Additional Case 1.2 As the Manager of HR of an Old, Established Company

question 4

Multiple Choice

Additional Case 1.2
As the manager of HR of an old, established company, you are leading the management team in a strategic planning session. During the planning session, managers are being forced to think about the future, see the likely changes in the marketplace, and make plans to use company resources to enhance their competitive edge.
-Refer to Additional Case 1.2.The HR strategies suggested are examples of:

• A) intended strategies.
• B) emergent strategies.
• C) diversification strategies.
• D) business unit strategies

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Definitions:

Fiscal Policy

Alterations in expenditure and taxation by the government to control and impact the country's economic conditions.

National Debt

The sum of funds a nation's government has accumulated in debt, often due to spending more than its budget allows.

GDP

Gross Domestic Product represents the overall market value of all end products and services made inside a nation over a certain timeframe.

Economic Stimulus Package

A package of economic measures put together by a government to stimulate a floundering or stagnant economy and help it recover.