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MAN6366 FINAL EXAM 2025 QUESTIONS AND ANSWERS Personnel/Administrative Focus - ....ANSWER ...-HR traditionally seen as a necessary expense Contemporary HR - ....ANSWER ...-The 'R' in HR; HR practices as source of value in organization What do effective HR Practices affect? - ....ANSWER ...-Profitability, Customer Satisfaction, Productivity, Job Satisfaction, Innovation Sustainable competitive advantage - ....ANSWER ...-a value creating strategy not simultaneously being implemented by any current or potential competitors and other firms are unable to duplicate the benefits of this strategy Sustainable competitive advantage - qualities - ....ANSWER ...-Valuable, Rare, Inimitable, No Substitutes Individual HR practices vs HR Systems - ....ANSWER ...-Individual HR practices may be imitable, but HR Systems and routines develop over time and unique to firm Aging Workforce: Managers will spend much of their time on concerns related to: ....ANSWER ...--retirement planning ...©️ 2025, ALL RIGHTS RESERVED 1