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HRM, strategy and performance MCQ

Which approach to strategy formation is associated with responding to the unpredictability of an organisation’s immediate competitive environment

Answer

Correct Answer: Evolutionary

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The balanced scorecard advocates the assessment of organisational performance according to which four dimensions

Answer

Correct Answer: Financial, customer, process, learning and development

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Under the VRIO framework, which four characteristics of organisational assets are associated with the development of competitive advantage

Answer

Correct Answer: Value, rarity, inimitability, organisation

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HPWS stands for which of the following in HRMSection title

Answer

Correct Answer: High Performance Work Systems

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What approach to HR strategy formation advocates an internal focus as the basis for decision-making

Answer

Correct Answer: Resource-based view

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