Deck 1: The Challenge of Human Resources Management

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Question
The strategies companies are pursuing today increasingly involve one or more elements of globalization.
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Question
'Six Sigma' refers to the six criteria for Malcolm Baldrige National Quality Award.
Question
Total-quality management is a set of principles and practices whose core ideas include doing things right the first time and striving for continuous improvement.
Question
In general,many companies are realizing diminished demand for "touch labor" and an increasing demand for "knowledge workers."
Question
Companies are increasingly rotating non-HR managers into HR positions and vice versa to give exposure to different areas of the organization.
Question
Labor costs are one of the largest expenditures of any organization.
Question
To be successful,organizations should constantly seek to align their processes with customer needs.
Question
To proactively manage change,organizations should wait to see how external forces impact an organization's performance,then develop a plan to address those changes.
Question
Knowledge workers are employees whose responsibilities focus on problem solving.
Question
Human capital is intangible,but can still be managed the way organizations manage jobs,products,and technologies.
Question
Development of human capital is the responsibility of the HR group.
Question
Over the past twenty-five years,the employment relationship between companies and
employees has shifted from transaction based to relationship based.
Question
Proactive change is change that occurs when external forces have started affecting performance.
Question
In absolute terms,the United States remains the world's most productive nation,even when it comes to manufacturing.
Question
A firm's ability to compete through people depends upon its ability to manage human capital.
Question
Reengineering is a statistical method of translating customer needs into separate tasks and defining the best way to perform each task.
Question
A Human Resource Information System (HRIS)provides current and accurate data for control and decision-making by managers.
Question
Human capital is owned by the organization and is part of the company's core competencies.
Question
Six Sigma is a set of principles and practices whose core ideas include doing things right the first time and striving for continuous improvement.
Question
Furloughing is a situation in which a firm asks an employee to take time off,but the employee is still provided with full pay and benefits.
Question
Outsourcing refers to employing workers in their homes rather than within the traditional office environment.
Question
Because HR managers function in an advisory role,they are responsible for issuing policy revisions and implementing them.
Question
Downsizing was used extensively by firms during the Great Recession of 2008,causing the U.S.unemployment rate to jump up to about 10 percent.
Question
Employees today are less likely to define success in terms of financial gain.
Question
Family-friendly practices include offering flexible hours,telecommuting,and job sharing.
Question
Downsizing is often used by organizations for the planned elimination of jobs.
Question
One of the responsibilities of HR managers is to provide advice and counsel to line managers.
Question
As many as half of all high school seniors are unable to handle basic math involving fractions,decimals,and simple algebra.
Question
Older workers are often willing to work flexible hours.
Question
Corporate social responsibility requires the organization to act in the best interests of the people AND communities affected by its activities.
Question
Women now account for slightly more than half of the American workforce.
Question
Technology,transportation,communications,and utilities industries tend to spend
the least on training.
Question
Educational level is positively related to annual earnings.
Question
One of the roles of HR managers is to act as employee advocates despite their positions as managers.
Question
Some organizations have instituted "No Layoff" policies to help preserve institutional memory and worker productivity.
Question
Methods of reducing labor costs include downsizing,outsourcing,and employee leasing.
Question
Older workers have significantly higher training costs than younger workers.
Question
Offshoring greatly improves key competencies of a firm.
Question
By 2050,the percentage of Hispanics in the United States is expected to nearly triple,while
the percentage of people of Asian descent is expected to significantly decrease.
Question
An HR manager is typically expected to function as an in-house consultant to supervisors,managers,and executives.
Question
A needs assessment for IT investments should include all of the following except:

A) Initial costs and annual maintenance.
B) Who will have access to private records.
C) Ability to upgrade.
D) User friendly capability.
Question
HR managers establish credibility by supporting the policies and values of the firm.
Question
Women who are employed full-time today earn make about ____ of what men employed full-time make.

A) 50%
B) 2/3's
C) 80%
D) 100%
Question
The World Trade Organization (WTO)utilizes ____ to establish rules and guidelines for global commerce.

