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- Subject
- Managers Role in Strategic HRMhrm-mcqs › managers-role-in-strategic-hrm
- Published
- 27 Sept 2021
- Last updated
- 28 May 2026
Explanation
Option A refers to combining companies or resources. Option B involves growing by acquiring or merging with competitors in the same industry. Option C emphasizes offering products or services at the lowest cost to gain competitive advantage. Option D suggests all listed strategies apply. Wal-Mart's slogan highlights their cost leadership approach.
More Managers Role in Strategic HRM MCQs
Practice related questions from the same subject.
- 1.Which dimension of HRD is assessed through the creation and use of a questionnaire?
- 2.Which metric evaluates the extent to which HRD initiatives contribute to achieving organizational business objectives?
- 3.What term describes the process of putting strategies into practice?
- 4.What is the second phase in the planning process?
- 5.The fact that 'Asian Paints' conducts business in 18 different nations is an example of which strategy?
- 6.How can an organization convert its mission into strategic goals?
- 7.How is 'market leadership' best categorized in a SWOT analysis?
- 8.What term describes enhancing organizational efficiency by implementing strategic HR policies and practices?
More in HRM Mcqs
- Benefits and Services
- Coaching, Careers and Talent Management
- Employee Testing and Selection
- Establishing Strategic Pay Plans
- Ethics Justice and Fair Treatment
- Human Resource Planning and Recruiting
- Interviewing candidates
- Introduction to Human Resource Management
- Job Analysis
- Labor Relations and Collective Bargaining
- Managing Global Human Resources
- Pay for Performance and Financial Incentives
- Performance Management and Appraisal
- Training and Developing Employees