SHRM SCP Exam Questions And Answers

SHRM SCP Exam Questions And Answers SMART - ANS Specific, Measurable, Attainable, Relevant, Timebound Extraterritoriality - ANS Extends the power of a country's laws over it citizens outside that country's sovereign national boundaries. Porter's "Five Forces" - ANS 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 Layer of Culture - ANS Basic assumptions (implicit culture), norms and values, artifacts and products (explicit culture) Due process - ANS Concept that laws are enforced through accepted, codified procedures Histogram - ANS 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 - ANS 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 - ANS 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 - ANS Which growth strategy is commonly used to accelerate path to globalization? Impoverished Manager - ANS 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 - ANS Refers to the degree of confidence, trust, and respect that followers have in their leadership. Environmental Scanning - ANS 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 - ANS 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 - ANS 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 - ANS Calculated at various stages in recruitment as well as at the end. Example is qualified applicants/total applicants Assessment Centers - ANS 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 - ANS 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 - ANS 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 - ANS IT solutions each support different HR function, multiple vendors are necessary to manager multiple HR functions.