Dionne,the HR Manager,has Been Asked to Share Issues in the Strategy

question 36

Multiple Choice

Dionne,the HR manager,has been asked to share issues in the strategy formulation process.How do you know this is part of a two-way linkage?

• A)The strategic planning function and the human resource management function are interdependent.
• B)The two-way linkage level is the lowest level of integration.
• C)The human resource management executive has no time to take a strategic outlook toward human resource issues.
• D)The human resource function is limited to monitoring day-to-day activities.
• E)The strategic planning function and the human resource management function are completely dependent.

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Definitions:

Average Accounting Returns

A financial ratio that measures a firm's average profitability relative to its investment, typically calculated as net income divided by average book value of investment.

Project

A systematically planned group of tasks that are interdependent, meant to be executed within a fixed timeframe whilst respecting certain financial and additional limits.

Mutually Exclusive Projects

Projects in which the acceptance of one proposal means the others cannot be pursued, requiring a choice to be made.

Capital Budgeting Analyses

The process of evaluating investment opportunities and deciding which capital expenditures will provide the most value over time.