The Reason That Cooperation Between Operating Managers and HR Staff

question 99

Multiple Choice

The reason that cooperation between operating managers and HR staff is necessary for HR efforts to succeed is that

• A) HR professionals see the "coarse-grained picture" of organizational strategy while operating managers see the "fine-grained picture" of daily production.
• B) HR designs processes that the operating managers must help implement.
• C) HR professionals must implement processes that have been designed by top management and which impact operating managers.
• D) HR professionals must react swiftly to initiatives created by operating managers.

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Definitions:

Consolidated Balance Sheet

A financial statement that presents the assets, liabilities, and equity of a parent company and its subsidiaries as one single entity.

Fair Market Value

The price at which an asset would be exchanged between a willing buyer and seller in an arm's length transaction.

White Knight

A friendly investor or company that acquires a corporation at fair consideration, often to rescue it from a hostile takeover.

Takeover

A corporate action where one company acquires control over another company, either through a direct purchase of its shares or by agreement.