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SPHR Questions - Part 73
1. A decision about outsourcing specialized labor would most likely be made at which stage of the organizational life cycle?
A) Startup
B) Decline
C) Maturity
D) Growth
2. Which of the following is NOT a types of partnership arrangements?
A) Joint venture
B) Limited profit partner
C) General partnership
D) Limited partnership
3. Which of the following structural changes is used to decrease expenses by reducing the size of the workforce?
A) Workforce reduction
B) Corporate restructuring
C) Workforce expansion
D) Reengineering
4. HR participates in the strategic planning process by doing which of the following?
A) Providing expertise
B) Identifying strategic goals
C) Formulating the strategy
D) Scanning the environment
5. Which of the following is used during the strategic planning process?
A) PEST analysis
B) SWOT analysis
C) Qualitative analysis
D) Quantitative analysis
A) Startup
B) Decline
C) Maturity
D) Growth
2. Which of the following is NOT a types of partnership arrangements?
A) Joint venture
B) Limited profit partner
C) General partnership
D) Limited partnership
3. Which of the following structural changes is used to decrease expenses by reducing the size of the workforce?
A) Workforce reduction
B) Corporate restructuring
C) Workforce expansion
D) Reengineering
4. HR participates in the strategic planning process by doing which of the following?
A) Providing expertise
B) Identifying strategic goals
C) Formulating the strategy
D) Scanning the environment
5. Which of the following is used during the strategic planning process?
A) PEST analysis
B) SWOT analysis
C) Qualitative analysis
D) Quantitative analysis
1. Right Answer: A
Explanation: Answer option A is correct.When funding is low due to startup conditions, a decision must be made regarding obtaining the talent necessary to do the work. Because organizations at this stage do not typically have the funds to develop employees from within such as in the growth and maturity stage (D, C), they often must choose which positions are critical to day-to-day operation and outsource the rest.Chapter: Business Management and StrategyObjective: Review Questions
2. Right Answer: B
Explanation: Answer option B is correct.Chapter: Business Management and StrategyObjective: Organizations
3. Right Answer: A
Explanation: Answer option A is correct.Chapter: Business Management and StrategyObjective: Strategic Management
4. Right Answer: A
Explanation: Answer option A is correct.HR participates in the strategic planning process by providing expertise on attracting, retaining, and managing a qualified workforce. Organization strategies (C) are formulated by the executive team. Each business function participates in the environmental-scanning process (D), gathering information about its area of responsibility. Strategic goals (B) are identified by the executive team during the strategy-formulation phase.Chapter: Business Management and StrategyObjective: Review Questions
5. Right Answer: A
Explanation: Answer option A is correct.Chapter: Business Management and StrategyObjective: Strategy
Explanation: Answer option A is correct.When funding is low due to startup conditions, a decision must be made regarding obtaining the talent necessary to do the work. Because organizations at this stage do not typically have the funds to develop employees from within such as in the growth and maturity stage (D, C), they often must choose which positions are critical to day-to-day operation and outsource the rest.Chapter: Business Management and StrategyObjective: Review Questions
2. Right Answer: B
Explanation: Answer option B is correct.Chapter: Business Management and StrategyObjective: Organizations
3. Right Answer: A
Explanation: Answer option A is correct.Chapter: Business Management and StrategyObjective: Strategic Management
4. Right Answer: A
Explanation: Answer option A is correct.HR participates in the strategic planning process by providing expertise on attracting, retaining, and managing a qualified workforce. Organization strategies (C) are formulated by the executive team. Each business function participates in the environmental-scanning process (D), gathering information about its area of responsibility. Strategic goals (B) are identified by the executive team during the strategy-formulation phase.Chapter: Business Management and StrategyObjective: Review Questions
5. Right Answer: A
Explanation: Answer option A is correct.Chapter: Business Management and StrategyObjective: Strategy
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