Oxford University Press | Online Resource Centre

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Question 1

What is the purpose of a business strategy?

a) To focus attention on failing areas of business practice.

b) To decide on the areas of expansion/retraction.

c) To create a consistent corporate image.

d) To secure and sustain competitive advantage.

Question 2

Which of these models is not a rational planning approach?

a) Corporate-level strategic planning

b) Strategic business unit level strategic planning

c) Processual approach

d) Operational level strategic planning

Question 3

What type of rationality is evident in the processual approach?

a) Instrumental

b) Unbounded

c) Bounded

d) Traditional

Question 4

Which of the following is a 'best fit' approach?

a) Resource-based view

b) The universal approach

c) Competitive-advantage models

d) Bundles and high-performance working practices

Question 5

Which approach that seeks to link strategy, business performance and HRM policies and practices, assumes that there are a number of HRM practices that are suitable for all organizations?

a) Best practice

b) Best fit

c) Resource-based view

d) Life-cycle models

Question 6

Which personnel association uses the idea of bundles of integrated HRM practices?

a) European Association for Personnel Management

b) U.S. Office of Personnel Management

c) Chartered Institute of Personnel and Development

d) Association of Personnel Service Organisations

Question 7

Which country is associated with the universal best practice approach?

a) UK

b) US

c) Germany

d) Norway

Question 8

Which HRM approach does the Bolton Wanderers example illustrate?

a) Universal approach

b) Bundles of integrated HRM practices

c) Life-cycle models

d) Resource based approach

Question 9

Focusing on core competencies means companies have the possibility of generating?

a) Human capital advantage

b) Larger profit margins

c) Better output

d) New staff

Question 10

What is the primary limitation of the resource-based view?

a) It overlooks the significance of the wider environment.

b) It overlooks the importance of the organizations culture.

c) It does not consider the importance of employees.

d) It underestimates the role of line managers.

Oxford University Press, Online Resource Centre, Chapter 02.

Chapter 02

Instructions