SPMT 262 Final Exam
Which statement best describes the effect social profesting and the pandemic have on an
organization? - ANS it has shed light on the importance to the employees' concerns
Which of the following is not included in Human Capital Management? - ANS Investment
Management
There is a strong correlation between employee treatment and performance. - ANS True
Consist of tangible, man-made objects that a company buys or invest in and uses to produce goods. -
ANS Physical Capital
Either the employer threatens to terminate their relationship if they don't gain the majority of the
monetary benefits. - ANS What is the "hold-up" problem?
The forgone benefit would have been derived by an option not chosen - ANS Opportunity cost
Which is the following best describes Human Capital Theory? - ANS As the knowledge and skills of
the worker increases via education and training, earnings will increase
The use of the term "Human Capital" generates the idea that the capabilities of the employees area
a critical component of productivity. - ANS True
What statement best describes "Talent Optimization" - ANS Make decisions and investments related
to managing the workforce
From the reading, which best describes the term Human Capital Management (HCM) - ANS How an
organization goes about directing and developing its people
A business with a learning culture is associated with a higher employee engagement and retention
rate - ANS True
, It is imperative that organizations familiarize themselves and track data concerning labor laws - ANS
True
What is the best definition of Human Capital - ANS The skills, knowledge, and experience possessed
by employees, making them valuable to the company.
Who gains credit for the creation of the theory of Human Capital dating all the way back to 1776 -
ANS Adam Smith
Which statement best describes the view of public opinion toward education in relation to Human
Capital? - ANS Parents and industry place pressure, through voting and money, on educators to
produce a productive workforce
Which of the following practices fits with this definition? "The process of determining what the
position entails and the qualifications for staffing the position." - ANS Job Analysis
A systematic process for improving organization performance by developing the performance of
individuals and teams - ANS Performance Management
Which of the following practices best fits the definition? "A process that helps your organization
identify current and future human resource needs? - ANS Strategic Planning
Tell me about a time when you used previous experience to solve a problem new to you. This is an
example of what type of interview question - ANS Behavioral
What are the 3 stages of recruitment? - ANS Defining requirements, attracting candidates, selecting
candidates
Which statement best describes the focus of employee retention - ANS To ensure the greater
contribution from existing talent and to value them accordingly
The process of receiving and welcoming employees when they first join a company giving them the
basic information they need to start work - ANS Assimilation
Receiving feedback form employees: Supervisors, peers, staff, co-workers, and clients and customers
- ANS 360 degree approach
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