True / False Questions
1. The goal of strategic management in an organization is to deploy and allocate resources in a way that provides the company with a competitive advantage.
2. Strategic management is more than a collection of strategic types. It is a process to increase the likelihood of achieving a company's goals.
3. The strategic management process includes two distinct yet interdependent phases: strategy formulation and strategy implementation.
4. Strategic decision makers often pay less attention to the "how to compete" issue, which results in poor strategic decisions.
5. Although one-way linkage does recognize the importance of human resources in implementing the strategic plan, it precludes the company from considering human resource issues while formulating the strategic plan.
6. Untapped labor pools are an example of a strategic opportunity in an organization's operating environment.
7. The responsibility of keeping tabs on the external environment for human resource – related opportunities and threats rests with the top management.
8. Strategic choice is the way an organization attempts to fulfill its mission and achieve its long-term goals.
9. Research has indicated that a majority of companies have fully integrated HRM into the strategy formulation process.
10. HRM has the primary responsibility for three of the five implementation variables: task, people, and reward systems.
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