This quiz covers the material from Anne Bogardus' book; PHR/SPHR Study Guide. The quiz only covers material from the beginning of chapter #3 to pp#113. I will add to this when I can, so all of chapter #3 material is covered. Good luck!
Secure Exchanged Credits
Silicon Exchanged Credits
Securities and Exchange Commission
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Economic environment
Labor pool
Technological developments
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Leadership
Marketing
Professional Development
Accounting
Employee Recognition
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Technological developments
Industry changes
Economic environment
Labor pool
Legal and regulatory activity
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Corporations
Partnerships
Sole proprietorships
Limited liability companies
Limited slip organizatons
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False
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There is plenty of bureaucracy and inefficiencies
Organizations may reduce the workforce and/or close plants
Products and services are the most competitive in this phase
The general trend in sales is downward
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Production and Operations
Sales and Marketing
Fleet Management
Research and Development
Information Technology
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As Subject Matter Experts (SMEs)
They develop the organization's strategic plan
They create the "implementation plan" after the strategic plan is created
They decide on how to distribute the assets in order the meet the plan's goals
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Can offer at or above market salary and benefits
May engage in outsourcing as an alternative to internal functions
There are many layers of management
Training and development is key in this stage
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Strategy
Industry
Objective
Goal
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External Business Environment
Internal Business Operations
Interior Business Forces
Exterior Forces
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1970
1972
1975
1978
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HR provides a training program to enhance employee engagement
Managers actively groom their subordinates
The Sales department gets a new microwave for their work area
Employees get new calendars each year
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Founders are no longer able to manage the organization on their own
Morale gets a boost due to the new management that is hired
Compensation becomes more competitive
Outsourcing may still be needed for some functions
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The organization remains nimble, able to change course easily
Can hire less experienced personnel
Training and development is not widely used
Bureaucracy becomes a possible issue at this phase
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1932
1934
1936
1938
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Marketing
Operations
Information Technology
Finance
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Informal partnership
Limited partnership
Formal partnership
Joint venture
General partnership
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Environmental Planning
Strategy Implementation
Strategy Formulation
Environmental Evaluation
Strategy Evaluation
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False
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Long range goals
Mid range goals
Short range goals
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Mission statement
Objective statement
Vision statement
Core value statement
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Finance and Accounting
Project Management
People/Employees
Leadership
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Quiz Review Timeline (Updated): Jun 3, 2024 +
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