A) NAFTA (North American Free Trade Agreement)
B) GATT (General Agreement on Tariffs and Trade)
C) FTAA (Free Trade Area of the Americas)
D) APEC (Asia Pacific Economic Cooperation)
Question
To build human capital in organizations,managers should rely upon staffing programs that focus on:

A) identifying cheap sources of qualified labor.
B) identifying and hiring the best and brightest talent available.
C) identifying college graduates with the requisite skills.
D) identifying individuals with highly specialized skills.
Question
Which of the following is NOT a competitive challenge within the Human Resources Management framework?

A) changes in the marketplace
B) globalization
C) technology
D) employee rights
Question
Knowledge workers require skills in all of the following areas except:

A) computer programming.
B) planning.
C) decision-making.
D) problem solving.
Question
Organizational changes are said to be ____ when external forces have already affected an organization's performance.

A) proactive
B) intentional
C) reactive
D) negative
Question
The first step in choosing an HRIS is for the HR personnel to:

A) evaluate the most time-consuming tasks.
B) examine the user-friendliness of the software.
C) calculate the cost savings in using an HRIS.
D) calculate the time required to train the HR staff.
Question
An HRIS extends information technology beyond storing and retrieving information to:

A) overseeing production planning.
B) providing current and accurate data for purposes of control and decision making.
C) providing managers easy access to personnel records.
D) serving as an intranet communication system.
Question
Millennials are also known as:

A) Baby Boomers
B) Generation X
C) Generation Y
D) Screenagers
Question
____ is the process of moving jobs closer to one's home country.

A) Nearshoring
B) Outsourcing
C) Offshoring
D) The Boomerang Effect.
Question
Today,approximately ____ of private sector workers have pension plans?

A) 5 percent
B) 15 percent
C) 25 percent
D) 40 percent
Question
The value,skills,and capabilities that have a tremendous impact on an organization's performance but does not show up on its balance sheet are known as:

A) intellectual capital.
B) human capital.
C) core competencies.
D) employee capital.
Question
Employee leasing shifts administrative costs from the company to a professional employer organization.
Question
What change is initiated by management to take advantage of targeted opportunities?

A) proactive
B) intentional
C) reactive
D) negative
Question
Which of the following is the largest employment agency in the United States?

A) Snelling Personnel Services
B) Kelly Services
C) Manpower Inc.
D) Labor Ready
Question
Which of the following is not a primary impact that technology has had on HRM?

A) It has altered the methods of collecting employment information.
B) It has speeded up the processing of employment data.
C) It has diminished the role of supervisors in managing employees.
D) It has improved the processes of internal and external communications.
Question
The operational impact of information technology on HRM includes all of the following except:

A) administering benefits programs.
B) improving productivity internal to the HR function.
C) providing a direct connection to recruitment sources such as Monster.com.
D) automating routine tasks.
Question
____ is closely related to corporate social responsibility.

A) downsizing
B) furloughing
C) sustainability
D) offshoring
Question
Which of the following is NOT a characteristic of organizations that have been successful in engineering change?

A) linking the change to business strategy
B) Engaging key employees early in the change process
C) investing in the implementation of change
D) showing how the change has created qualitative benefits
Question
The trend towards opening up foreign markets to international trade and investment is knows as:

A) globalization
B) offshoring
C) outsourcing
D) international economic diversity
Question
Which of the following is not an approach used by organizations to try to lower labor costs?

A) productivity enhancements
B) outsourcing
C) employee leasing
D) employee development
Question
A Watson Wyatt study showed that companies with excellent recruiting and retention policies provide a ____ return to shareholders compared to those that do not.

A) exact rate of
B) 1.4% lower rate of
C) 1.4% higher rate of
D) 14% higher rate of
Question
_____ is a process used to translate customer needs into a set of optimal tasks that are performed in concert with one another.

A) Six Sigma
B) Total Quality Management
C) Reengineering
D) Change Management
Question
Managers have to find ways to empower employees and encourage their participation and involvement to more fully utilize human capital because:

A) They are figured as part of training costs.
B) Firms are moving away from team-based structures.
C) Employee skills often go unused.
D) Knowledge exchange is the best method of human capital development.
Question
Which one of the following is not an HR cost that is typically incurred as a result of downsizing?

A) severance pay
B) vacation and sick-day payouts
C) potential lawsuits
D) developmental expenses
Question
About ___ of what Americans produce every year dollar-wise is sold abroad.

