Gaining market share by offering the same products as competitors in the same market is which level of strategy?
Correct answer C. Corporate level strategy
Topic / 65 questions
Managers Role in Strategic HRM MCQs
Page 2 of Managers Role in Strategic HRM multiple-choice questions with answers. Tap an option to check yourself.
Page 2 of 4
- Coaching, Careers and Talent Management 193
- Training and Developing Employees 77
- Managers Role in Strategic HRM 65
- Performance Management and Appraisal 63
- Pay for Performance and Financial Incentives 50
- Labor Relations and Collective Bargaining 35
- Introduction to Human Resource Management 33
- Benefits and Services 24
- Job Analysis 21
- Ethics Justice and Fair Treatment 17
- Managing Global Human Resources 13
- Human Resource Planning and Recruiting 11
- Interviewing candidates 10
- Employee Testing and Selection 9
What can a functional strategy also be considered?
Correct answer C. Departmental strategy
Which type of diversification adds new product lines that are unrelated to the firm’s existing business?
Correct answer A. Conglomerate diversification
Advertisement
In SMART goal setting, what does the letter ‘T’ stand for?
Correct answer A. Timely
How many types of strategy are there in strategic planning?
Correct answer A. 3
What is a downside of management by objectives (MBO)?
Correct answer A. Time consuming
In a SWOT analysis, how are cost advantages best classified?
Correct answer A. Potential Strengths
In a SWOT analysis, how is market saturation best classified?
Correct answer D. Potential Threats
Which tool measures a company’s HR maturity in relation to its strategic goals?
Correct answer A. Human Resource Development (HRD) scorecard
Advertisement
Volvo emphasises that its cars are safer than others on the market. This is an example of what?
Correct answer B. Competitive advantage
When a company has a single product line, which strategy is it following?
Correct answer A. Concentration strategy
What is a strategic plan also called?
Correct answer A. Long term plan
On the HRD scorecard scale, what does a score of 10 represent?
Correct answer B. Highest maturity level
Which of the following does competitive strategy include?
Correct answer D. Both A and B
Which plan is usually discussed first in a business plan?
Correct answer C. Marketing plan
Advertisement
Which tool presents a manager with performance graphs and charts?
Correct answer B. Digital dashboard
A company that produces its own raw materials is an example of what?
Correct answer C. Vertical integration
What is it called when a company gains control of a market by acquiring or offering the same products as its competitors?
Correct answer D. Horizontal integration
In a SWOT analysis, how are patents best classified?
Correct answer A. Potential strengths
What are the factors that set a company’s market offering apart from competing products called?
Correct answer B. Competitive advantage