40.Which of the following statements is true of human capital? 41.In a learning organization, improvements in product or service quality stop when formal training is completed.
Chapter 2 1.Learning organizations emphasize that learning occurs not only at the individual employee level but also at the group and organizational levels. 2.Line managers spend lesser time managing individual performance and developing employees than midlevel managers or executives do. 3.Which of the following is true of the corporate university model? 4._____ refers to the company's decisions regarding where to find employees, how to select them, andthe desired mix of employee skills and statuses. 5.Business-level outcomes chosen to measure the overall value of training or learning initiatives are referred to as _____. 6.A centralized training function not only hampers the streamlining of processes but also denies the company a cost advantage in purchasing training from vendors and consultants. 7.Uniqueness refers to: 8.Companies adopting the _____ strategy need to train employees in job-search skills and to focus on cross-training remaining employees. 9.Companies that adopt state-of-the-art HRM practices that contribute to business strategy tend to demonstrate no higher level of performance than firms that do not. 10.In learning organizations, there is an understanding that failure provides important information. 11.In _____, financial and other resources are not available for development so companies tend to rely on hiring talent from the external labor market. 12.Uniqueness refers to employee potential to improve company effectiveness and efficiency.
13.Skill-based pay systems base employees' pay rates on what skills they are using for their current jobs rather than the number of skills they are competent in. 14.GreenTel, a telecom giant, has been using the service of Orpheus Inc. for training its employees. According to a deal signed by the two companies, Orpheus Inc. is not only responsible for training GreenTel's employees but also for providing comprehensive administrative services to the telecom giant. In this instance, GreenTel engages in _____.
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- Management, trainee, following statements, A.