Question 1

A company should invest equally in training for all jobs rather than disproportionately investing more in developing people in the key strategic jobs on which the company's success is most dependent.

Accepted Answer

It is strategic for a company to invest more in developing people in key strategic jobs on which the company's success is most dependent. This ensures that the company has the necessary expertise and capability in those areas to remain competitive and successful. Investing equally in all jobs may not produce the same strategic impact.

Question 2

Studies show that most firms select expatriate managers on the basis of a global mind-set rather than on the basis of technical expertise.

Accepted Answer

Most firms tend to select expatriate managers primarily based on their technical expertise and job skills rather than on a global mindset or international experience.

Question 3

Strategic metrics are the easiest to measure and include counting the number of new people hired,fired,transferred,and promoted.

Accepted Answer

Strategic metrics are not the easiest to measure as they refer to long-term goals and objectives that may require more complex measurement methods. Counting new hires, terminations, transfers, and promotions may fall under operational or tactical metrics.

Question 4

Employees want projects that engage their heads as well as their hearts.

Accepted Answer

Employees want to be challenged intellectually by their work and have a sense of purpose and connection to the company values.

Question 5

Cultural diversity eases the process of sharing information,technology,and innovations between the home office and foreign outposts.

Accepted Answer

Cultural diversity can actually complicate communication and the sharing of information, technology, and innovations due to differences in language, norms, and business practices, potentially hindering the process rather than easing it.

Question 6

Nonmonetary pay refers to benefits that don't involve tangible value.

Accepted Answer

Nonmonetary pay includes things like flexible work hours, professional development opportunities, recognition programs, and work-life balance initiatives, which don't have a direct financial value.

Question 7

Paying a wage is a standard practice,and therefore the competitive advantage can come only by paying a higher amount.

Accepted Answer

The answer of Paying a wage is a standard practice,and...

Question 8

Developing an effective international workforce is much more difficult for a competitor to emulate than buying technology or securing capital.

Accepted Answer

Developing an effective international workforce involves building a strong corporate culture, forging relationships with local communities, and navigating cultural differences, all of which are complex and challenging to replicate for a competitor. On the other hand, buying technology or securing capital can often be replicated through similar investments or partnerships.

Question 9

Firms that effectively manage their international HR typically outperform competitors in terms of identifying new international business opportunities and adapting to changing conditions worldwide.

Accepted Answer

Effective management of international HR can lead to better understanding and adaptation to different cultural and regulatory environments, as well as better talent management and retention for multinational teams. All of these factors can contribute to a company's ability to identify and pursue international business opportunities, as well as respond to challenges and changing conditions in global markets.

Question 10

Rewards need to be linked to performance so that employees are naturally inclined to pursue outcomes that will earn rewards and further the organization's success at the same time.

Accepted Answer

Linking rewards to performance can motivate employees to work towards achieving goals that benefit the organization's overall success.

Question 11

Typical ratios associated with strategic metrics include the training cost factor and training cost percentage.

Accepted Answer

The answer of Typical ratios associated with strategic metrics include...

Question 12

The new principles of management require a focus on outcomes and results,not just numbers and compliance.

Accepted Answer

The new principles of management emphasize on achieving outcomes and results, rather than just focusing on numbers and compliance. The modern management approach is all about achieving the desired goals with the active participation of employees and ensuring sustainability.

Question 13

SHRM as a function is restricted to the managers and executives of the human resources department.

Accepted Answer

While SHRM (Strategic Human Resource Management) does involve the human resources department, it is not restricted to only managers and executives within that department. It is a strategic approach that involves collaboration and alignment between HR and organizational leaders at all levels.

Question 14

Organizational efforts to enable,develop,and motivate human capital improve accounting profits as well as shareholder value.

Accepted Answer

Research has shown that investments in human capital, such as training and development, lead to higher productivity and better organizational performance. This ultimately translates to increased accounting profits and shareholder value.

Question 15

Tests that are given to candidates as a part of the evaluation process must be related to the job.

Accepted Answer

Tests should be designed to assess candidate's skills and abilities that are required for the job they are applying for. It ensures that the evaluation process is fair and relevant to the job requirements.

Question 16

Diversity in a group in terms of expertise,gender,age,and background,leads to the problem of groupthink.

Accepted Answer

Diversity in a group can actually help to prevent groupthink, as individuals with different backgrounds and experiences can offer unique perspectives and challenge the group to consider alternative viewpoints. It is when a group lacks diversity and falls into a pattern of conformity that groupthink becomes a problem.

Question 17

A "right" worker is one who not only understands the job but whose goals and aspirations match those of the company.

Accepted Answer

A worker who shares the same goals and aspirations as the company is considered the "right" worker.

Question 18

The "make" decision is useful when it is too difficult to predict exactly which skills will be needed in the future.

Accepted Answer

The answer of The "make" decision is useful when it...

Question 19

Companies that measure intangibles such as employee performance,innovation,and change perform better than companies that don't use such metrics.

Accepted Answer

Studies have shown that companies that measure and track intangibles such as employee performance, innovation, and change are more likely to achieve higher levels of success and profitability compared to companies that do not use such metrics. These metrics allow companies to better understand their strengths and weaknesses, identify areas that require improvement, and make data-driven decisions to drive growth and innovation.

Question 20

Most preemployment assessment tests measure sexual orientation,health-related issues,and age.

Accepted Answer

Preemployment assessment tests should not measure sexual orientation, health-related issues, or age as these factors are protected under employment laws. Tests should focus on skills, abilities, and job-related traits.

Quiz 12: Winning Through Effective,global Talent Management