Exam (elaborations)
SHRM SCP Questions And Answers Latest Update
- Course
- Institution
SHRM SCP Questions And Answers Latest Update
[Show more]
Content preview
SHRM SCP Questions And Answers Latest UpdateSMART - correct answers Specific, Measurable, Attainable, Relevant, Timebound
Extraterritoriality - correct answers Extends the power of a country's laws over it citizens outside that country's
sovereign national boundaries.
Porter's "Five Forces" - correct answers Framework was originally designed to identify industries that were likely to be
profitable and would provide a roi. Threat of substitution, entry, bargaining power of suppliers, bargaining power of
buyers, rivalry among competitors( influenced by all 4)
Schein's Lauer of Culture - correct answers Basic assumptions (implicit culture), norms and values, artifacts and products
(explicit culture)
Due process - correct answers Concept that laws are enforced through accepted, codified procedures
Histogram - correct answers Graphically depicts the sorting of data into groups arranged in the shape of a statistical
distribution, showing a central tendency and dispersion around that tendency.
Scatter Diagram - correct answers Plots data points against two variables that form the chart's x and y axes. Each axis is
scaled. The pattern formed by the plotted data describes the correlation between the two variables.
Rule of Law - correct answers No individual is beyond the reach of the law and the authority is exercised only in
accordance with written and publicly disclosed laws
Alliances, partnerships and acquisitions - correct answers Which growth strategy is commonly used to accelerate path to
globalization?
Impoverished Manager - correct answers Detached from the team process, forcing the team to struggle on its own. The
impoverished manager is committed to nether task nor people. Part of Blake-Mouton's behavioral leadership theory.
, Leader-member relations - correct answers Refers to the degree of confidence, trust, and respect that followers have in
their leadership.
Environmental Scanning - correct answers Process that systematically surveys and interprets relevant data, such as
economic trends, to identify external opportunities and threats. This process is conducted to assess how these factors
affect the organization currently and how they will affect the organization in the future
Strategic alliance - correct answers Is a formal agreement between two or more companies to collaborate resources but
not equity. Create synergy based on the partners' strengths and technical capabilities.
Joint Venture - correct answers An agreement between two or more partners to create a new economic entity. Both
contribute to equity and share in revenues, expenses and control
Yield Ratio - correct answers Calculated at various stages in recruitment as well as at the end. Example is qualified
applicants/total applicants
Assessment Centers - correct answers A method of evaluating candidates who are presented with content-valid
workplace situations to which they respond and who are then evaluated on their responses
Geocentric - correct answers approach ignores nationality in favor of ability and seeks the best people for key jobs.
Staffing policies in an organization with a geocentric focus maximize the long-term strength of the global organization
Managerial Estimates - correct answers Consist of projections made by the managers. This works in two ways: from the
down or the bottom up. The success of this method is entirely dependent upon the quality of info provided to managers
to use in making estimates a
Best of Breed - correct answers IT solutions each support different HR function, multiple vendors are necessary to
manager multiple HR functions.
Risk Register - correct answers Documents risks that been identified, assessments, management strategy, and
individuals responsible for implementing and monitoring the strategy. While it may include information about key risks
indicators that signal increasing risk, it is not a process used to identify these indicators. Help create transparency and
accountability.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Schoolflix. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $14.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
73314 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now