A) 50 percent
B) 30 percent
C) 10 percent
D) 2 percent
Question
Which of the following is one of the largest expenditures of service companies?

A) production costs.
B) marketing costs.
C) labor costs.
D) distribution costs.
Question
TQM:

A) Focuses on understanding customer needs,doing things right the first time,and striving for continuous improvement.
B) Uses statistical methods to translate customer needs into separate tasks and defining the best way to perform them.
C) Fundamentally redesigns business processes to achieve improvements in cost,quality,service,and speed.
D) Changes the purpose and function of the HR group.
Question
Approximately ____ of the U.S.economy today is affected by international competition,including small companies.

A) 25-40 percent
B) 50-65 percent
C) 70-85 percent
D) 90-100 percent
Question
Hiring someone outside the company to perform tasks that could be done internally is known as:

A) outplacement.
B) contracting.
C) outsourcing.
D) employee leasing.
Question
Which strategy is the planned elimination of jobs?

A) downsizing.
B) outsourcing
C) TQM
D) reengineering
Question
Layoffs can incur all of the following hidden costs except:

A) pension and benefit payoffs
B) increased training expenses
C) loss of institutional memory and human capital
D) a paranoid,political workforce
Question
Six Sigma is a systematic approach to quality that:

A) Focuses on understanding customer needs,doing things right the first time,and striving for continuous improvement.
B) Uses statistical methods to translate customer needs into separate tasks and defining the best way to perform them.
C) Fundamentally redesigns business processes to achieve improvements in cost,quality,service,and speed.
D) Focuses on improving the HR function through six principles.
Question
A fiercely loyal workforce,a recruiting edge,and workers who aren't afraid to innovate are all benefits of:

A) downsizing
B) outsourcing
C) companies that establish "no layoff" policies
D) productivity enhancements
Question
Reengineering:

A) Focuses on understanding customer needs,doing things right the first time,and striving for continuous improvement.
B) Uses statistical methods to translate customer needs into separate tasks and defining the best way to perform them.
C) Fundamentally redesigns business processes to achieve improvements in cost,quality,service,and speed.
D) Changes the purpose and function of the HR group.
Question
A survey conducted by the Human Resource Planning Society revealed that ____ percent of the responding companies believe that their HR group plays an important role in developing human capital.

A) less than 30
B) nearly 50
C) between 30 and 40
D) nearly 65
Question
The practice of moving jobs overseas is known as:

A) outplacement.
B) offshoring.
C) outsourcing.
D) employee leasing.
Question
______ paved the way for the formation of many major trade agreements and institutions.

