Question 1

Psychological contracts appear in recent years to have changed to de-emphasize employee

Accepted Answer

Psychological contracts have shifted from a traditional view of job security and loyalty to a more transactional view of fulfilling basic job expectations in exchange for fair compensation and benefits. Loyalty is no longer emphasized in the same way as it once was in these contracts.

Question 2

The resource-based view of the firm argues that resources should be

Accepted Answer

The resource-based view of the firm argues that resources that are valuable, rare, and inimitable provide a sustained competitive advantage for the firm. Resources that are valuable contribute to the firm's ability to create value for customers, while rare resources limit the availability of these resources to competitors. Finally, resources that are inimitable are difficult to duplicate by competitors, giving the firm a unique advantage in the market.

Question 3

Which of the following is not one of the four forms of career capital defined by Farndale et al.?

Accepted Answer

Financial capital is not listed among the four forms of career capital defined by Farndale et al., which include social, cultural, political, and human capital.

Question 4

'Employabilty' refers to

Accepted Answer

Employability refers to the level of skills, knowledge, and abilities of an individual that make them likely to obtain or retain a job. It is not just about having a job currently but also about being able to adapt to changing job markets and being attractive to potential employers. The other choices are either too narrow or only partially related to the concept of employability.

Question 5

Which of the following is not true of 'careerists'?

Accepted Answer

Careerists are known for their pursuit of career advancement, power, and prestige, and for their willingness to use positive and negative methods to achieve their goals. However, they do not necessarily deceive others by pretending to be less successful than they are. In fact, they are often quite open about their ambitions and achievements. So, statement D is not true of careerists.

Question 6

The case of Naima, the programmer who specialized in Florex software, demon- strates that career prospects can be negatively affected by

Accepted Answer

Naima's specialization in Florex software suggests that her skills may not be easily transferable to other software or industries, which can limit her career prospects.

Question 7

The case of Adam Lovelock is used in the book to demonstrate

Accepted Answer

The case of Adam Lovelock, who was a lifetime employee at a UK-based engineering firm, is used in the book to demonstrate the concept of reciprocal investment of resources by employer and employee. Lovelock's employer invested in his training and career development, and in return, he remained loyal to the company and contributed to its success. This example highlights the importance of building long-term relationships between employers and employees based on mutual investment and trust.

Question 8

A career actor's motivation and values are reflected in his or her competencies (DeFillippi and Arthur)

Accepted Answer

Knowing why reflects an actor's motivation and values, as it pertains to understanding the reasons behind pursuing certain roles or projects, aligning with personal beliefs and motivations.

Question 9

The two determinants of human capital used by Lepak and Snell to differentiate appropriate styles of human resource management were

Accepted Answer

Lepak and Snell's model differentiates human capital based on its uniqueness and value, which helps determine the appropriate HR management style.

Question 10

According to the resource-based view, companies build and sustain competitive advantage by developing appropriate

Accepted Answer

The resource-based view emphasizes that a company's competitive advantage comes from its unique resources and capabilities, including core competencies. By developing and leveraging these core competencies, a company can create value for customers and sustain its market position. Choices A, B, C, and E may be important for supporting a company's core competencies, but they are not the primary driver of competitive advantage according to the resource-based view.

Quiz 10: Careers As Resources