HR Planning in Strategic Management
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Questions and Answers

What does the organizational life cycle refer to?

  • Changes in leadership within a company
  • The introduction, growth, maturity, and decline of an organization over time (correct)
  • The marketing strategies adopted by a company
  • The daily operations and tasks within a company

    • In what phase of the organizational life cycle does an organization need different staffing, compensation, and training strategies?

  • Growth phase
  • Introduction phase (correct)
  • Maturity phase
  • Decline phase

    • How do organizational mission and values impact HRM department's mission and values?

  • They are always identical
  • They change together as the company's mission and values change (correct)
  • Organizational mission and values have no impact on HRM department's mission and values
  • HRM department's mission and values are not influenced by external factors

    • What might an organization do to move from the decline phase to the growth phase?

    <p>Create a new product</p> Signup and view all the answers

    Why is it important for HRM to align its strategies with the organization's goals?

    <p>To ensure organizational success</p> Signup and view all the answers

    What role do company executives, management, and supervisors play in ensuring HRM alignment with company mission and values?

    <p>They help in establishing a good understanding of company mission and values</p> Signup and view all the answers

    What is a critical difference in HRM strategies between an organization in introduction phase versus one in decline phase?

    <p>Staffing needs</p> Signup and view all the answers

    Which entity should HRM departments align their own mission and values with?

    <p>The company’s overall mission and values</p> Signup and view all the answers

    What does Table 2.2 'Lifecycle Stages and HRM Strategy' provide insights into?

    <p>Strategies that may differ based on organizational life cycle stages</p> Signup and view all the answers

    How do an organization's life cycle stages impact HRM strategies?

    <p>Different life cycle stages may require different HRM strategies</p> Signup and view all the answers

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