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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
Competitive advantage refers to the unique factors that enable a product to stand out from others in the marketplace. While positioning relates to how a product is perceived, competitive advantage specifically highlights the distinguishing features that give it an edge over competitors.
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