PHR Human Resources Exam Prep - Question List

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41. The process of maintaining awareness of opportunities and threats is known as
  1. SWOT analysis
  2. Environmental scanning
  3. Strategic planning
  4. Contingency planning
42. In the acronym SMART, M stands for
  1. Marketable
  2. Meaningful
  3. Measureable
  4. Motivational
43. Offshoring refers to
  1. Outsourcing to third party providers whose corporate headquarters are located overseas
  2. Another term for outsourcing
  3. Moving part or all of the functions of a firm overseas, but maintaining corporate governance of those entities
  4. Outsourcing to firms that primarily conduct business at their own worksite
44. A code of ethics will not be effective if
  1. The organization adopts a one-size-fits all approach.
  2. It omits statements relative to how the code will be implemented and upheld.
  3. The CEO does not write the introduction to and/or cover letter accompanying the code.
  4. It includes components that could be perceived as threatening or punitive.
45. All of the following are valuable guidelines for managing a vendor and a relationship with a vendor except
  1. Giving the vendor constructive and positive feedback.
  2. Setting clear and reasonable expectations.
  3. Converting full-time vendors from independent contracts to employee to foster greater esprirt de corps.
  4. Incorporating upside potential and downside risk into your negotiated agreements with vendors.

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