Question: 64 What HR concept is defined as the competencies, knowledge, skills, and abilities that employees possess based on their tacit knowledge, and learned through mentorship

64

What HR concept is defined as the competencies, knowledge, skills, and abilities that employees possess based on their tacit knowledge, and learned through mentorship in the organization?

a.

human capital flow

b.

generic human capital

c.

firm-specific human capital

d.

human capital stock

65

Emerging research on outsourcing low-value, routine activities demonstrated that HR staff did not focus more on strategic or higher-value work.

a. True
b. False

66

What type of strategies are concerned with the question, What business should we be in?

a.

business strategies

b.

intended strategies

c.

management strategies

d.

corporate strategies

67

which of the following is a HR supply forecasting technique that analyzes flows of employees throughout the organization by examining inputs and outputs at each hierarchical or compensation level?

a.

HR budgets (staffing tables)

b.

Delphi technique

c.

vacancy model

d.

nominal group technique

68

Examples of corporate strategy include decisions to compete internationally or to merge with other companies.

a. True
b. False

69

White knights refers to a situation in which key players have the right to purchase shares at a huge discount, which makes takeovers extremely expensive.

a. True
b. False

70

Why must collective agreements be considered during a merger?

a.

to interpret the legalities of downsizing and restructuring

b.

to follow the protocols for notification periods for layoffs and terminations

c.

to ensure that employees will continue to work with the same compensation

d.

to help management create an environment of trust, fairness, and equity

71

Who are the two parties involved in a horizontal merger?

a.

management and employees

b.

two competitors

c.

shareholders and executives

d.

buyer and supplier

72

How do the experts finally agree on a solution in the nominal group technique?

a.

by voting for the best estimate

b.

by defending their perspectives

c.

by lobbying the other group members

d.

by ranking the solutions with a secret vote

74

What HR planning strategy focuses on the provision of a program of counselling and job search assistance for workers who have been terminated?

a.

mentoring

b.

inplacement

c.

outplacement

d.

career development

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