Business Management and Strategy

Name some External Business Environment factors (5)

Internal Org:
Sole Proprietorships

Internal Org:
Partnerships

Internal Org:
General Partnership (GP)

Internal Org:
Limited Partnership (LP) aka Limited Liability Partnership (LLP)

Internal Org:
Joint Venture (JV)

Internal Org:
Corporations

Internal Org:
Limited Liability Company (LLC)

Org. Functions:
Production & Operations

Production & Operations:
Capacity

Production & Operations:
Production Layout

Production & Operations:
Scheduling

Production & Operations:
Inventory Management

Production & Operations:
All Activities

Org. Functions:
Sales & Marketing

Org Functions:
Marketing 4 P's

Org. Functions:
Research & Development (R&D)

Org. Functions:
Finance & Accounting

Org. Functions:
Information Technology (IT)

Org. Life Cycle:
Startup Phase

Org. Life Cycle:
Growth Phase

Org. Life Cycle:
Maturity Phase

Org. Life Cycle:
Decline Phase

Strategic Planning

What period of time do Long-Range, Mid-Range, and Short-Range plans cover?

What are the 5 steps involved in strategic planning?

What should the executive team do to help guide the long term development of the organization.

What is the purpose of developing corporate goals?

What is the SMART model?

What are the 2 steps that need to be developed during the Strategy Implementation stage?

What does HCMP stand for?

What purpose does the HCMP serve and what 4 questions need to be answered to aid successful results?

What are the 5 steps in developing an HCMP plan?

What is Human Capital Projecting?

What is a Centralized Organization?

What is Decentralized Organization?

What is the difference between Line and Staff Functions?

What is Span of Control?

What are the 4 basic management functions to ensure strategies and plans are implemented?

What is the purpose of a Strategic Relationship?

What is an Internal Relationship?

What is an External Relationship?

What is an HR BPO?

What is Corporate Responsibility?

What is Sustainability?

What is Change Management?

What are 5 examples of structural changes to an organization?

What is a Merger?

What is an Acquisition?

What information do HR professionals provide during the due diligence process of an M&A?

What is a Divestiture?

What is Offshoring?

What is an ERM?

What is the purpose of HR Audit?

What HR information should be audited?

What does an EPLI policy provide coverage against?

What purpose does an Employee Handbook serve?

What is the federal legislative process?

What is the federal legislative process?
(cont.)

What is the federal legislative process?
(cont.)

What is the federal legislative process?
(cont.)

What are 3 types of Administrative Laws that impact the HR profession?

What is OSHA and why was it developed?

What does Congress' legislation require and empower federal agencies to do?

What is the Federal Register and how is it used?

What federal agencies have the power to order compliance with federal laws in courts known as administrative law courts?

What is an ALJ?

What do ALJ's do?

What is an Executive Order?

What is Lobbying?

What does the legislative affairs committee (LAC) do for SHRM?

What is Corporate Governance?

What are Shareholders?

What are a Board of Directors?

What is Fiduciary Responsibility?

What's the SOX and when was it established?

What did the SOC establish?

What is a Code of Ethics?

What is a Code of Conduct?

What are the 4 elements to a Prima Facie violation?

What is the process for filing Retaliation Complaints?

What purpose does an Ethics Officer serve?

What is a Balanced Scorecard?

What are 4 tactical accountability measures for HR in business?