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In today’s marketplace, what are the two main reasons why employees choose one job over another job?

Select one:

a. Money and status

b. Money and flexibility

c. Personal growth and a sense of purpose

d. Personal growth and status

e. Peers and flexibility

Question 32

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What hiring principle, often used in manufacturing, refers to a situation in which an organization either trains an existing employee or hires an external employee to fill a position?

Select one:

a. Make or buy

b. Develop or hire

c. Train or select

d. Promote or choose

e. Retain or acquire

Question 33

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In the strategic planning process, what function defines specific measurable results for achieving a business’s goals?

Select one:

a. Vision

b. Mission

c. Objectives

d. Strategies

e. Action Plan

Question 34

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Which of the following statements encompasses the most comprehensive definition of the purpose of a SWOT analysis?

Select one:

a. To conduct an internal and external analysis of a business

b. To determine whether a resource yields a competitive advantage

c. To assess the advantages of external relationships

d. To identify valuable parts of the organization

e. To analyze the external environmental factors that influence company performance

Question 35

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Which of the following terms refers to clear, concise statements that are used to measure organizational actions and performance results?

Select one:

a. Goals

b. Strategies

c. Mission statements

d. Action plans

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