chap02 TB - Chapter 2-Strategic HR Management and Planning...

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Chapter 2—Strategic HR Management and Planning MULTIPLE CHOICE 1. The flawed assumption underlying the creation of the “Job Bank” at GM, Ford and Chrysler in the 1980s was that a. the excess workers could be retrained for new “high tech” positions in the auto plants that would be created as the car manufacturing process was automated. b. the auto unions would trade job training for laid-off workers for reductions in the pension plans for retired auto workers thus reducing the labor cost burden per car. c. the Job Bank would be a temporary benefit to employees who took voluntary severance packages that would be phased out as the manufacturers achieved the optimal workforce size. d. demand for American-made cars would increase and the excess workers could return to their factory jobs. ANS: D PTS: 1 DIF: Challenging REF: p. 35 OBJ: 1 NAT: AACSB Analytic LOC: Strategy TOP: Application 2. _____ refers to organizational use of employees to gain or keep a competitive advantage resulting in greater organizational effectiveness. a. Manpower planning b. Strategic HR management c. HR forecasting d. Operational HR ANS: B PTS: 1 DIF: Easy REF: p. 36 OBJ: 1 NAT: AACSB Reflective Thinking LOC: Strategy TOP: Definitional 3. Which of the following statements is FALSE? 4. In order to add value to the human capital of the organization,
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