Strategic Management Post Test

10 Questions | Total Attempts: 164

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Strategic Management Quizzes & Trivia

This quiz is designed to test the students knowledge after the presentation on Strategic Management.


Questions and Answers
  • 1. 
    Why have a SHRM student chapter at FSC?
    • A. 

      SHRM provides opportunities for students to network on the local level through student chapters

    • B. 

      SHRM student chapters have regular meetings with scheduled programs designed to help members learn more about HR and the real world of business.

    • C. 

      SHRM is a great way to network and be connected to the business world.

    • D. 

      SHRM membership is a noticeable addition to your resume.

    • E. 

      All the above.

  • 2. 
       Trend analysis is used for?
    • A. 

      Quantitatively forecasting labor demand based on sales.

    • B. 

      Finding trends in the labor demand based on sales.

    • C. 

      Both A and B.

  • 3. 
    Today SHRM has over 250,000 members in over 120 countries
    • A. 

      True

    • B. 

      False

  • 4. 
    When was SHRM founded?
    • A. 

      1970 by Dr. Mary Rogers

    • B. 

      1940 by 10 Human Resource Professionals

    • C. 

      1990 by 20 Human Resource Professionals

    • D. 

      1948 by 28 individuals

  • 5. 
     One of SHRMs goals is to provide the most comprehensive and essential set of resources for human resource management professionals.
    • A. 

      False

    • B. 

      True

  • 6. 
    A measurement framework that helps managers translates strategic goals into operational objectives. What word does the previous statement define?
    • A. 

      Scorecard

    • B. 

      Core Values

    • C. 

      Core Capabilities

    • D. 

      Balanced Scorecard

  • 7. 
    Strategic planning requires what aspect?
    • A. 

      Short term goals

    • B. 

      Neither long term or short term goals

    • C. 

      Long term goals

    • D. 

      Long term and short term goals

  • 8. 
     Strategic Vision is?
    • A. 

      A statement about where the company is going and what it can become in the future. Usually expressed in the company’s mission statement.

    • B. 

      A statement about where the company is going and what it can become in the future; clarifies the long-term direction of the company and its strategic intent.

    • C. 

      A statement about where the company is going and what the company can become in the future. Usually expressed in the company’s vision statement.

    • D. 

      Both a vision and mission statement

  • 9. 
    What is the best definition for Strategic Human Resource Management?
    • A. 

      Procedures for making decisions about the organization's long-term goals and strategies

    • B. 

      The pattern of human resources deployments and activities that enable an organization to achieve its strategic goals

    • C. 

      Strategic goals of a human resource department in a company

    • D. 

      The process of identifying, developing, and tracking key individuals for executive positions

  • 10. 
     What does SWOT stand for?
    • A. 

      Strategies, Weaknesses, Opportunities, Threats

    • B. 

      Strategies, Weaknesses, Options, Tactics

    • C. 

      Strengths, Weaknesses, Options, Threats

    • D. 

      Strengths, Weaknesses, Opportunities, Threats

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