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CIPM Flashcards Question & Answers 2024
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HRM Midterm exam study guide A+Question & Answers 2024
Name the 4 Employee Relationship perspectives - Correct Answers
✅Egoist, unitarist, Pluralist, Critical
Egoist Perspective - Correct Answers ✅Employees and employers
are self-interested and rational actors
Employees are merely Commodities in the eyes of the organizations
The labor market solves all problems
Unitarist Perspective - Correct Answers ✅ER is a long-term
partnership
Markets are imperfect
Seek mutual gain—conflict is AVOIDABLE
Organizational policy should make desired employee behavior the
optimal choice
Pluralist perspective - Correct Answers ✅Employees are
economically AND psychologically motivated
,HRM Midterm exam study guide A+
Question & Answers 2024
Conflict is inherent
Market/managers cannot resolve it all
Employee rights: Efficiency + (equity & voice)
Critical Perspective - Correct Answers ✅Conflict is not just due to
non-overlapping interests
Due to fundamental imbalance of social power
Conflict is central to the employment relationship
Employers have substantially more power than employees
This does not appear too much in the united states
A weaker perspective
Much like communism
,HRM Midterm exam study guide A+
Question & Answers 2024
How does HR relate to human capital? - Correct Answers ✅Human
resource management (HRM) is about finding, building, and managing
HUMAN CAPITAL
What does KSAO stand for? - Correct Answers ✅Knowledge needed
to do a task, Skills can do a task, Abilities capacity to engage in an
activity, Other characteristics
Human Capital - Correct Answers ✅The stock of knowledge, skills,
abilities, and other characteristics (KSAOs) a person has that gives their
labor economic value
Forms of Human Capital - Correct Answers ✅Occupation Specific,
Firm specific, and General
HR Functional areas - Correct Answers ✅Strategy, Recruitment,
Selection, Training, Development, Compliance, Compensation, Safety &
Health, Labor/Employee Relations, Performance Management,
Personnel Planning
Why is HRM important - Correct Answers ✅Ensure proper staffing
Motivate and reward employees
, HRM Midterm exam study guide A+
Question & Answers 2024
Prevent legal problems
Keep employees happy and productive
Add strategic value to the organization
How is HR organized in small organizations - Correct Answers ✅HR
Generalists
How is HR organized in large organizations - Correct Answers ✅1 HR
Employee per 100 total
Can be a separate functional group or organized by division
Outsourcing
HR Specialists - Correct Answers ✅Responsible for carrying out
various tasks within the HR department
HR Generalists - Correct Answers ✅Responsible of a wide variety of
HR tasks
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