A) GATT
B) The WTO
C) NAFTA
D) The EU
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Deck 1: The Challenge of Human Resources Management
1
The strategies companies are pursuing today increasingly involve one or more elements of globalization.
True
2
'Six Sigma' refers to the six criteria for Malcolm Baldrige National Quality Award.
False
3
Total-quality management is a set of principles and practices whose core ideas include doing things right the first time and striving for continuous improvement.
True
4
In general,many companies are realizing diminished demand for "touch labor" and an increasing demand for "knowledge workers."
Unlock Deck
Unlock for access to all 118 flashcards in this deck.
Unlock Deck
k this deck
5
Companies are increasingly rotating non-HR managers into HR positions and vice versa to give exposure to different areas of the organization.
Unlock Deck
Unlock for access to all 118 flashcards in this deck.
Unlock Deck
k this deck
6
Labor costs are one of the largest expenditures of any organization.
Unlock Deck
Unlock for access to all 118 flashcards in this deck.
Unlock Deck
k this deck
7
To be successful,organizations should constantly seek to align their processes with customer needs.
Unlock Deck
Unlock for access to all 118 flashcards in this deck.
Unlock Deck
k this deck
8
To proactively manage change,organizations should wait to see how external forces impact an organization's performance,then develop a plan to address those changes.
Unlock Deck
Unlock for access to all 118 flashcards in this deck.
Unlock Deck
k this deck
9
Knowledge workers are employees whose responsibilities focus on problem solving.
Unlock Deck
Unlock for access to all 118 flashcards in this deck.
Unlock Deck
k this deck
10
Human capital is intangible,but can still be managed the way organizations manage jobs,products,and technologies.
Unlock Deck
Unlock for access to all 118 flashcards in this deck.
Unlock Deck
k this deck
11
Development of human capital is the responsibility of the HR group.
Unlock Deck
Unlock for access to all 118 flashcards in this deck.
Unlock Deck
k this deck
12
Over the past twenty-five years,the employment relationship between companies and
employees has shifted from transaction based to relationship based.
Unlock Deck
Unlock for access to all 118 flashcards in this deck.
Unlock Deck
k this deck
13
Proactive change is change that occurs when external forces have started affecting performance.
Unlock Deck
Unlock for access to all 118 flashcards in this deck.
Unlock Deck
k this deck
14
In absolute terms,the United States remains the world's most productive nation,even when it comes to manufacturing.
Unlock Deck
Unlock for access to all 118 flashcards in this deck.
Unlock Deck
k this deck
15
A firm's ability to compete through people depends upon its ability to manage human capital.
Unlock Deck
Unlock for access to all 118 flashcards in this deck.
Unlock Deck
k this deck
16
Reengineering is a statistical method of translating customer needs into separate tasks and defining the best way to perform each task.
Unlock Deck
Unlock for access to all 118 flashcards in this deck.
Unlock Deck
k this deck
17
A Human Resource Information System (HRIS)provides current and accurate data for control and decision-making by managers.
Unlock Deck
Unlock for access to all 118 flashcards in this deck.
Unlock Deck
k this deck
18
Human capital is owned by the organization and is part of the company's core competencies.
Unlock Deck
Unlock for access to all 118 flashcards in this deck.
Unlock Deck
k this deck
19
Six Sigma is a set of principles and practices whose core ideas include doing things right the first time and striving for continuous improvement.
Unlock Deck
Unlock for access to all 118 flashcards in this deck.
Unlock Deck
k this deck
20
Furloughing is a situation in which a firm asks an employee to take time off,but the employee is still provided with full pay and benefits.
Unlock Deck
Unlock for access to all 118 flashcards in this deck.
Unlock Deck
k this deck
21
Outsourcing refers to employing workers in their homes rather than within the traditional office environment.
Unlock Deck
Unlock for access to all 118 flashcards in this deck.
Unlock Deck
k this deck
22
Because HR managers function in an advisory role,they are responsible for issuing policy revisions and implementing them.
Unlock Deck
Unlock for access to all 118 flashcards in this deck.
Unlock Deck
k this deck
23
Downsizing was used extensively by firms during the Great Recession of 2008,causing the U.S.unemployment rate to jump up to about 10 percent.
Unlock Deck
Unlock for access to all 118 flashcards in this deck.
Unlock Deck
k this deck
24
Employees today are less likely to define success in terms of financial gain.
Unlock Deck
Unlock for access to all 118 flashcards in this deck.
Unlock Deck
k this deck
25
Family-friendly practices include offering flexible hours,telecommuting,and job sharing.
Unlock Deck
Unlock for access to all 118 flashcards in this deck.
Unlock Deck
k this deck
26
Downsizing is often used by organizations for the planned elimination of jobs.
Unlock Deck
Unlock for access to all 118 flashcards in this deck.
Unlock Deck
k this deck
27
One of the responsibilities of HR managers is to provide advice and counsel to line managers.
Unlock Deck
Unlock for access to all 118 flashcards in this deck.
Unlock Deck
k this deck
28
As many as half of all high school seniors are unable to handle basic math involving fractions,decimals,and simple algebra.
Unlock Deck
Unlock for access to all 118 flashcards in this deck.
Unlock Deck
k this deck
29
Older workers are often willing to work flexible hours.
Unlock Deck
Unlock for access to all 118 flashcards in this deck.
Unlock Deck
k this deck
30
Corporate social responsibility requires the organization to act in the best interests of the people AND communities affected by its activities.
Unlock Deck
Unlock for access to all 118 flashcards in this deck.
Unlock Deck
k this deck
31
Women now account for slightly more than half of the American workforce.
Unlock Deck
Unlock for access to all 118 flashcards in this deck.
Unlock Deck
k this deck
32
Technology,transportation,communications,and utilities industries tend to spend
the least on training.
Unlock Deck
Unlock for access to all 118 flashcards in this deck.
Unlock Deck
k this deck
33
Educational level is positively related to annual earnings.
Unlock Deck
Unlock for access to all 118 flashcards in this deck.
Unlock Deck
k this deck
34
One of the roles of HR managers is to act as employee advocates despite their positions as managers.
Unlock Deck
Unlock for access to all 118 flashcards in this deck.
Unlock Deck
k this deck
35
Some organizations have instituted "No Layoff" policies to help preserve institutional memory and worker productivity.
Unlock Deck
Unlock for access to all 118 flashcards in this deck.
Unlock Deck
k this deck
36
Methods of reducing labor costs include downsizing,outsourcing,and employee leasing.
Unlock Deck
Unlock for access to all 118 flashcards in this deck.
Unlock Deck
k this deck
37
Older workers have significantly higher training costs than younger workers.
Unlock Deck
Unlock for access to all 118 flashcards in this deck.
Unlock Deck
k this deck
38
Offshoring greatly improves key competencies of a firm.
Unlock Deck
Unlock for access to all 118 flashcards in this deck.
Unlock Deck
k this deck
39
By 2050,the percentage of Hispanics in the United States is expected to nearly triple,while
the percentage of people of Asian descent is expected to significantly decrease.
Unlock Deck
Unlock for access to all 118 flashcards in this deck.
Unlock Deck
k this deck
40
An HR manager is typically expected to function as an in-house consultant to supervisors,managers,and executives.
Unlock Deck
Unlock for access to all 118 flashcards in this deck.
Unlock Deck
k this deck
41
A needs assessment for IT investments should include all of the following except:

