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Chapter 2 HR Management
What is strategic planning?
What is HRP (human resources planning)?
What is SHRM (strategic human resources management)?
What are options for reducing a surplus?
What are options for avoiding a shortage?
What's a strategic vision?
What is environmental scanning?
What does a firm's business environment consist of?
The remote environment involves which changes?
What are Michael Porter's 5 forces that are part of the competitive environment?
What are core capabilities?
What 3 combination of resources do core capabilities consist of?
What is the criteria organizations should follow to achieve a sustained competitive advantage?
Internal analysis involves analyzing what?
What are cultural audits?
What is values-based hiring?
What 3 key elements of forecasting do managers focus on?
What is the difference between quantitative and qualitative approaches to forecasting?
What are management forecasts?
Forecasting the supply of employees does not include which of the following? Staffing tables, trend analysis, replacement charts, skill inventories.
What are staffing tables?
What are skill inventories?
What are replacement charts?
What is succession planning?
What is human capital readiness?
What does corporate strategy include?
What are the 3 types of value creation strategies?
What is the difference between vertical and horizontal fit/alignment?
How do employers deal with surplus employees?
What's the difference between human capital metrics and HR metrics?
What's a balanced scorecard (BSC)?
What are the 4 related cells to the balanced scorecard?
What is organizational capability?
What is coordination flexibility?
What is resource flexibility?