Chapter 01 Strategic Human Resource Management True / False Questions 1. People are the common element in all social organizations. TRUE 2. Organizational goals are an organization's short- and long-term outcomes that human resource management aims to support and enable. TRUE 3. The field of human resource management is unrelated to key organizational goals, product- market plans, technology, and innovation. FALSE 4. Since human resource management is central to all organizations, all organizations have a dedicated human resource department. FALSE 5. A new venture or micro-business might initially have the entrepreneur perform HR related tasks. TRUE6. Strategies for businesses are formulated at three levels: corporate, a major business activity, and employee. FALSE7. Employee salaries may account for more than 65% of the operating expenses in many organizations. FALSE 8. Using the focus strategy, a firm concentrates on a segment of the market, competing on the basis of either differentiation or cost leadership. TRUE 9. Many organizations are now including specific strategies that directly consider their employees, such as a strategy to become one of Canada's "Top 50 Best Managed Companies." TRUE 10. Economic boom and bust business cycles are experienced the way same across the country. FALSE 11. Economic forces