RELATIONSHIP MANAGMENT COMPETENCY Flashcards
(182 cards)
T/F
Networking is most effective when contacts are developed only after a need arises.
False. Networking is most effective when contacts are developed ahead of time so they are available when needed.
T/F
Internal contacts may include HR staff or other employees you regularly interact with.
TRUE
T/F
A professional network should only include contacts from within your organization.
False. A professional network should include both internal and external contacts.
T/F
Building a professional network should begin early in your career or when joining a new organization.
TRUE
T/F
Networking is a one-way relationship where you only receive help when needed.
False. Effective networking is bidirectional—both parties share value.
T/F
Malcolm Gladwell referred to highly connected individuals as “connectors.”
TRUE
T/F
Face-to-face contact is the only valid form of professional networking.
False. Professional networks can include both face-to-face and virtual relationship
Developing expertise in a specific area can make you more valuable in a professional network.
TRUE
What is one purpose of building a professional network?
A. To keep all communication formal
B. To develop mutually beneficial contacts
C. To replace coworkers with external contacts
D. To avoid attending organizational events
B. To develop mutually beneficial contacts
Which of the following is an example of an external contact?
A. A member of your HR team
B. Your direct supervisor
C. A supplier you work with regularly
D. A coworker from your department
C. A supplier you work with regularly
According to The Tipping Point, what term describes people who know many others and help expand networks?
A. Collaborators
B. Mentors
C. Experts
D. Connectors
D. Connectors
What is one key characteristic of an effective professional network?
A. It only includes senior-level contacts
B. It is built quickly when a problem arises
C. It is balanced and includes different types of value
D. It focuses only on people in your discipline
C. It is balanced and includes different types of value
What is one piece of advice from on creating a professional network?
A. Wait for others to approach you
B. Focus only on your current role
C. Introduce yourself and ask about the other person’s work
D. Stay modest and avoid sharing your expertise
C. Introduce yourself and ask about the other person’s work
T/F
An HR professional’s network should include only internal stakeholders.
False. It should include both internal and external stakeholders.
T/F
The stakeholder concept proposes that organizations operate in a complex environment affected by various forces.
TRUE
T/F
The shareholder concept focuses on maximizing value for all stakeholders.
False. The shareholder concept focuses on maximizing wealth for shareholders.
T/F
Customers define value only in terms of price.
False. Customers define value in terms of economy, convenience, reliability, responsiveness, or innovation.
T/F
Boards of directors rely on HR for succession planning and developing ethical governance systems.
TRUE
T/F
Governments value companies that avoid regulation and operate independently of legal oversight.
False. Governments value companies that follow laws and support the rule of law.
T/F
Donors to nonprofits are usually interested in executive salaries more than mission outcomes.
False. Donors are interested in results and how much goes toward the organization’s mission.
T/F
Suppliers include staffing providers, benefits vendors, and internal support functions like IT.
TRUE
Who first proposed the stakeholder concept as an alternative to the shareholder model?
A. Milton Friedman
B. Peter Drucker
C. R. Edward Freeman
D. Warren Buffet
C. R. Edward Freeman
What is a typical value customers expect from an organization?
A. Low taxes
B. Regulatory support
C. Product advertising
D. Economy, convenience, reliability, responsiveness, or innovation
D. Economy, convenience, reliability, responsiveness, or innovation
What is one way HR can support shareholders?
A. Reduce community engagement
B. Unify the organization behind strategic goals
C. Cut employee salaries
D. Avoid training costs
B. Unify the organization behind strategic goals