Evolution of Human Resource Management Functions
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Questions and Answers

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?

  • 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?

  • 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?

    <p>In response to an evolving situation</p> Signup and view all the answers

    What is the level of competency necessary in strategic resource positions according to the provided text?

    <p>How many truly “A” players are there in “A” positions</p> Signup and view all the answers

    What is one of the common questions asked by managers and stakeholders according to the text?

    <p>What is the ROI of training</p> Signup and view all the answers

    "Do employees know and understand what they are to do" is related to which aspect according to the text?

    <p>&quot;Do employees know and understand what they are to do&quot;</p> Signup and view all the answers

    What is a key characteristic of effective strategies according to the text?

    <p>Flexible and agile organizational system</p> Signup and view all the answers

    What does a long-term successful strategy need to be based on?

    <p>A core idea about how the firm can best compete in the marketplace</p> Signup and view all the answers

    What is the main emphasis of strategy according to the text?

    <p>Achieve competitive advantage with unique capabilities</p> Signup and view all the answers

    Which movement initiated by Bennis in the 1970s is mentioned in the text?

    <p>Organizational Development Movement</p> Signup and view all the answers

    What was the purpose of setting up 'welfare offices', 'hiring offices', 'safety bureaus', 'time-office' during IR 1 and 2?

    <p>To ensure employee safety and well-being</p> Signup and view all the answers

    What concept did Flamholtz develop in 1974 according to the text?

    <p>Human Resource Accounting (HRA) theory</p> Signup and view all the answers

    Which perspective of HRM emphasizes a strategic focus and being a change agent?

    <p>Strategic Partner</p> Signup and view all the answers

    What does the term 'strategos', from which 'strategy' originates, refer to?

    <p>A general directing military forces</p> Signup and view all the answers

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