100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
SHRM Certified Professional CP 2024 Midterm Exam Review Questions and Answers 100% Pass | Graded A+ $14.99   Add to cart

Exam (elaborations)

SHRM Certified Professional CP 2024 Midterm Exam Review Questions and Answers 100% Pass | Graded A+

 5 views  0 purchase

SHRM Certified Professional CP 2024 Midterm Exam Review Questions and Answers 100% Pass | Graded A+

Preview 4 out of 58  pages

  • August 18, 2024
  • 58
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
All documents for this subject (31)
avatar-seller
StarScoreGrades
SHRM Certified Professional CP 2024 Midterm
Exam Review Questions and Answers 100%
Pass | Graded A+



David Mungai [Date] [Course title]

, SHRM Certified Professional CP 2024
Midterm Exam Review Questions and
Answers 100% Pass | Graded A+
SHRM - Answer>> Society for Human Resource Management

What is Business Acumen? - Answer>> How an Organization
decides to deal with a business situation to drive the best
outcomes.
-knowledge of the most profitable aspects of the business
-understanding of cash flow and the current market situation
-thorough understanding of the respective business niche

Significance of Business Acumen - Answer>> -helps HR bring
more value to the company
-HR can assure management they understand and can deal with
challenges the business faces
-HR can create an environment to boost productivity while
keeping employees satisfied and treating them as equals

HR Professionals' role - Answer>> To bridge the gap between
senior management and the workforce, effectively communicating
messages to employees

Why is it important to understand the business? - Answer>> -
create long term strategies that align with the businesses goals
and objectives
-hire the right people with relevant skills to bring rewarding
outcomes for the business in the future

How to develop business acumen - Answer>> -understanding
the finances
-getting familiar with the current business strategy
-understanding the business environment

,Developing business acumen - understanding the finances -
Answer>> Understand the financial standing of the business,
financial statements, cash flow, balance sheets. To make a
decision making process easier and more streamlined

Developing business acumen - getting familiar with the current
business strategy - Answer>> Makes it easier for HR
professionals to make strategic decisions that benefit
management and employees

Developing business Acuman - understanding the business
environment - Answer>> - Rotating managers to become
familiar with all aspects of the business
- understand finances, how a business operates, customers'
expectations
- Keep up with the news, social media, industry publications, and
business competitors

Improving HR Communication - Answer>> The way a business
chooses to engage with its HR

Success of an organization depends on - Answer>> the
satisfaction of its employees

Effective HR communication - Answer>> Boosts Employee
morale and helps employees be more productive and committed
to their jobs
- training
- info on salaries, wages, benefits, company news, etc

Effectively plan internal communication - Answer>> -long term
strategies to increase productivity and improve communication
Create the strategy by:

, -understanding how company operates, learn what employees
expect from management
-setting clear/achievable goals, will improve engagement and
make employees' roles more interesting to them
-effective communication channels, intranet, apps
- plan which information will be shared internally

Implement All-Inclusive Communication System - Answer>>
HRIS that contains necessary information about the workforce,
documents, salaries, contract details, employment history
personal information. Makes it easy for employees to access their
information

Improve HR communication by - Answer>> -effectively plan
internal communication
-implement an all inclusive communication system
-create an environment that encourages face-to-face
communication
-Plan your strategies while focusing on the companies culture
-creating an effective plan to welcome new employees on board

Create an environment that encourages face-to-face
communication - Answer>> Replace an email for face-to-face
communication is crucial for trust

Plan your strategies of focusing on the company's culture -
Answer>> And effective HR strategy Aligns the employees'
goals with a company's goals

Creating an effective plan to welcome new employees on board -
Answer>> HR needs to help new employees with information to
exponer rolls, tools to make them more comfortable, confidence
to use their creativity to produce outstanding results for the
company.

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller StarScoreGrades. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $14.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

79650 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$14.99
  • (0)
  Add to cart