Chapter: 1
LO: 1.1: Answer the questions, "What is human resource management?" and "Why is knowing HR management concepts and techniques important to any supervisor or manager?"
Skill: Synthesis
52) What duties are required of most HR managers? How have the duties of HR managers changed from 30 years ago?
Answer: Most HR managers conduct job analyses, recruit job candidates, train employees, compensate employees, and communicate with employees and other managers. Modern HR managers are expected to have the ability to understand and apply information with which to contribute to the organization's strategic plan.
Diff: 3
AACSB: Application of knowledge
Chapter: 1
LO: 1.1: Answer the questions, "What is human resource management?" and "Why is knowing HR management concepts and techniques important to any supervisor or manager?" 1.4: Outline the plan of this book.
Skill: Synthesis
53) Employers are dependent on all of the following EXCEPT ________.
A) their workers' knowledge
B) their workers' education
C) their workers' nationality
D) their workers' training
Answer: C
Explanation: One big consequence of globalization and of economic and technological trends is that employers are more dependent on their workers' knowledge, education, training, skills, and expertise—on their "human capital."
Diff: 3
AACSB: Application of knowledge
Chapter: 1
LO: 1.2: Describe with examples what trends are influencing human resource management.
Skill: Application
54) ________ refers to companies extending their sales, ownership, and/or manufacturing to new markets abroad.
A) Market development
B) Globalization
C) Export growth
D) Diversification
Answer: B
Explanation: Globalization refers to companies extending their sales, ownership, and/or manufacturing to new markets abroad. Firms usually expand globally to expand sales, cut labor costs, or form partnerships with foreign firms.
Diff: 1
Chapter: 1
LO: 1.2: Describe with examples what trends are influencing human resource management.
Skill: Concept
55) Which term refers to exporting jobs to lower-cost locations abroad?
A) compensating
B) benchmarking
C) offshoring
D) warehousing
Answer: C
Explanation: The search for greater efficiencies is prompting employers to offshore (export) more jobs to lower-cost locations abroad. Many firms transferred operations abroad, not just to seek cheaper labor but to tap new markets. The search for greater efficiencies prompted some employers to offshore (export jobs to lower-cost locations abroad).
Diff: 1
Chapter: 1
LO: 1.2: Describe with examples what trends are influencing human resource management.
Skill: Concept
56) Which of the following is NOT a trend facing human resource managers today?
A) increasing age of the workforce
B) increasing diversity in the workforce
C) increasing number of younger workers
D) increasing number of women
Answer: C
Explanation: The composition of the workforce will continue to change over the next few years; specifically, it will continue to become more diverse with more women, minority group members, and older workers in the workforce. The percentages of younger workers will fall.
Diff: 3
Chapter: 1
LO: 1.2: Describe with examples what trends are influencing human resource management.
Skill: Concept
57) Which of the following describes the most significant demographic trend facing the U.S. workforce?
A) decreasing number of contingent workers
B) increasing number of blue-collar workers
C) decreasing number of bilingual workers
D) increasing number of older workers
Answer: D
Explanation: One of the most significant demographic trends facing the U.S. workforce is the increasing number of aging workers, who are those over age 55. There are not enough younger workers to replace the projected number of baby-boom era older-worker retirees. As a result, many retirees are returning to the workforce.
Diff: 3
Chapter: 1
LO: 1.2: Describe with examples what trends are influencing human resource management.
Skill: Concept
58) Which of the following statements best explains why employers are expecting a severe labor shortage in the next few years?