Exam (elaborations)
WGU C202 Study Guide exam with complete solutions 2024_2025
- Course
- Institution
WGU C202 Study Guide exam with complete solutions 2024_2025
[Show more]
Content preview
WGU C202 Study Guide exam withcomplete solutions 2024/2025
What is human resource management (HRM)? - ANSWER-the organizational
function responsible for attracting, hiring, developing, rewarding, and retaining
talent
List the 6 HRM functional areas, and what each area is about in only 1 sentence. -
ANSWER-staffing, performance management, training and development, rewards
and benefits, health and safety, and employee-management relations
What is Staffing? - ANSWER-the process of planning, acquiring, deploying, and
retaining employees that enables the organization to meet its talent needs
Why is Staffing important? - ANSWER-It helps the organization execute its
business strategy
Training and development - ANSWER-focused on developing employee
capabilities through formal and informal activities, career planning,
organizational development, and legal compliance.
What is the purpose of Performance Management? - ANSWER-To align individual
employees' goals and behaviors with organizational goals and strategies
What does Performance Management involve? - ANSWER-Appraising and
evaluating past and current behaviors and performance, and providing
suggestions for improvement
Rewards and benefits - ANSWER-are both adequate and equitable that reward
employees for their contributions to organizational goal attainment are important
to employee motivation, performance, and retention
,Health and safety - ANSWER-range from wellness, fire and food safety,
ergonomics, injury management, disaster preparedness, industrial hygiene, and
even bullying and workplace violence
Employee management - ANSWER-relations determines the employment rights of
both employers and employees
In addition to managing risk, what are several other ways effective HRM systems
influence performance of an entire organization? - ANSWER-· interest rate a
company must pay to borrow money
· increase a company's value by as much as 30 percent
Explain HRM's role in executing an organization's business strategy. - ANSWER-·
Strategic human resource management aligns a company's values and goals with
the behaviors, values, and goals of employees and influences the strategies of
each of the firm's human resource functions, including staffing, performance
management, training and development, and compensation
· human resource management system supporting the execution of the business
strategy, guided by the talent philosophy of the organization.
Strategic risk - ANSWER-the overall talent strategy, company culture, ethics,
investments in people, and the implementation of change initiatives.
Operational risk - ANSWER-the speed and the effectiveness of talent acquisition,
development of employees' skills and the identification and retention of top
performers.
Financial risk - ANSWER-compensation, benefits, turnover, overtime, and time-to-
hire and indirectly through errors, accidents, delays, and lost production.
Compliance risk - ANSWER-legal ramifications, particularly in the areas of
diversity, health and safety, union relations, whistleblowers, and harassment.
Because the acquisition, retention, and performance of talent have the potential
to affect company earnings, organizations must identify and manage these risks
through effective HRM.
What are 3 specific ways HR can support the organization should it choose to
shift its culture? - ANSWER-· HRM contributes to this by posting job ads that give
a true sense of what the company values and by ensuring that it hires employees
with a good person-organization fit.
, · HRM can also reward behaviors that the company values and punish those that
are inconsistent with the culture.
· HRM can train employees on the values of the organization.
Explain 2 situations/reasons that managers across various departments might
seek out HR's guidance? - ANSWER-· HRM supports managers through goals and
processes that promote employee participation, commitment, and identification
with the organization.
· HRM can assist managers with hiring the right talent at the right time and
considering whom to let go of during layoffs.
How can HR support and reinforce ethical behavior in the workplace? - ANSWER-
HRM can support corporate ethics through the effective hiring of ethical people
and the training of employees to recognize and handle both ethical and unethical
situations
Virtue - ANSWER-company valuing honesty that quickly recalls products that
might be defective or dangerous.
Fairness - ANSWER-Appropriateness of CEO salaries and bonuses that are
hundreds of times larger than the pay of the average employee
What are a few of the most common change initiatives that HR manages? -
ANSWER-· Developing practices that support knowledge transfer and rapid
learning
· Developing strategies to retain top talent and release poor performers
· Monitoring the new culture to identify ways to strengthen it
· Planning for continuous adjustment and learning throughout the process
In addition to a lack of planning, what other factors can hinder the success of a
merger or acquisition? - ANSWER-· Culture mismatch is often blamed as a cause
of the failure. During the due diligence phase, the cultures of both organizations
need to be evaluated to determine their compatibility
Explain the connection between performance metrics, employee behavior, and
the organization's goals. - ANSWER-· Resistance to change is a real problem
during change efforts. Therefore, adopting positive behaviors along with aligning
employee goals to the new organizational goals is critical.
Why do we have employment laws? - ANSWER-· because organizations typically
have more power than do employees in the employment relationship
The benefits of buying summaries with Stuvia:
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
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
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 tuition. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $11.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
80467 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now