A) Initial costs and annual maintenance.
B) Who will have access to private records.
C) Ability to upgrade.
D) User friendly capability.
Unlock Deck
Unlock for access to all 118 flashcards in this deck.
Unlock Deck
k this deck
42
HR managers establish credibility by supporting the policies and values of the firm.
Unlock Deck
Unlock for access to all 118 flashcards in this deck.
Unlock Deck
k this deck
43
Women who are employed full-time today earn make about ____ of what men employed full-time make.

A) 50%
B) 2/3's
C) 80%
D) 100%
Unlock Deck
Unlock for access to all 118 flashcards in this deck.
Unlock Deck
k this deck
44
The World Trade Organization (WTO)utilizes ____ to establish rules and guidelines for global commerce.

A) NAFTA (North American Free Trade Agreement)
B) GATT (General Agreement on Tariffs and Trade)
C) FTAA (Free Trade Area of the Americas)
D) APEC (Asia Pacific Economic Cooperation)
Unlock Deck
Unlock for access to all 118 flashcards in this deck.
Unlock Deck
k this deck
45
To build human capital in organizations,managers should rely upon staffing programs that focus on:

A) identifying cheap sources of qualified labor.
B) identifying and hiring the best and brightest talent available.
C) identifying college graduates with the requisite skills.
D) identifying individuals with highly specialized skills.
Unlock Deck
Unlock for access to all 118 flashcards in this deck.
Unlock Deck
k this deck
46
Which of the following is NOT a competitive challenge within the Human Resources Management framework?

A) changes in the marketplace
B) globalization
C) technology
D) employee rights
Unlock Deck
Unlock for access to all 118 flashcards in this deck.
Unlock Deck
k this deck
47
Knowledge workers require skills in all of the following areas except:

A) computer programming.
B) planning.
C) decision-making.
D) problem solving.
Unlock Deck
Unlock for access to all 118 flashcards in this deck.
Unlock Deck
k this deck
48
Organizational changes are said to be ____ when external forces have already affected an organization's performance.

