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____ strategies deal with how the firm manages each of its major functions such as marketing or human resources.


A) Corporate
B) Business
C) Functional
D) Growth
E) Differentiation

F) C) and D)
G) A) and B)

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The top management team includes the:


A) CEO
B) COO
C) chairperson of the board of directors
D) president
E) all of these

F) A) and B)
G) B) and E)

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The process of handling union issues and challenges is called


A) labor relations.
B) downsizing.
C) outsourcing.
D) rightsizing.
E) outlook planning.

F) A) and B)
G) C) and D)

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Describe the factors that affect human resource strategy formulation.

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The formulation of strategies is affecte...

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A cost leadership strategy is one that focuses on increasing costs and charging high prestige prices.

A) True
B) False

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Why is an organization's culture an important link to its human resource management?

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The culture of the organization affects ...

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An organization's mission


A) specifies how it will achieve its purpose.
B) affects its human resource practices.
C) is its basic reason for existence.
D) describes its unique characteristics and strengths.
E) all of these.

F) A) and E)
G) A) and D)

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Companies that view their human resource function as a strategic asset should NOT evaluate HR effectiveness by investigating


A) costs and benefits.
B) organizational outcomes such as productivity.
C) profitability.
D) costs as the only factor.
E) utility analysis.

F) A) and D)
G) B) and D)

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The U-form, M-form, and H-form are known to be different organizational designs.

A) True
B) False

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Compare and contrast related and unrelated diversification.

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Both related and unrelated diversificati...

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