Podcast
Questions and Answers
Which term is used to describe the core idea about how a firm can best compete in the marketplace?
Which term is used to describe the core idea about how a firm can best compete in the marketplace?
- Generic strategy (correct)
- Cost leadership strategy
- Niche strategy
- Differentiation strategy
What is the first step in the classical strategic management process?
What is the first step in the classical strategic management process?
- Setting specific goals
- Analysing the external environment
- Conducting an internal organizational analysis
- Establishing a mission statement and key objectives for the organization (correct)
What are the deliverables of HR function according to the provided text?
What are the deliverables of HR function according to the provided text?
- Mindset, Technical Knowledge, Behavior (correct)
- Engineering excellence, Process Excellence, Incentives for value adding innovation
- Financial Success, Customer Success, Workforce Success
- Globalization Trends, Technological Trends, Workforce Demographic Trends
In real life, how do effective strategies generally emerge?
In real life, how do effective strategies generally emerge?
What is the level of competency necessary in strategic resource positions according to the provided text?
What is the level of competency necessary in strategic resource positions according to the provided text?
What is one of the common questions asked by managers and stakeholders according to the text?
What is one of the common questions asked by managers and stakeholders according to the text?
"Do employees know and understand what they are to do" is related to which aspect according to the text?
"Do employees know and understand what they are to do" is related to which aspect according to the text?
What is a key characteristic of effective strategies according to the text?
What is a key characteristic of effective strategies according to the text?
What does a long-term successful strategy need to be based on?
What does a long-term successful strategy need to be based on?
What is the main emphasis of strategy according to the text?
What is the main emphasis of strategy according to the text?
Which movement initiated by Bennis in the 1970s is mentioned in the text?
Which movement initiated by Bennis in the 1970s is mentioned in the text?
What was the purpose of setting up 'welfare offices', 'hiring offices', 'safety bureaus', 'time-office' during IR 1 and 2?
What was the purpose of setting up 'welfare offices', 'hiring offices', 'safety bureaus', 'time-office' during IR 1 and 2?
What concept did Flamholtz develop in 1974 according to the text?
What concept did Flamholtz develop in 1974 according to the text?
Which perspective of HRM emphasizes a strategic focus and being a change agent?
Which perspective of HRM emphasizes a strategic focus and being a change agent?
What does the term 'strategos', from which 'strategy' originates, refer to?
What does the term 'strategos', from which 'strategy' originates, refer to?
Flashcards are hidden until you start studying
