RRHH 2UA

What is the primary goal of a business strategy?

• To pursue a competitive advantage

• To reduce costs

• To increase revenue

• To expand globally

What are the four essential elements of a strategy?

• Short-term goals, external threats, internal strengths, implementation plan

• Product development, customer service, marketing, sales

• Long-term goals, competitive environment, internal resources, implementation plan

• Financial goals, market analysis, employee training, execution strategy

At which stage does HR management play a role in motivating employees to carry out the company's plan?

• Formulation stage

• Implementation stage

• Evaluation stage

• Analysis stage

What is the aim of internal analysis in strategic management?

• To identify industry trends

• To reveal the strengths and weaknesses of the firm

• To assess customer satisfaction

• To analyze competitor strategies

What is the purpose of the Company Strategic Profile scanning tool?

• To identify internal resources and capabilities

• To evaluate customer preferences

• To analyze industry competition

• To assess market trends

What is the main implication of Human Resources being deemed as strategic resources?

• HR policies should focus on cost reduction only

• HR practices should be independent of the firm's strategy

• HR policies should not align with the firm's goals

• Internal consistency in HR policies reinforces inimitability

According to Dave Ulrich, what does the HR Model assign to the right roles in an organization?

• Processes, responsibilities, and job descriptions

• Product development and innovation

• Marketing strategies and customer relations

• Financial resources and capabilities

What are the main methods for evaluating the efficacy of an HR system?

• BCA and utility analysis, causal models, and balanced scorecard

• Conducting employee surveys, analyzing financial reports, and market research

• Implementing new technologies, hiring external consultants, and restructuring departments

• Using key indicators, SWOT analysis, and benchmarking

Which factor should be considered when aligning the HR system with the firm's circumstances?

• Organizational culture

• Employee turnover rate

• Technological advancements

• Industry trends

What does Porter suggest for a firm pursuing a cost-based competitive advantage in terms of HR system?

• Pay-per-performance control mechanism

• Highly qualified personnel

• Specific training for each job position

• Innovation and flexibility