Question 1

Describe the relationship among an organization's purpose, mission, and top management team and how this relationship affects its human resource practices.

Accepted Answer

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Question 2

Why is an organization's culture an important link to its human resource management?

Accepted Answer

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Question 3

How would an organization conduct an evaluation of its human resource function?

Accepted Answer

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Question 4

The three components of human resource strategy formulation are staffing, development, and compensation strategies.

Accepted Answer

The three components of human resource strategy formulation are indeed staffing, development, and compensation strategies.

Question 5

The U-form, M-form, and H-form are known to be different organizational designs.

Accepted Answer

The U-form, M-form, and H-form are all different organizational designs. The U-form or unitary form is a design with a centralized structure where decisions are made by the top management. The M-form or multidivisional form is a design with multiple autonomous divisions that operate under a central corporate office. The H-form or holding company form is a design where multiple independent companies operate under a single corporate umbrella.

Question 6

Compare and contrast related and unrelated diversification.

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Question 7

Describe the factors that affect human resource strategy formulation.

Accepted Answer

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Question 8

A cost leadership strategy is one that focuses on increasing costs and charging high prestige prices.

Accepted Answer

A cost leadership strategy actually focuses on decreasing costs, thereby enabling the business to charge lower prices and gain market share through affordability.

Question 9

A defender strategy works well in an environment where there is little change or uncertainty.

Accepted Answer

A defender strategy focuses on maintaining a secure position within a particular domain or market, thus it is more effective in stable environments with little change or uncertainty, where the focus can be on efficiency and protecting current market share rather than on adapting to new conditions.

Question 10

The adaptation model assumes that the firm should change its strategies to meet environmental characteristics.

Accepted Answer

The adaptation model suggests that the firm should change its strategies to match the characteristics of the environment to achieve a better fit. This model emphasizes that organizational success depends on how well the firm can adapt to changes in the environment.

Quiz 4: The Competitive Environment