A) proactive
B) intentional
C) reactive
D) negative
Unlock Deck
Unlock for access to all 118 flashcards in this deck.
Unlock Deck
k this deck
49
The first step in choosing an HRIS is for the HR personnel to:

A) evaluate the most time-consuming tasks.
B) examine the user-friendliness of the software.
C) calculate the cost savings in using an HRIS.
D) calculate the time required to train the HR staff.
Unlock Deck
Unlock for access to all 118 flashcards in this deck.
Unlock Deck
k this deck
50
An HRIS extends information technology beyond storing and retrieving information to:

A) overseeing production planning.
B) providing current and accurate data for purposes of control and decision making.
C) providing managers easy access to personnel records.
D) serving as an intranet communication system.
Unlock Deck
Unlock for access to all 118 flashcards in this deck.
Unlock Deck
k this deck
51
Millennials are also known as:

A) Baby Boomers
B) Generation X
C) Generation Y
D) Screenagers
Unlock Deck
Unlock for access to all 118 flashcards in this deck.
Unlock Deck
k this deck
52
____ is the process of moving jobs closer to one's home country.

A) Nearshoring
B) Outsourcing
C) Offshoring
D) The Boomerang Effect.
Unlock Deck
Unlock for access to all 118 flashcards in this deck.
Unlock Deck
k this deck
53
Today,approximately ____ of private sector workers have pension plans?

A) 5 percent
B) 15 percent
C) 25 percent
D) 40 percent
Unlock Deck
Unlock for access to all 118 flashcards in this deck.
Unlock Deck
k this deck
54
The value,skills,and capabilities that have a tremendous impact on an organization's performance but does not show up on its balance sheet are known as:

A) intellectual capital.
B) human capital.
C) core competencies.
D) employee capital.
Unlock Deck
Unlock for access to all 118 flashcards in this deck.
Unlock Deck
k this deck
55
Employee leasing shifts administrative costs from the company to a professional employer organization.
Unlock Deck
Unlock for access to all 118 flashcards in this deck.
Unlock Deck
k this deck
56
What change is initiated by management to take advantage of targeted opportunities?

A) proactive
B) intentional
C) reactive
D) negative
Unlock Deck
Unlock for access to all 118 flashcards in this deck.
Unlock Deck
k this deck
57
Which of the following is the largest employment agency in the United States?

A) Snelling Personnel Services
B) Kelly Services
C) Manpower Inc.
D) Labor Ready
Unlock Deck
Unlock for access to all 118 flashcards in this deck.
Unlock Deck
k this deck
58
Which of the following is not a primary impact that technology has had on HRM?

A) It has altered the methods of collecting employment information.
B) It has speeded up the processing of employment data.
C) It has diminished the role of supervisors in managing employees.
D) It has improved the processes of internal and external communications.
Unlock Deck
Unlock for access to all 118 flashcards in this deck.
Unlock Deck
k this deck
59
The operational impact of information technology on HRM includes all of the following except:

A) administering benefits programs.
B) improving productivity internal to the HR function.
C) providing a direct connection to recruitment sources such as Monster.com.
D) automating routine tasks.
Unlock Deck
Unlock for access to all 118 flashcards in this deck.
Unlock Deck
k this deck
60
____ is closely related to corporate social responsibility.

A) downsizing
B) furloughing
C) sustainability
D) offshoring
Unlock Deck
Unlock for access to all 118 flashcards in this deck.
Unlock Deck
k this deck
61
Which of the following is NOT a characteristic of organizations that have been successful in engineering change?

A) linking the change to business strategy
B) Engaging key employees early in the change process
C) investing in the implementation of change
D) showing how the change has created qualitative benefits
Unlock Deck
Unlock for access to all 118 flashcards in this deck.
Unlock Deck
k this deck
62
The trend towards opening up foreign markets to international trade and investment is knows as:

A) globalization
B) offshoring
C) outsourcing
D) international economic diversity
Unlock Deck
Unlock for access to all 118 flashcards in this deck.
Unlock Deck
k this deck
63
Which of the following is not an approach used by organizations to try to lower labor costs?

A) productivity enhancements
B) outsourcing
C) employee leasing
D) employee development
Unlock Deck
Unlock for access to all 118 flashcards in this deck.
Unlock Deck
k this deck
64
A Watson Wyatt study showed that companies with excellent recruiting and retention policies provide a ____ return to shareholders compared to those that do not.

A) exact rate of
B) 1.4% lower rate of
C) 1.4% higher rate of
D) 14% higher rate of
Unlock Deck
Unlock for access to all 118 flashcards in this deck.
Unlock Deck
k this deck
65
_____ is a process used to translate customer needs into a set of optimal tasks that are performed in concert with one another.

