MGT 345 EXAM #1 STUDY GUIDE (DANIEL GOERING) - FALL 2026 UPDATE | QUESTIONS
AND ANSWERS | WITH COMPLETE SOLUTION
What term is used to describe a technique that combines the results of several studies by creating a
weighted average of the correlations found between a particular independent and dependent variable?
- (answer)Meta-analysis
Which of the following most accurately reflects the relationship between counterproductive behavior
and citizenship behavior? - (answer)Negative / Strong
What are the two perspectives for conceptualizing whether an organization is "successful" or not? -
(answer)Life-cycle Model
Stakeholder Perspective
What is the role of HRM across the various organizational life cycle stages? - (answer)changes
organizations experience as they grow and mature (planning, growth, maturity, and decline)
Who are the various stakeholders and how do HR practices impact them? - (answer)employees / HR
/payroll / IT / accounting / SMEs / board / suppliers&vendors / investors / government and business
owner(s)
Recognize and describe what each main HRM function is - (answer)1. Business Management
- Working with other parts of the organization to good decisions concerning how to produce high-quality
goods and services
2. Talent Planning and Acuisition
- Identifying jobs that capture employee tasks; recruiting and selecting desirable employees while
following applicable laws
3. Learning and Development
- Implementing and evaluating training programs designed to help employees grow and improve
4. Total Rewards
- Paying employees fairly; administering benefits such as insurance in accordance with applicable laws
5. Employee and Labor Relations
- Establishing and managing relationships between the company and employees
, MGT 345 EXAM #1 STUDY GUIDE (DANIEL GOERING) - FALL 2026 UPDATE | QUESTIONS
AND ANSWERS | WITH COMPLETE SOLUTION
Recognize and describe the various HR roles - (answer)1. Functional Expert
- Short term / processes
- providing technical expertise related to hiring and motivating employees
2. Employee Advocate
- Short term / people
- listen to employees and provide them with the resources they need to be effective
3. Strategic Partner
- Longterm / processes
- work with other organizational leaders to put company strategy into action
4. Human Capital Developer
- longterm / people
- focuses on helping employees improve their skills
What are the main trends affecting HR which your book identifies? - (answer)Population trends
Labor force trends
Employment trends
Trends in education and training
Globalization trends
Name and describe the 5 basic business-level strategies (according to Harvard professor Michael Porter)
- (answer)1. Focused Cost Leadership
2. Focused Differentiation
3. Cost Leadership
4. Differentiation
5. Integrated cost leadership/differentiation
How is strategy formulated (what are the steps)? What is the role of a SWOT analysis in this process? -
(answer)1. Gather information
AND ANSWERS | WITH COMPLETE SOLUTION
What term is used to describe a technique that combines the results of several studies by creating a
weighted average of the correlations found between a particular independent and dependent variable?
- (answer)Meta-analysis
Which of the following most accurately reflects the relationship between counterproductive behavior
and citizenship behavior? - (answer)Negative / Strong
What are the two perspectives for conceptualizing whether an organization is "successful" or not? -
(answer)Life-cycle Model
Stakeholder Perspective
What is the role of HRM across the various organizational life cycle stages? - (answer)changes
organizations experience as they grow and mature (planning, growth, maturity, and decline)
Who are the various stakeholders and how do HR practices impact them? - (answer)employees / HR
/payroll / IT / accounting / SMEs / board / suppliers&vendors / investors / government and business
owner(s)
Recognize and describe what each main HRM function is - (answer)1. Business Management
- Working with other parts of the organization to good decisions concerning how to produce high-quality
goods and services
2. Talent Planning and Acuisition
- Identifying jobs that capture employee tasks; recruiting and selecting desirable employees while
following applicable laws
3. Learning and Development
- Implementing and evaluating training programs designed to help employees grow and improve
4. Total Rewards
- Paying employees fairly; administering benefits such as insurance in accordance with applicable laws
5. Employee and Labor Relations
- Establishing and managing relationships between the company and employees
, MGT 345 EXAM #1 STUDY GUIDE (DANIEL GOERING) - FALL 2026 UPDATE | QUESTIONS
AND ANSWERS | WITH COMPLETE SOLUTION
Recognize and describe the various HR roles - (answer)1. Functional Expert
- Short term / processes
- providing technical expertise related to hiring and motivating employees
2. Employee Advocate
- Short term / people
- listen to employees and provide them with the resources they need to be effective
3. Strategic Partner
- Longterm / processes
- work with other organizational leaders to put company strategy into action
4. Human Capital Developer
- longterm / people
- focuses on helping employees improve their skills
What are the main trends affecting HR which your book identifies? - (answer)Population trends
Labor force trends
Employment trends
Trends in education and training
Globalization trends
Name and describe the 5 basic business-level strategies (according to Harvard professor Michael Porter)
- (answer)1. Focused Cost Leadership
2. Focused Differentiation
3. Cost Leadership
4. Differentiation
5. Integrated cost leadership/differentiation
How is strategy formulated (what are the steps)? What is the role of a SWOT analysis in this process? -
(answer)1. Gather information
