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NEW QUESTION: 1
Which of the following factors typically is most important in successfully implementing sales and operations planning (S&OP)?
A. Involvement and accountability at senior management level
B. Creation of a dedicated S&OP organizational unit
C. Involvement of specialists from all functional groups within an organization
D. Focus on 3 months to 18 months in the future
Answer: A

NEW QUESTION: 2

A. Option A
B. Option D
C. Option B
D. Option E
E. Option C
F. Option F
Answer: E,F

NEW QUESTION: 3

A. Option A
B. Option D
C. Option B
D. Option C
Answer: D

NEW QUESTION: 4
For several months, the management team has been struggling to come to grips with the need for a formal succession plan. About 30 percent of the workforce will reach retirement age within 10 years, and little has been done to prepare for the loss of knowledge in key roles that will occur as employees begin to retire. The team has come to a consensus that what is needed is a comprehensive plan, one that includes a mentor program for each of the key positions, identification of key skills that will need to be replaced, a recruiting strategy that attracts qualified candidates who are looking for longevity, and creating a more open culture. Which of the following can be used to accomplish these goals?
A. Create a succession plan.
B. All of the above.
C. Create a talent-management program.
D. Create a knowledge-management program.
Answer: C
Explanation:
Answer option A is correct.A talent-management program is a comprehensive strategy to workforce management. This approach includes planning for future needs, recruiting qualified candidates, creating compensation and retention strategies, developing employees, managing performance, and cultivating a positive culture. A succession plan
(C) is part of the workforce-planning element of a talent-management program. Knowledge management (D) focuses on building systems that retain corporate knowledge accessible as needed by the organization. Chapter: Core Knowledge Requirements for HR Professionals Objective: Review Questions