 Show Full file at https://fratstock.eu TRUE/FALSE. Write 'T' if the statement is true and 'F' if the statement is false. 1) Most companies can easily replicate a competitor's capabilities by imitating the competitor's staffing practices. 1) _______ 2) Companies that use the same recruiting techniques are likely to experience similar results. 2) _______ 3) A company pursuing a low-cost strategy is least likely to embrace an asset-based philosophy. 3) _______ 4) Innovative organizations that rely on new product development and organizational flexibility require employees with a narrower range of aptitudes and abilities, while organizations in narrow, relatively stable markets rely on a low-cost strategy. 4) _______ 5) If a company has high turnover, it should focus on filling vacancies quickly and hiring people who can hit the ground running. 5) _______ 6) Viewing employees as an asset to be managed generally leads to a low-cost approach to staffing. 6) _______ 7) Valuing the ideas and contributions of people with diverse ideas and perspectives is a possible component of a company's talent philosophy. 7) _______ 8) When business slows down, flexible workers are dismissed before core workers. 8) _______ 9) An internal talent focus requires a firm to invest in employee training and development. 9) _______ 10) Organizations prefer to hire internally to enhance employee motivation and retention levels. 10) ______ 11) External hiring reduces organizational diversity. 11) ______ 12) Proactive staffing is done in response to situations or issues. 12) ______ 13) An organization evaluating its staffing practices in response to a hiring discrimination lawsuit is an example of proactive staffing. 13) ______ 14) When labor markets are tight and good recruits are hard to find, organizations must pursue talent-oriented staffing. 14) ______ 15) A staffing function is centralized when an organization that has multiple business units has one staffing unit that is responsible for meeting at least some of the needs of all of the company's business units. 15) ______ MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 16) According to the resource-based view of the firm, in order to create value, staffing practices must ________. 16) ______ A) enhance the differentiation of the firm's products B) rapidly create new products or services C) imitate the practices followed by competitors D) maximize the number of applicants who are hired 17) Which of the following, if true, would uphold a company's sustainable competitive advantage in front of rival firms? 17) ______ A) Staffing practices have maximum substitutability. What is a firms talent philosophy and how is it important to staffing?What is a firm's talent philosophy and how is it important to staffing? An organization's talent philosophy is a system of beliefs about how its employees should be acquired and developed. A talent philosophy reflects how an organization thinks about its employees, and is typically shaped by its founders.
What are the 7 components of strategic staffing?The seven component of strategic staffing are:. Workforce planning.. Sourcing talent.. Recruitment talent.. Selecting talent.. Acquiring talent.. Deploying talent.. Retaining talent.. What is job oriented staffing?Position-oriented staffing hires people who are good fits for a particular job that needs to be done. Talent-oriented staffing hires talented people and then finds a place for them in the organization. Organizations often use position-oriented staffing because they have a specific job that needs to be filled.
When a firm pursues a differentiation strategy it is attempting to?Differentiation strategy is a strategy in which an organization seeks to distinguish itself from competitors through the quality of its products or services [31]. According to Porter [30], if product or service is unique, this strategy provides high customer loyalty.
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According to the resource-based view of the firm, in order to create value, staffing practices must
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