In order to do an effective job at strategic planning, managers do all of the following except

In order to do an effective job at strategic planning, managers do all of the following except

CHAPTER 2—HUMAN RESOURCES: STRATEGIC PLANNING

TRUE/FALSE

1.Organizations set procedures for making decisions to achieve those objectives through strategic

planning.

ANS:TPTS:1OBJ:2-1 TYPE: K

2.Human Resource Planning (HRP) is the conducting of recruitment and selection methods according to

a strategic plan.

ANS:FPTS:1OBJ:2-1 TYPE: K

3.Strategic HRM is a combination of strategic planning and HR planning.

ANS:TPTS:1OBJ:2-1 TYPE: K

4.The first step in strategic planning is establishing a mission, vision, and values for the organization.

ANS:TPTS:1OBJ:2-1 TYPE: K

5.The vision is the basic purpose of the organization.

ANS:FPTS:1OBJ:2.1 TYPE: K

6.Organizational core values form the foundation of a firm’s decisions.

ANS:TPTS: 1OBJ:2.1 TYPE: U

7.Changes in labor supply can place limits on the strategies available to firms.

ANS:TPTS:1OBJ:2-2 TYPE: U

8.Internal analysis provides strategic decision makers with an inventory of organizational skills and

resources.

ANS:TPTS:1 OBJ:2-3 TYPE: K

9.Internal analysis focuses on culture and conflicts with an organization.

ANS:FPTS:1OBJ:2-3 TYPE: A

10.A cultural audit may examine the attitudes and expectations of the employees.

ANS:TPTS:1OBJ:2-3 TYPE: U

11.Strategic planning is the process of anticipating and providing for the movement of people into, within,

and out of an organization.

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What does effective strategic planning require quizlet?

Effective strategic planning requires the support and participation of top management.

Which of the following is most likely a strategic goal of a business?

The goal of a business's strategy is to maximize an organization's value for its shareholders within a given period.

Which step is the first step of the strategic planning process?

The situation analysis is the first step in strategic planning. It involves the gathering of information, both internally and externally, to provide insights into issues related to a business's employees, customers, competitors and industry.

What is the role of the manager in the strategic planning process quizlet?

In the strategic planning process, the role of the manager is to use the information provided in the SWOT analysis to identify specific strategies that my be worthy of pursuit either to grow the organization or to protect current areas of strength.