A) Six Sigma
B) Total Quality Management
C) Reengineering
D) Change Management
Unlock Deck
Unlock for access to all 118 flashcards in this deck.
Unlock Deck
k this deck
66
Managers have to find ways to empower employees and encourage their participation and involvement to more fully utilize human capital because:

A) They are figured as part of training costs.
B) Firms are moving away from team-based structures.
C) Employee skills often go unused.
D) Knowledge exchange is the best method of human capital development.
Unlock Deck
Unlock for access to all 118 flashcards in this deck.
Unlock Deck
k this deck
67
Which one of the following is not an HR cost that is typically incurred as a result of downsizing?

A) severance pay
B) vacation and sick-day payouts
C) potential lawsuits
D) developmental expenses
Unlock Deck
Unlock for access to all 118 flashcards in this deck.
Unlock Deck
k this deck
68
About ___ of what Americans produce every year dollar-wise is sold abroad.

A) 50 percent
B) 30 percent
C) 10 percent
D) 2 percent
Unlock Deck
Unlock for access to all 118 flashcards in this deck.
Unlock Deck
k this deck
69
Which of the following is one of the largest expenditures of service companies?

A) production costs.
B) marketing costs.
C) labor costs.
D) distribution costs.
Unlock Deck
Unlock for access to all 118 flashcards in this deck.
Unlock Deck
k this deck
70
TQM:

A) Focuses on understanding customer needs,doing things right the first time,and striving for continuous improvement.
B) Uses statistical methods to translate customer needs into separate tasks and defining the best way to perform them.
C) Fundamentally redesigns business processes to achieve improvements in cost,quality,service,and speed.
D) Changes the purpose and function of the HR group.
Unlock Deck
Unlock for access to all 118 flashcards in this deck.
Unlock Deck
k this deck
71
Approximately ____ of the U.S.economy today is affected by international competition,including small companies.

A) 25-40 percent
B) 50-65 percent
C) 70-85 percent
D) 90-100 percent
Unlock Deck
Unlock for access to all 118 flashcards in this deck.
Unlock Deck
k this deck
72
Hiring someone outside the company to perform tasks that could be done internally is known as:

A) outplacement.
B) contracting.
C) outsourcing.
D) employee leasing.
Unlock Deck
Unlock for access to all 118 flashcards in this deck.
Unlock Deck
k this deck
73
Which strategy is the planned elimination of jobs?

A) downsizing.
B) outsourcing
C) TQM
D) reengineering
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74
Layoffs can incur all of the following hidden costs except:

A) pension and benefit payoffs
B) increased training expenses
C) loss of institutional memory and human capital
D) a paranoid,political workforce
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75
Six Sigma is a systematic approach to quality that:

A) Focuses on understanding customer needs,doing things right the first time,and striving for continuous improvement.
B) Uses statistical methods to translate customer needs into separate tasks and defining the best way to perform them.
C) Fundamentally redesigns business processes to achieve improvements in cost,quality,service,and speed.
D) Focuses on improving the HR function through six principles.
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76
A fiercely loyal workforce,a recruiting edge,and workers who aren't afraid to innovate are all benefits of:

A) downsizing
B) outsourcing
C) companies that establish "no layoff" policies
D) productivity enhancements
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77
Reengineering:

A) Focuses on understanding customer needs,doing things right the first time,and striving for continuous improvement.
B) Uses statistical methods to translate customer needs into separate tasks and defining the best way to perform them.
C) Fundamentally redesigns business processes to achieve improvements in cost,quality,service,and speed.
D) Changes the purpose and function of the HR group.
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78
A survey conducted by the Human Resource Planning Society revealed that ____ percent of the responding companies believe that their HR group plays an important role in developing human capital.

A) less than 30
B) nearly 50
C) between 30 and 40
D) nearly 65
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79
The practice of moving jobs overseas is known as:

A) outplacement.
B) offshoring.
C) outsourcing.
D) employee leasing.
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80
______ paved the way for the formation of many major trade agreements and institutions.

A) GATT
B) The WTO
C) NAFTA
D) The EU
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Unlock Deck
Unlock for access to all 118 flashcards in this deck.