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Exam (elaborations)

SHRM-CP Exam 2024

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  • Module
  • SHRM-CP
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  • SHRM-CP

What is PEST Analysis? - answer-A business analysis strategy that stands for "political, economic, socio-cultural, and technological What is an Organizational Lifecycle? - answer-An Organizational Lifecycle is the life cycle of an organization from creation to termination. (It also refers to the...

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  • November 3, 2024
  • 6
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • SHRM-CP
  • SHRM-CP
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SHRM-CP Exam 2025
What is PEST Analysis? - answer-A business analysis strategy that stands for
"political, economic, socio-cultural, and technological

What is an Organizational Lifecycle? - answer-An Organizational Lifecycle is the life
cycle of an organization from creation to termination. (It also refers to the expected
sequence of events experienced by an organization.)

What is Standardization? - answer-An organizational lifecycle that features efforts to
maximize efficiency out of every existing element of the business.

What is a Fishbowl Activity? - answer-A Fishbowl Activity is when a group of learners
sit in the center of a circle debating or discussing a topic while the remaining
learners observe the discussion.

What is a Round Robin learning method? - answer-A Round Robin learning method
is when participants compete against every other participant to answer a question
of complete a task. Failure to win one of the competitions may result in elimination.

What is a T-group learning method? - answer-A T-group learning method is when a
group of people investigate and explore patterns of authority and communication
amongst themselves.

What is a Role-Playing learning method? - answer-A Role-Playing learning method is
an activity where participants assume and act out roles to resolve conflicts or
practice appropriate behavior for various situations.

What is Behavioral Engagement? - answer-Behavioral engagement is evident effort
employees put into their job. (This leads to greater value, creating higher
performance compared to less engaged employees.)

What is an Employee Opinion Survey? - answer-An Employee Opinion Survey is a
survey that is designed to measure important data on specific issues that the
employer may be evaluating or considering.

What is an Employee Attitude Survey? - answer-An Employee Attitude Survey is a
survey that attempts to determine employee perceptions on topics such as the
quality of management and the effectiveness of compensation and benefits
programs.

What is an Employee Engagement Survey? - answer-An Employee Engagement
Survey is a survey that focuses on the employee level of satisfaction, commitment,
and morale.

What is a Quality of Work-Life Issues Survey? - answer-A Quality of Work-Life Issues
Survey is a survey that focuses on identifying how significant work-life issues may
adversely affect job performance.

, What are the 4 stages of an Organizational Lifecycle? - answer-Introduction,
Standardization, Maturity, and Decline.

What is a SWOT Analysis? - answer-A SWOT analysis is a simple and effective
process for assessing an organization's strategic capabilities in comparison to the
threats and opportunities identified as part of the analysis. (Stands for Strengths,
Weaknesses, Opportunities, and Threats.)

What is the purpose of a Mission Statement? - answer-A mission statement's
purpose is to specify the activities an organization intends to pursue, and the course
management has charted for the future. It is a concise statement of strategy.

What is a Values Statement? - answer-A Values Statement is a statement that often
dictates employee behavior.

What is a Vision Statement? - answer-A Vision Statement is a statement that
provides an ultimate picture of what an organization's management envisions for
the future.

What is a Balance Scorecard Approach? - answer-A Balance Scorecard approach is
when an organization identifies their key performance indicators to make sure that
the objectives used to measure performance are strategically aligned to the various
sources of value to the corporation.

What is a Balance Sheet Analysis? - answer-A Balance Sheet Analysis is a statement
that reports a financial picture of an organization at a specific point in time, showing
assets, liabilities, and shareholder equity.

What is a Blue Ocean Strategy? - answer-A Blue Ocean strategy is a strategy that
generates competitive advantage by creating a new marketplace opportunity in
which there are no competitors. (Ex: When Uber was invented. Innovation.)

What is an HR Generalist? - answer-An HR Generalist is an HR professional who is a
"jack of all trades." A generalist is usually the first point of contact for employees
and supervisors on a wide variety of HR issues.

What is a Six Sigma Black Belt? - answer-A Six Sigma Black Belt is a project leader.

What is a Six Sigma Green Belt? - answer-A Six Sigma Green Belt is an employee.

What is a Six Sigma Master Black Belt? - answer-A Six Sigma Master Black Belt is a
quality leader who supervises the work of Green Belts.

What is an MBO? - answer-An MBO is a type of performance appraisal where the
employee sets objectives for themselves that are aligned to the company strategy.
The objectives must be measurable. (Stands for Management by Objectives.)

Globally, what is the most common type of employment relationship? - answer-
Contractual.

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