Describe the roles of a chief human resource officer (CHRO).
What will be an ideal response?
The following are the roles of a chief human resource officer.
1. Strategic advisor: Focuses specifically on the formulation and implementation of the firm's strategy
2. Talent architect: Focuses on building and identifying the human capital critical to the present and future of the firm
3. Counselor/confidante/coach: Focuses on counseling or coaching team members or resolving interpersonal or political conflicts among team members
4. Leader of the HR function: Focuses on working with HR team members regarding the development, design, and delivery of HR services
5. Liaison to the board: Focuses on preparation for board meetings, phone calls with board members, and attendance at board meetings
6. Workforce sensor: Focuses on identifying workforce morale issues or concerns
7. Representative of the firm: Focuses on activities with external stakeholders, such as lobbying, speaking to outside groups, etc.
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Charles is a charismatic leader. According to the text, he can influence his followers’ commitment by which of the following actions?
A. promoting lower levels of intrinsic motivation through goal accomplishment B. emphasizing the linkages between follower effort and goal achievement C. providing clear policies and procedures D. creating reduced personal commitment by leader and followers to a common vision, mission, and organizational goals
A company received a bank statement showing a balance of $75,000. Reconciling items included outstanding checks of $2,400 and a deposit in transit of $9,500. What is the company's adjusted bank balance?
A) $63,100 B) $67,900 C) $82,100 D) $65,500
In low-income countries, a high percentage of entrepreneurs are considered _____.
A. necessity entrepreneurs B. rational entrepreneurs C. social entrepreneurs D. voluntary entrepreneurs
Which of the following best represents operating income?
A) Income after financing activities B) Earnings before interest and taxes C) Income from capital gains D) Income from discontinued operations