56) Which of the following best explains why top HR executives are being paid increasingly
high salaries?
A) A firm’s vision is only effective when HR managers play a strategic role in its development.
B) Effective HR managers increase corporate profitability and organizational performance.
C) Transactional activities are more cost-effective when outsourced by HR.
D) Business strategies developed by HR managers are quantifiable.
57) Strategic human resource management refers to ________.
A) formulating and executing human resource policies and practices that produce the employee
competencies and behaviors the company needs to achieve strategic aims
B) planning the balance of internal strengths and weaknesses with external opportunities and
threats to maintain competitive advantage
C) emphasizing the knowledge, education, training, skills, and expertise of a firm’s workers
D) extending a firm’s sales, ownership, and manufacturing to new markets