CHRP Study – Strategy UPDATED Exam Questions and CORRECT Answers
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Course
CHRP
Institution
CHRP
CHRP Study – Strategy UPDATED Exam
Questions and CORRECT Answers
Survivor - CORRECT ANSWER- Employees remaining with the organization after
downsizing.
Downsizing Strategy - CORRECT ANSWER- Strategy to improve an organizations
efficiency by reducing the workforce, redesigning the work, or...
CHRP Study – Strategy UPDATED Exam
Questions and CORRECT Answers
Survivor - CORRECT ANSWER- ✔✔Employees remaining with the organization after
downsizing.
Downsizing Strategy - CORRECT ANSWER- ✔✔Strategy to improve an organizations
efficiency by reducing the workforce, redesigning the work, or changing the systems of the
organization.
Downsizing - CORRECT ANSWER- ✔✔Activities undertaken to improve organizational
efficiency, productivity, and/or competitiveness that effect the size of the firms workforce, it's
costs, and it's work processes. The planned elimination of jobs.
Workforce Reduction - CORRECT ANSWER- ✔✔A short-term strategy to cut the number of
employees through attrition, early retirement, or voluntary severance packages, and layoffs or
terminations.
Work Redesign - CORRECT ANSWER- ✔✔A medium-term strategy in which organizations
focus on work processes and assess whether specific functions, products, and/or services
should be eliminated.
Systematic Change - CORRECT ANSWER- ✔✔A long-term strategy that changes the
organizations culture and attitudes, and employees values, with the goals of reducing costs
and enhancing quality.
Inplacement - CORRECT ANSWER- ✔✔Re-absorbing excess or inappropriately placed
workers into a restructured organization.
Outplacement - CORRECT ANSWER- ✔✔Providing a program of counselling and job
search assistance for workers who have been terminated.
Procedural Justice - CORRECT ANSWER- ✔✔Procedures/rules used to determine which
employees will be downsized.
, Interactional Justice - CORRECT ANSWER- ✔✔The interpersonal treatment employees
receive during the implementation of the downsizing decision.
Distributive Justice - CORRECT ANSWER- ✔✔The fairness of the downsizing decision.
Psychological Contract - CORRECT ANSWER- ✔✔An unwritten commitment between
employers and their employees that historically guaranteed job security and rewards for loyal
service.
High Involvement Human Resource Management - CORRECT ANSWER- ✔✔A
commitment to HRM practices that treat people as assets.
Key Challenges in International HR - CORRECT ANSWER- ✔✔Workforce diversity,
employment legislation, the role of the HR function, flexibility (the ability to respond to
various demands from a dynamic competitive environment), security.
Strategic International HR Planning - CORRECT ANSWER- ✔✔Projecting global
competence supply, forecasting global competence needs, and developing a blue print to
establish global competence pools within companies.
Strategic International HRM - CORRECT ANSWER- ✔✔HRM issues, functions, policies,
and practices that result from the strategic activities of multinational enterprises and that
affect the international concerns and goals of those enterprises.
Fit - CORRECT ANSWER- ✔✔The degree to which the needs, demands, goals, objectives,
and/or structure of one component are consistent with the need, demands, goals, objectives
and/or structure of another component.
Domestic Strategy - CORRECT ANSWER- ✔✔Internationalizing by export of goods abroad
as a means of seeking new markets.
Multidomestic Strategy - CORRECT ANSWER- ✔✔A strategy that concentrates on the
development of foreign markets by selling to foreign nationals.
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