HR Strategy and Competitive Advantage Quiz
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Questions and Answers

Which of the following is NOT one of the three sustainable sources of value mentioned in the text?

  • Innovation (correct)
  • Talent
  • Culture
  • Reputation
  • What is the purpose of an HR strategy?

  • To prioritize key initiatives for the year (correct)
  • To determine the competition
  • To plan for long-term transformation
  • To define the value proposition
  • Which of the following is NOT a key element of an HR strategic plan?

  • Desired outcome
  • Competition (correct)
  • Sources of competitive advantage
  • Value proposition
  • Which of the following is NOT one of the key elements of an HR strategy?

    <p>Value proposition</p> Signup and view all the answers

    What is the purpose of the longer term transformational plan in an HR strategic plan?

    <p>To outline the transformational goals for 2-3 years</p> Signup and view all the answers

    Which of the following is NOT one of the three sustainable sources of value mentioned in the text?

    <p>Competition</p> Signup and view all the answers

    True or false: The PESTEL framework stands for Profit, Equity, Sustainability, Teamwork, Efficiency, Leadership?

    <p>False</p> Signup and view all the answers

    True or false: The drivers of cost competitiveness include Business Model including Outsourcing vs insourcing?

    <p>True</p> Signup and view all the answers

    True or false: Strategic roles influence employee satisfaction, enable us to reduce costs, and enable us to increase revenue?

    <p>False</p> Signup and view all the answers

    True or false: Functional skills is a component of the SEBM Framework?

    <p>False</p> Signup and view all the answers

    True or false: Behaviours is a component of the SEBM Framework?

    <p>True</p> Signup and view all the answers

    True or false: The PESTEL framework stands for Profit, Equity, Sustainability, Teamwork, Efficiency, Leadership?

    <p>False</p> Signup and view all the answers

    True or false: The drivers of cost competitiveness include Business Model including Outsourcing vs insourcing?

    <p>True</p> Signup and view all the answers

    True or false: Strategic roles influence employee satisfaction, enable us to reduce costs, and enable us to increase revenue?

    <p>True</p> Signup and view all the answers

    True or false: Functional skills is a component of the SEBM Framework?

    <p>False</p> Signup and view all the answers

    True or false: Behaviours is a component of the SEBM Framework?

    <p>True</p> Signup and view all the answers

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