Question 1

Which of the following acts sets strict rules for businesses especially for accounting practices that require more open and consistent disclosure of financial data and CEOs' assurance that the data is completely accurate?

Accepted Answer

A)  Gramm-Leach-Bliley Act
B)  Glass-Steagall Act
C)  Sarbanes-Oxley Act
D)  Dodd-Frank Act
E)  McCarran-Ferguson ActF) A) and C)
G) B) and D)

Question 2

Which of the following arguments states that diversity of perspectives and less emphasis on conformity to norms of the past should improve the level of resourcefulness?

Accepted Answer

A)  System flexibility argument
B)  Marketing argument
C)  Employee attraction and retention argument
D)  Problem-solving argument
E)  Creativity argumentF) D) and E)
G) A) and D)

Question 3

Which one of the following is true about the Six Sigma process?

Accepted Answer

A)  It focuses on the end product of employee satisfaction.
B)  It terminates once the processes have been brought within the Six Sigma standards.
C)  It strives to attain quality through supervision of daily work and not through training.
D)  It discourages employees from lean thinking.
E)  It aims to create a total business focus on serving the customer.F) B) and C)
G) A) and E)

Question 4

Evidence-based HR refers to the demonstration that human resources practices have no impact on the company's bottom or key stakeholders.

Accepted Answer

A) True 
 B)False

Question 5

Intangible assets are equally or more valuable than financial and physical assets, but they are difficult to duplicate or imitate.

Accepted Answer

A) True 
 B)False

Question 6

Which of the following is true of cloud computing?

Accepted Answer

A)  It allows companies to lease software but not hardware.
B)  Employees are not aware of the location of the databases.
C)  Company data that is stored on the public cloud can be is accessed by the public.
D)  It can be accessed only through computers; other gadgets cannot be used.
E)  It requires an external system to retrieve data from the cloud.F) B) and D)
G) A) and E)

Question 7

Which of the following arguments states that companies with the best reputations for managing diversity will win the competition for talent?

Accepted Answer

A)  System flexibility argument
B)  Marketing argument
C)  Employee attraction and retention argument
D)  Problem-solving argument
E)  Creativity argumentF) None of the above
G) All of the above

Question 8

When a corporate organization competes through globalization, as opposed to technology, it is likely to put most of its efforts on _____.

Accepted Answer

A)  social responsibility
B)  environmental issues
C)  expanding into foreign markets
D)  developing HR dashboards
E)  integrating technology and social systemsF) A) and C)
G) D) and E)

Question 9

Which of the following is a characteristic of Millennials?

Accepted Answer

A)  They are not comfortable with using computers and the Internet.
B)  They are pessimistic and cynical.
C)  They have low levels of self-esteem.
D)  They are eager to learn, work, and please.
E)  They are not narcissistic.F) C) and D)
G) B) and D)

Question 10

Advances in technology have decreased HRM's role in providing self-service to employees.

Accepted Answer

A) True 
 B)False

Question 11

Projections to the demographics of the U.S. workforce predict that the average age of the workforce will decrease.

Accepted Answer

A) True 
 B)False

Question 12

Which of the following dimensions of HRM practices involves ensuring that HRM practices comply with federal, state, and local laws?

Accepted Answer

A)  Vision and mission of human resources
B)  Managing the human resource environment
C)  Acquiring and preparing human resources
D)  Compensating human resources
E)  Assessment and development of human resourcesF) B) and D)
G) A) and C)

Question 13

What is an HR dashboard? Explain a few ways in which it supports managers and employees.

Accepted Answer

One of the most important uses of Intern...

Question 14

In high-performance work systems:

Accepted Answer

A)  previously established boundaries between employees and customers remain intact.
B)  managers and employees work together, while vendors and suppliers work independently.
C)  line employees are trained to specialize in individual tasks.
D)  employees do not communicate directly with suppliers and customers.
E)  line employees interact frequently with quality experts and engineers.F) A) and B)
G) C) and D)

Question 15

Applications of the Malcolm Baldrige Award are reviewed by an independent board of examiners who are selected from the public sector.

