is driving corporations to seek cheap skilled labor abroad?

Globalization Signup and view all the answers

What is the purpose of analyzing an organization's mission and goals in the context of HR strategy?

To develop an effective HR strategy that aligns with the organization's mission and goals Signup and view all the answers

What is an external influence that affects employment decisions?

All of the above Signup and view all the answers

What is the primary goal of Strategic Human Resource Management?

To drive performance and achieve organizational strategic goals Signup and view all the answers

What is an example of a threat in the context of SWOT analysis?

A competitor gaining an edge in the market share Signup and view all the answers

What is the first step in the Strategic Management Process?

Analyze the Environment (External Influences) Signup and view all the answers

What is the term for the ongoing planning, monitoring, analysis, and assessment of an organization's necessities to meet its goals and objectives?

Strategic Management Signup and view all the answers

What is the purpose of conducting a PESTLE analysis in Strategic Human Resource Management?

To analyze the external environment and its impact on HR functions Signup and view all the answers

What is the result of effective Strategic Human Resource Management?

Achievement of organizational strategic goals Signup and view all the answers

What is the term for the process of deciding on organizational strategies and implementing them?

Strategy Formulation Signup and view all the answers

Study Notes

External Influences on HR Functions

Businesses operate globally, leading to increased international competition and the need for HR professionals to be familiar with employment legislation in other countries.
Globalization has created a one-world economy, driving corporations to seek cheap, skilled labor worldwide.
Economic conditions such as employment levels, productivity levels, and growth of various sectors (agriculture, oil and gas, manufacturing, and service) affect HR functions.
Fluctuations in oil prices and currency rates also impact HR decisions.

The workforce is becoming increasingly diverse, with different nationalities, women, people with disabilities, and generational differences.
The changing workforce demographics require HR professionals to adapt to new challenges and opportunities.
Education levels vary across the workforce, and family expectations and responsibilities are influencing employment decisions.
The cost of living is a significant factor in employment decisions.

Technology

New technologies like Twitter, Facebook, and videoconferencing are changing the way HR functions operate.
Concerns over information control, accuracy, privacy, and ethics are emerging in the use of technology.
Monitoring of employee communication and behavior raises ethical and practical questions.

Legal

HR policies and practices must comply with new and changing laws covering human rights, employment standards, occupational health and safety, and workers' compensation.
Adherence to legal requirements is essential for HR functions.

Environmental Concerns

Sustainability, climate change, global warming, pollution, and carbon footprints are increasingly important topics for HR professionals.
The extinction of wildlife species is a concern that requires HR attention.

Strategic Human Resource Management

Strategic management involves ongoing planning, monitoring, analysis, and assessment of organizational necessities to meet goals and objectives.
Strategic Human Resource Management (HRM) focuses on managing people to drive performance and achieve organizational goals.
HRM implements policies, practices, and systems that influence employee behavior, attitudes, and performance.

Strategic Management Process

The strategic management process involves six steps:
- Analyzing the environment (external)
- Analyzing the organization's mission and goals
- Analyzing the organization's strengths and weaknesses (internal)
- Analyzing three common organizational strategies
- Choosing and implementing HR strategies consistent with overall organizational strategies
- Reviewing and evaluating HR strategies

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Description

Test your knowledge of business policies and practices that adhere to laws on human rights, employment, and environmental concerns, including sustainability, climate change, and pollution.