Quiz 1
Which is the level of integration at which the human resource management engages in day-to- day activities unrelated to the company's core business needs?
Administrative linkage
Gemco Inc., a high-end luxury jewelry manufacturer, has training programs toensure that its current employees always design and manufacture jewelry inkeeping with its high quality standards. Which of the following directionalstrategies has Gemco adopted? A. Concentration B. Liquidation C. Benchmarking D. Rightsizing E. Divestment
Concentration
Which of the following is a challenge of downsizing? A. It becomes difficult to change an organization's culture after downsizing. B. Downsizing is not effective in forcing parties to cooperate with management. C. Downsizing will not help organizations develop new and positive relationships. D. It is difficult to boost the morale of employees who remain after downsizing. E. It is not an effective strategy if an organization wants to make way for fresh ideas.
D. It is difficult to boost the morale of employees who remain after downsizing.
Apple is known for using a unique operating system that integrates well with peripheral devices such as iPod and iPhone. What kind of a strategy is Apple using?
Differentiation
T/F: Differentiation companies will have compensation systems that are geared toward internal rather than external equity.
False
The _____ is a statement of the organization's reason for being that usually specifies the customers served, the needs satisfied and/or the values received by the customers, and the technology used.
Mission
Employees in companies with a differentiation strategy would need to be:
highly creative and cooperative
Company X is a retail firm specializing in menswear. It has identified its main competitors as firms providing formal attire to working males between the ages of 22-35. Company X is at the _____ phase.
strategy formulation
The process that involves allocating resources, developing structures, hiring skilled employees, and developing appropriate reward systems is known as:
strategy implementation
A high level of pay relative to that of competitors can ensure that _____.
the company attracts high-quality employees