SECTION A MULTIPLE CHOICE QUESTIONS [10 marks] Answer ALL questions. Each question carries ONE (1) mark. Choose the best alternative answer. 1. ________ are the resources that provide utility value to all other resources. A. Finance B. Men C. Machine D. Capital 2. Strategic human resource management considers people as a strategic resource for attaining ________________. A. Organizational goal B. Organizational objectives C. Competitive advantage D. Top Position in the market 3. In strategic human resource management, HR strategies are generally aligned with ___________. A. Business strategy B. Marketing strategies C. Finance strategy D. Economic strategy 4. Treating employees as precious human resources is the basis of the _______ approach. A. Hard HRM B. Soft HRM C. Medium HRM D. None of the above 5. One of the components of corporate level strategy is ________________. A. Growth strategy B. Portfolio strategy C. Parenting strategy D. All the above 6. Creating an environment that facilitates a continuous and two-way exchange of information between the superiors and the subordinates is the core of __________________. A. High involvement management model B. High commitment management model C. High performance management model D. None of the above 7. Strategic human resource management as a strategic partner, __________________. A. Organises training opportunities so employees can learn the new skills necessary for changing business goals or job roles, or changes job descriptions to reflect those altered roles B. Follows changes in legislation, regulation, occupational health and safety rules, and other types of labour or trade law and helps the organisation adapt to stay compliant with those laws C. Uses surveys to measure employee satisfaction, spot shortcomings in company culture, and ensure that managers are fair and equitable to all employees D. Gives feedback to internal customers about the quality of their experience, identifies top talents within the organisation, helps fill job vacancies, shares hr goals with employees to ensure they are implemented across the organisation, and helps promote overall productivity and harmony in the workplace. 8. Which one of the following is not a characteristic of a resource that can grant an organisation a competitive advantage? A. The resource adds value by enabling a firm to exploit opportunities or defend against threats B. The resource readily available in abundance C. The resource is costly to imitate D. The company is organised to capture the value from the resource 9. HR managers need to be able to forecast the organisations future HR requirements and determine how to acquire the people needed. To do this they need three sets of forecasts. Which of the following is not a forecast required for human resource planning? A. Forecast of the demand for human resources B. Forecast of the demand for human resources of competitor organisations C. Forecast of supply of human resources available within the organisation D. Forecast of the supply of external human resources 10. Employees in companies with a differentiation strategy would need to be ____________. A. Risk averse B. Highly creative and cooperative C. Comfortable with stability D. Highly concerned with quantity