According to Hamel and Prahalad, which of the following approaches is being utilized by a company that gains access to the know-how developed by other companies through licensing agreements, joint ventures, or partnerships?

A) collaborating
B) searching for loose bricks
C) building layers of advantage
D) changing the rules of engagement

A

Business

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According to your text, a number of techniques are available for measuring HRM's effectiveness in meeting its customers' needs depending on the situation. These techniques include reviewing a set of key indicators, measuring the outcomes of _____, and measuring the economic value of HRM programs.

A. training results B. committed employees C. goals D. specific HRM activity E. predicted successes

Business

As ________ change, so must the business system framework required to ensure the successful execution of the revised strategic direction.

A. strategies B. plans C. businesses D. departments E. Organizations

Business