An electric shaver company that carefully observes its competitor’s production line to look for ways to improve its own manufacturing process is an example of

۱۷.An organization’s executive team meets to discuss the impact of developing a new business unit. An agenda is sent in advance of the meeting so the team will be able to prepare for it. What is the most important information that HR should bring to the meeting?

۱۸.A company that operates on the basis of a product leadership strategy is told that the competition has just released a product superior to a new product that the organization is ready to launch. What strategy should the organization employ at this point?

Which of the following is a company’s strength?

۱۹.The CEO of a start-up organization and wants to ensure that the plan will motivate employees at the right time. In which step of the strategic planning process should the HR director recommend that the CEO work with employees to get them motivated toward plan success?

A strategy planning horizon refers to:

۲۰.If the acquired company has not integrated into the culture of the parent organization and has become an unprofitable drain on corporate resources, what strategy should management execute?

Which one of the following is not an integral part of the managerial process of crafting and executing strategy?

۲۱.The process of implementing the balanced scorecard system is similar to the steps in strategic planning. Which of the following is included in “plan the process”?

۶.A short-term objective is generally completed within:

۲۲.A good vision statement has the following properties:

۷.Which of the following is NOT a part of strategy evaluation?

۲۳.Your firm was an early entrant into the market, and for a time enjoyed first-mover advantages However, the market is now two decades old and you find that your facilities are at this point obsolete relative to your competitors. How would you classify these obsolete facilities in a SWOT analysis?

۸.What is the most important factor contributing to success of a quality management in an organization?

۲۴.HRCI recently signed a long-term labor contract with unionized workers and now has an excellent working relationship between labor and management

۹.Which of the following is an example of strategy development?

۲۵.SWOT analysis summarizes the following:

۱۰.A mission statement does NOT need to include?

۱۱.An organization has a large talent pool would consider this situation a(n)?

۱۲.A Bank’s wholesales business unit decides to expand its market share in the segment of SMEs (small and medium businesses). It is an example of:

۱۳.What is the company’s BEST option for remaining competitive?

۱۴.The company conducts additional market research and determines that it must create new product packaging and a new marketing campaign. The MOST important role that HR can play is to

۱۵.Which of the following describes the competitive strategies of an organization committed to differentiation?

۱۶.The new product is successful in the marketplace; however, the company’s competitors take note of the new product and begin to incorporate similar features into their products. The biggest challenge for the company now is to:

۱. Merging together of two businesses that are at different stages of production is an example of