MULTIPLE CHOICE
1.The organization’s basic purpose and the scope of its operations is called its __________ .
a.strategyc.vision
b.valued.mission
2.A company’s
__________
is defined as thelong-term goals regarding what the organization wants to become and accomplish and describing its image of an ideal future.
a.strategyc.vision
b.valued.mission
3.If an organization uses the principle of taking care of employees to guide its decisions and goals, then this is an example of core __________.
a.strategiesc.visions
b.valuesd.missions
4.Aligning the organization’s human resources to effectively and efficiently accomplish the organization’s strategic goals is called human resource __________.
a.managementc.strategy
b.planningd.forecasting
5.The human resource __________ process reconciles labor supply and demand gaps with action plans designed to help the organization manage anticipated talent surpluses or shortages.
a.managementc.strategy
b.planningd.forecasting
6.__________ planning should be done for the jobs that add the most value to the organization and those that are critical for business strategy execution.
a.Workforcec.Strategic
b.Human resourced.Tactical
7.The __________ is a monthly composite economic index published by the Conference Board and is intended to signal peaks and troughs in the business cycle.
a.leading economic indexc.exchange rate trends
b.consumer confidence indexd.interest rate forecasts
8.The monthly Conference Board
__________
telephone survey asks 1,000 randomly selected adults questions about perceptions of job security and their willingness to spend money.
a.leading economic indexc.exchange rate trends
b.consumer confidence indexd.interest rate forecasts
9.__________ reflect(s) the cost of one country’s currency in terms of another currency.
a.The leading economic indexesc.Exchange rate trends
b.The consumer confidence indexesd.Interest rate forecasts
10.__________ reflect(s) the cost of borrowing money: Higher interest rates make money more expensive to borrow.
a.The leading economic indexesc.Exchange rate trends
b.The consumer confidence indexesd.Interest rate forecasts