Accepted Answer

A) True 
 B)False

Question 16

Discuss the competencies, according to the Society for Human Resource Management, which HR professionals require to be successful.

Accepted Answer

Following are the nine competencies HR p...

Question 17

When an HR professional is evaluated on how well she embraces inclusion and how effectively she works with diverse populations, she is being evaluated on her competency in _____.

Accepted Answer

A)  organizational navigation
B)  HR technical expertise and practice
C)  global and cultural effectiveness
D)  business acumen
E)  critical evaluationF) A) and D)
G) B) and C)

Question 18

A company competing through sustainability is likely to _____.

Accepted Answer

A)  place increased value on tangible assets
B)  avoid social and environmental responsibilities
C)  emphasize more on productivity than on quality
D)  adapt badly to changes in the labor force
E)  provide high-quality products and servicesF) C) and D)
G) C) and E)

Question 19

Which of the following HRM practices involves helping employees understand how their jobs contribute to the finished product?

Accepted Answer

A)  Work design
B)  Performance management
C)  Training
D)  Staffing
E)  CompensationF) B) and D)
G) B) and E)

Question 20

Mentoring relationships are an example of _____ capital.

Accepted Answer

A)  social
B)  customer
C)  human
D)  intellectual
E)  financialF) A) and E)
G) B) and C)

Exam 1: Human Resource Management: Gaining a Competitive Advantage

Which of the following acts sets strict rules for businesses especially for accounting practices that require more open and consistent disclosure of financial data and CEOs' assurance that the data is completely accurate?

Correct AnswerverifiedShow Answer

When a corporate organization competes through globalization, as opposed to technology, it is likely to put most of its efforts on _____.

Correct AnswerverifiedShow Answer

Projections to the demographics of the U.S. workforce predict that the average age of the workforce will decrease.

Correct AnswerverifiedShow Answer

Applications of the Malcolm Baldrige Award are reviewed by an independent board of examiners who are selected from the public sector.

Correct AnswerverifiedShow Answer

Which of the following arguments states that diversity of perspectives and less emphasis on conformity to norms of the past should improve the level of resourcefulness?

Correct AnswerverifiedShow Answer

Advances in technology have decreased HRM's role in providing self-service to employees.

Correct AnswerverifiedShow Answer

Which of the following is a characteristic of Millennials?

Correct AnswerverifiedShow Answer

Which of the following is true of cloud computing?

Correct AnswerverifiedShow Answer

Intangible assets are equally or more valuable than financial and physical assets, but they are difficult to duplicate or imitate.

Correct AnswerverifiedShow Answer

Which one of the following is true about the Six Sigma process?

Correct AnswerverifiedShow Answer

What is an HR dashboard? Explain a few ways in which it supports managers and employees.

Correct AnswerverifiedOne of the most important uses of Intern...View AnswerShow Answer

Which of the following arguments states that companies with the best reputations for managing diversity will win the competition for talent?

Correct AnswerverifiedShow Answer

A company competing through sustainability is likely to _____.

Correct AnswerverifiedShow Answer

When an HR professional is evaluated on how well she embraces inclusion and how effectively she works with diverse populations, she is being evaluated on her competency in _____.

Correct AnswerverifiedShow Answer

In high-performance work systems:

Correct AnswerverifiedShow Answer

Which of the following dimensions of HRM practices involves ensuring that HRM practices comply with federal, state, and local laws?

Correct AnswerverifiedShow Answer

Which of the following HRM practices involves helping employees understand how their jobs contribute to the finished product?

Correct AnswerverifiedShow Answer

Discuss the competencies, according to the Society for Human Resource Management, which HR professionals require to be successful.

Correct AnswerverifiedFollowing are the nine competencies HR p...View AnswerShow Answer

Evidence-based HR refers to the demonstration that human resources practices have no impact on the company's bottom or key stakeholders.

Correct AnswerverifiedShow Answer

Mentoring relationships are an example of _____ capital.

Correct AnswerverifiedShow Answer

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One of the most important uses of Intern...
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Following are the nine competencies HR p...
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