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5.0
TALENT ACQUISITION TEST 1
QUESTIONS LATEST 2024-2025 AND
CORRECT DETAILED ANSWERS
(VERIFIED ANSWERS) |ALREADY
GRADED A+
Talent Acquisition
✓ ANS: a series of strategic steps that businesses use to find and hire the
highest quality candidates for openings within their organization.
Why is talent acquisition critical?
✓ ANS: Competitive advantage (HR does not directly bring in revenue,
just sets up the organization for success)
Strategic staffing
Examstudy - Stuvia US | Wednesday, 18 December 2024
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✓ ANS: -Productive, proactive, planning ahead (tech change), consider
the labor market
✓ -Ex. customer service jobs being replaced with software
✓ -Looking at specific skills
Components of Strategic Staffing
✓ ANS: -Planning/forecasting
✓ -Sourcing and recruiting
✓ -Selecting and acquiring (most qualified)
✓ -Managing and developing (feedback)
✓ -Retaining (employee wellness)
Outcomes of strategic staffing
✓ ANS: -high retention
✓ -speed of promotion
✓ -moving up within the company
✓ -higher performance
✓ -HR satisfaction
✓ -applicants of quality
✓ -time
✓ -cost
Business strategy
Examstudy - Stuvia US | Wednesday, 18 December 2024
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✓ ANS: how your company is going to compete in the workplace
Competitive advantage
✓ ANS: what gives you the edge over competitors
Sources of competitive advantage
✓ ANS: innovation (apple), first to market (apple), location (walgreens),
price (aldi), reputation (chick fil a), marketing (barbie movie),
technology, speed (amazon), brand loyalty (apple), quality (rolex),
service (chick fil a), distribution
Strategy Type: cost leadership
✓ ANS: -operational excellence
✓ -low cost
Strategy Type: differentiation
✓ ANS: -product
✓ -innovation
Strategy Type: focus (specialization)
✓ ANS: niche market
Examstudy - Stuvia US | Wednesday, 18 December 2024
5.0
TALENT ACQUISITION TEST 1
QUESTIONS LATEST 2024-2025 AND
CORRECT DETAILED ANSWERS
(VERIFIED ANSWERS) |ALREADY
GRADED A+
Talent Acquisition
✓ ANS: a series of strategic steps that businesses use to find and hire the
highest quality candidates for openings within their organization.
Why is talent acquisition critical?
✓ ANS: Competitive advantage (HR does not directly bring in revenue,
just sets up the organization for success)
Strategic staffing
Examstudy - Stuvia US | Wednesday, 18 December 2024
,| OnlineExams | TestPrep | StudyResources | AcademicSuccess | ExamPreparation | QuizTime | LearningTools | Education | StudentSupport
5.0
✓ ANS: -Productive, proactive, planning ahead (tech change), consider
the labor market
✓ -Ex. customer service jobs being replaced with software
✓ -Looking at specific skills
Components of Strategic Staffing
✓ ANS: -Planning/forecasting
✓ -Sourcing and recruiting
✓ -Selecting and acquiring (most qualified)
✓ -Managing and developing (feedback)
✓ -Retaining (employee wellness)
Outcomes of strategic staffing
✓ ANS: -high retention
✓ -speed of promotion
✓ -moving up within the company
✓ -higher performance
✓ -HR satisfaction
✓ -applicants of quality
✓ -time
✓ -cost
Business strategy
Examstudy - Stuvia US | Wednesday, 18 December 2024
, | OnlineExams | TestPrep | StudyResources | AcademicSuccess | ExamPreparation | QuizTime | LearningTools | Education | StudentSupport
5.0
✓ ANS: how your company is going to compete in the workplace
Competitive advantage
✓ ANS: what gives you the edge over competitors
Sources of competitive advantage
✓ ANS: innovation (apple), first to market (apple), location (walgreens),
price (aldi), reputation (chick fil a), marketing (barbie movie),
technology, speed (amazon), brand loyalty (apple), quality (rolex),
service (chick fil a), distribution
Strategy Type: cost leadership
✓ ANS: -operational excellence
✓ -low cost
Strategy Type: differentiation
✓ ANS: -product
✓ -innovation
Strategy Type: focus (specialization)
✓ ANS: niche market
Examstudy - Stuvia US | Wednesday, 18 December 2024
