Peregrine Exam Day 12 Questions and Verified
Answers| 100% Correct| Grade A+
Strategic Human Resource Management - ✔✔The process by which managers design the components
of an HRM system to be consistent with each other, with other elements of organizational architecture,
and with the organization's strategy and goals.
core knowledge - ✔✔innate, skeletal conceptual structures that develop early and easily,
without instruction, and are universal, but may require experience to fine-tune
Succession Planning - ✔✔the process of identifying and tracking high-potential employees who will
be able to fill top management positions when they become vacant
organizational structure - ✔✔the ways in which power and authority are distributed within
an organization
contract labor system - ✔✔a system under which inmates' labor was sold on a contractual basis to
private employers who provided the machinery and raw materials with which inmates made
salable products in the institution
Delphi Technique - ✔✔A decision-making technique in which group members do not meet face-to-
face but respond in writing to questions posed by the group leader.
Forecasting - ✔✔method for predicting how variables will change the future
Strategy Formulation Process - ✔✔1. identify company mission and goals
2. identify core competency and value-creating activities
3. formulate strategies
Answers| 100% Correct| Grade A+
Strategic Human Resource Management - ✔✔The process by which managers design the components
of an HRM system to be consistent with each other, with other elements of organizational architecture,
and with the organization's strategy and goals.
core knowledge - ✔✔innate, skeletal conceptual structures that develop early and easily,
without instruction, and are universal, but may require experience to fine-tune
Succession Planning - ✔✔the process of identifying and tracking high-potential employees who will
be able to fill top management positions when they become vacant
organizational structure - ✔✔the ways in which power and authority are distributed within
an organization
contract labor system - ✔✔a system under which inmates' labor was sold on a contractual basis to
private employers who provided the machinery and raw materials with which inmates made
salable products in the institution
Delphi Technique - ✔✔A decision-making technique in which group members do not meet face-to-
face but respond in writing to questions posed by the group leader.
Forecasting - ✔✔method for predicting how variables will change the future
Strategy Formulation Process - ✔✔1. identify company mission and goals
2. identify core competency and value-creating activities
3. formulate strategies
