HR Management Strategy and Analysis Quiz

Human resource management is important only for HR managers.

Strategic management is the process of matching a company's internal strengths and weaknesses with external opportunities and threats.

Corporate level strategy focuses on identifying the portfolio of businesses that comprise the company.

Evidence-based human resource management involves using data and research to make HR decisions.

Human resource management is not part of the management process.

Line managers are responsible for HR duties within an organization.

Functional strategies are part of business-level or competitive strategy.

Geographic expansion is a type of corporate-level strategy.

Human resource management is not influenced by any important trends.

Strategic management involves executing the organization's strategic plan.

Understanding the causal links between HR activities, employee behaviors, organizational outcomes, and the organization's performance is not necessary for HR professionals.

The HR Scorecard Approach emphasizes the need for metrics to measure HR activities and results.

The HR audit is a process of analyzing an organization's financial performance.

The HR audit measures an organization's current standing and identifies areas for improvement in its HR function.

The HR audit involves reviewing the functioning of various aspects of the company's HR function, such as recruiting and training.

The HR audit ensures that the employer is adhering to government regulations and company policies.

The HR audit primarily focuses on evaluating employee performance and productivity.

Strategic HR relationships include the links between HR activities, employee behaviors, organizational outcomes, and organizational performance.

The HR Scorecard Approach helps in formulating HR policies, activities, and strategies to achieve strategic goals.

The HR Scorecard Approach was developed by Gary Dessler, Ph.D.

True or false: Diversification strategy implies that the firm will expand by adding new product lines.

True or false: Vertical integration strategy means the firm expands by producing its own raw materials or selling its products direct.

True or false: Consolidation strategy reduces the company's size.

True or false: Geographic expansion strategy takes the company abroad.

True or false: Business-level/competitive strategy identifies how to build and strengthen the business's long-term competitive position in the marketplace.

True or false: Cost leadership is a business-level strategy where the enterprise aims to become the low-cost leader in an industry.

True or false: Differentiation is a business-level strategy where a firm seeks to be unique in its industry along dimensions that are widely valued by buyers.

True or false: Focus is a business-level strategy where a firm seeks to carve out a market niche and compete by providing a product or service customers can get in no other way.

True or false: Functional strategies identify the basic courses of action that each department will pursue in order to help the business attain its competitive goals.

True or false: Strategic Human Resource Management involves linking HRM with strategic goals and objectives to improve business performance and develop organizational cultures that foster innovation and flexibility.