Chapter 2 Quiz

Marisol, an HR manager at a technology firm, is entrusted with the task of hiring a member for a new team. She has already received information about what the new role will entail as well as the tasks that the new employee will be performing. She is currently using several media to seek applicants for the role. Which of the following human resource management (HRM) practices is Marisol performing?

Recruitment

When Clean Motors condensed all its parts factories into one large location, the company increased research and development and customer service, and decreased its sales force. How would this practice help the company to become a low-cost producer?

The company constructed efficient large-scale facilities.

Dionne, the HR manager, has been asked to share issues in the strategy formulation process. How do you know this is part of a two-way linkage?

The strategic planning function and the human resource management function are interdependent.

Butterflies and Blooms, a new florist in town, is attempting to maximize profits but knows the company cannot charge too much for its bouquets in this market. As the company explores locations, the florist notes rent, property taxes, and parking. These are examples of ________ costs

Variable

Sophie, the HR manager, checks her email, completes paperwork, and returns voicemail. These activities are part of the

administrative linkage.

A common practice for companies in today's market is to look within at what is working and what is not. This is an example of a(n)

internal analysis.

A _____________workforce describes the former workers to whom a firm still owes financial obligations.

legacy

Ashock has been brought in as a consultant for a large organization. He is tasked with identifying the goals, policies, and action sequences the company should take to offset competitive challenges. Ashock will be implementing

strategic management.

Pluto Inc., a large manufacturer of desktops and laptops, has decided to enhance revenues by expanding its product line. It has identified the tablet market as a possible market to expand and has identified Compco Inc. as a potential competitor. Pluto Inc. is currently in the ________________ stage of the strategic management process.

strategy formulation

Selena is leading the strategic groups through an exercise to define the company's mission and goals through a SWOT (strengths, weaknesses, opportunities, and threats) analysis. She is employing

strategy formulation.