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SHRM-SCP EXAM 1 WITH COMPLETE SOLUTIONS

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What form of market differentiation is working with conformance standards? Product. Product differentiation is considering the features of a product or the quality of what you are offering. Porter's general strategy of a focus is the following: Providing specific services. The focus ...

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  • September 8, 2024
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  • 2024/2025
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SHRM-SCP EXAM 1 WITH COMPLETE
SOLUTIONS




What form of market differentiation is working with conformance standards? -
ANSWER- Product.

Product differentiation is considering the features of a product or the quality of
what you are offering.

Porter's general strategy of a focus is the following: - ANSWER- Providing
specific services.

The focus aspect is working with very specific things that you want to highlight.

Diversification is a strategy for building a business that entails: - ANSWER-
Selling new products in new markets.

You can use diversification strategies to sell new products to different markets
that you have not yet reached.

Which of these options is suitable for when you want to build your skills? -
ANSWER- Attend HR conferences, Hire a mentor with more experience, and Ask
people to challenge what you are thinking.

Each option allows you to expand your knowledge and challenge yourself.

What does it mean when your employees are purposely working slowly? -
ANSWER- Production deviance.

Production deviance occurs when people work slower than usual on purpose.
These people may be doing this to show they are unhappy with certain conditions
or actions in the workplace.

, What type of business operation occurs when the people in the work environment
operate as investors but don't influence operations? - ANSWER- Limited liability
entity.
Occurs when people are investors without influencing the daily operations in the
workplace.

For what can you use the SMART model? - ANSWER- The SMART points are
about planning goals in the workplace. This includes working with goals that are
specific, measurable, action-based, realistic, and time-based.

What can be said about the Clayton Act? - ANSWER- A strike cannot be broken
by an injunction.

The Clayton Act states that the free market needs to be protected against
monopolies. Therefore, injunctions cannot be used by employers to prevent
strikes.

What should be done regarding performance appraisal? - ANSWER- Review the
employees based on their most important tasks.

The performance appraisal process identifies how well people manage different
tasks in their job.

Paid leave can be used for: - ANSWER- Illnesses, Maternity, Funerals

The Pension Protection Act states that: - ANSWER- Companies that fund
retirement accounts should be held liable, Retirement accounts are to be
protected from possible losses, The process of funding a pensions should be
transparent.

The Sarbanes-Oxley is about: - ANSWER- Protecting shareholders from
accounting errors, Stopping fraud among companies via full disclosures.

The Small Business Job Protection ACt has done all but which of the following? -
ANSWER- Established rules how often people are to receive training.

What makes a goal different from a strategy in the workplace? - ANSWER- A goal
is an end, while the strategy is how you get there.

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