HR Strategy and Competitive Advantage Quiz

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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?

Value proposition Signup and view all the answers

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

To outline the transformational goals for 2-3 years Signup and view all the answers

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

Competition Signup and view all the answers

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

False Signup and view all the answers

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

True 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?

False Signup and view all the answers

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

False Signup and view all the answers

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

True Signup and view all the answers

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

False Signup and view all the answers

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

True Signup and view all the answers

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?

What is the purpose of an HR strategy?

Which of the following is NOT a key element of an HR strategic plan?

Which of the following is NOT one of the key elements of an HR strategy?

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

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

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

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

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

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

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

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

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

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

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

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

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