Question 1

Developing programs to meet the training needs of an organization occurs in the fourth part of the HRM plan.

Accepted Answer

Developing programs to meet the training needs of an organization is a key part of the HRM plan, which involves identifying the skills and knowledge required by employees to fulfill their roles effectively and designing training and development programs to meet those needs. It typically occurs in the later stages of the HRM plan after other key activities such as workforce planning, recruitment, and selection have been completed.

Question 2

A 360 review is a type of training method.

Accepted Answer

A 360 review is not a type of training method. It is a performance evaluation process in which an employee receives feedback from their supervisor, peers, subordinates, and sometimes even customers or clients.

Question 3

Even if a company does not have an HR department, management should still develop HRM strategic plans and HR plans.

Accepted Answer

Even if a company does not have a dedicated HR department, the responsibility of managing human resources still falls under the purview of management. Developing HRM strategic plans and HR plans is crucial for effective workforce management and organizational success.

Question 4

New employees are given training in various aspects of the company culture at the stage of orientation.

Accepted Answer

Orientation is the stage where new employees are introduced to the company culture and given training in various aspects of it.

Question 5

Quantitative data on strategic plans are effective in demonstrating how HR adds value to the bottom line.

Accepted Answer

Quantitative data provides measurable results that can show HR's impact on the company's overall performance and financial success. This can help demonstrate the value that HR brings to the bottom line.

Question 6

A SWOT analysis does not apply at the level of departmental performance.

Accepted Answer

SWOT analysis can be applied at various levels including departmental performance, business unit performance, and organizational performance.

Question 7

The first human resource department was created in 1901 by The National Cash Register Company NCR).

Accepted Answer

The National Cash Register Company (NCR) established the first modern human resources department in 1901.

Question 8

Once implemented, a good strategic plan cannot be adjusted to suit the changing trends in the internal or external factors affecting the company.

Accepted Answer

A good strategic plan should be flexible and adaptable to changes in the internal and external environment of the company. Adjustments to the plan may be necessary to ensure that the company's goals and objectives are still relevant and attainable given the changing circumstances.

Question 9

A strategic plan should be a static document.

Accepted Answer

A strategic plan should not be a static document. It should be a dynamic document that is regularly reviewed and updated to adapt to changes in the organization and the external environment.

Question 10

An HR manager must develop the departmental goals and HR plans based on the overall goals of the organization autonomously.

Accepted Answer

An HR manager should align departmental goals and HR plans with the overall goals of the organization, but not autonomously; they should collaborate with senior management and other departments to ensure alignment and support organizational objectives.

Question 11

Every stage of the organizational lifecycle requires a different HRM strategy.

Accepted Answer

This is true because the HRM strategies should be tailored to meet the specific needs and challenges faced by an organization at each stage of its lifecycle, such as start-up, growth, maturity, and decline. For example, in a start-up phase, HR may focus on recruiting and retaining key talent, while in a maturity phase, HR may focus more on succession planning and employee development.

Question 12

A company's budget for compensating employees is unaffected by legislative changes.

Accepted Answer

Legislative changes, such as minimum wage increases or new requirements for benefits, can impact a company's budget for compensating employees. Companies may need to adjust their compensation plans to comply with new laws or regulations.

Question 13

The region or area in which a business is located is a major determinant of its compensation strategy.

Accepted Answer

The location of a business affects its cost of living, cost of labor, local labor market conditions, and competitive pressures from other businesses in the area. All of these factors influence a business's compensation strategy, making it a major determinant.

Question 14

Personnel management emphasized the aim of achieving strategic goals through people.

Accepted Answer

Personnel management traditionally focused on administrative tasks and the welfare of employees rather than achieving strategic goals through people, which is a key focus of human resource management.

Question 15

The HRM strategic plan represents the major objectives an organization wants to achieve.

Accepted Answer

The HRM strategic plan outlines the major objectives and goals an organization wants to achieve in the area of human resources management.

Question 16

The Ulrich HR model started the movement toward viewing HR as a functional area.

Accepted Answer

The Ulrich HR Model, introduced by Dave Ulrich in the 1990s, did not start the movement toward viewing HR as a functional area but rather redefined the HR role into strategic partnership, changing the way HR functions are viewed and organized within companies. The movement toward viewing HR as a functional area predates the Ulrich Model.

Question 17

A staffing plan is an inventory of all current employees along with their educational level and abilities.

Accepted Answer

A staffing plan is a strategic plan for identifying and acquiring the necessary resources to meet an organization's needs. It includes forecasting future staffing needs, determining the available internal and external candidates, and developing strategies for recruitment, selection, and retention. While employee information may be included in a staffing plan, it is not the main focus.

Question 18

Strategic plans should be reviewed once a year.

Accepted Answer

The answer of Strategic plans should be reviewed once a...

Question 19

A head-hunter is typically used for recruiting candidates for higher level positions.

Accepted Answer

This is true. Head-hunters or executive recruiters are usually employed for finding suitable candidates for senior-level or high-responsibility positions.

Question 20

Non-job specific skills that employees need to become successful are called human relations skills.

Accepted Answer

Human relations skills are essential for all employees to communicate effectively, work collaboratively, and build positive relationships with coworkers and customers, regardless of their job-specific skills.

Quiz 2: Developing and Implementing Strategic HRM Plans