The Purpose of the Strategic Human Resource Process Is to

question 95

Multiple Choice

The purpose of the strategic human resource process is to

• A)maintain a stable workforce for the minimum expense.
• B)inform the grand strategy.
• C)formulate human resource-sensitive strategic plans.
• D)find the human resources needed in a timely fashion.
• E)get optimal work performance to help realize company's mission and vision.

Recognize the pivotal role of leadership orientation in managing rapid venture growth.

Identify the critical challenges and probable crises at various stages of entrepreneurial transition.

Understand the importance and mechanisms of equity and compensation in motivating key individuals within a venture.

Appreciate the concepts and strategic implications of ownership structure and advisory roles in venture development.

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Definitions:

Normative Influence

Social influence leading individuals to conform in order to be accepted or liked by a group, following the group's norms and expectations.

Group Polarization

The phenomenon whereby a group's dominant viewpoint becomes stronger or more extreme after group discussions.

Nonverbal Communication

The process of conveying a message without the use of words, which may include facial expressions, body language, gestures, and tone of voice.

Selective Perception

The process by which individuals perceive what they want to in media messages while ignoring opposing viewpoints.