Strategic hrm approaches - Study guides, Class notes & Summaries

WGU C202 Managing Human Capital; Final Exam Questions With Answers 2023/2024 | Latest 100% Correct. competitive advantage - ANSWER doing something differently from the competition that leads to outperformance and success human resource management - ANSWER the organizational function responsible for attracting, hiring, developing, rewarding, and retaining talent total rewards - ANSWER the sum of all of the rewards employees receive in exchange for their time, efforts, and performance direct...

Human resource management anything associated with the management of work and employee relationship within an organisation anything associated with the management of work and employment relationships within an organisation firm has to create a human performance to meet the need of the firm through 5 HRM goals 2 broad categories THE ECONOMIC: 1. Cost-effective labour 2. Organisational flexibility 3.Human resource advantage THE SOCIO-POLITIC: 4. social legitimacy 5. manegeri...

SHRM-CP Exam 361 Questions with Verified Answers 2022 SHRM - CORRECT ANSWER Society for Human Resource Management What is Business Acumen? - CORRECT 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 - CORRECT ANSWER -helps HR bring m...

WGU C202 Final Exam Questions With Answers 2023/2024 (Latest Verified Graded A+)Functions of HRM - ANSWER 1. Staffing 2. Health and Safety 3. Employee Management relations 4. Benefits and Rewards 5. Training and Development 6. Performance Management Staffing - ANSWER process of planning, acquiring, deploying, and retaining employees to support organizations mission. Health and Safety - ANSWER wellness, fire and food safety, ergonomics, injury management, disaster preparedness, etc. Emp...

HRM CH.1-3 TEST 218 Questions with Verified Answers Human Resource Management - CORRECT ANSWER Designing formal systems in an organization to manage human talent for accomplishing organizational goals Human Resource Management Roles - CORRECT ANSWER Selecting, training, rewarding, managing, and retaining employees Why Organizations Need HR Management - CORRECT ANSWER Assists organizations in achieving higher: Profits Stock price Productivity Assists organizations in adapting to: A ...

Saylor BUS208 Principles of Management Questions with correct Answers 2024 Which of the following is NOT a role of a manager? Submitting payroll. According to your readings in this unit, what is a manager's primary challenge? Solving problems creatively. What are the primary responsibilities of functional managers? Overseeing a specific area or department of the organization. What is the primary difference between a staff manager and a line manager? A staff manager ove...

Introduction to Human Resource Management Questions and Answers 100% correct Human resource (HR) departments date back to the late nineteenth and early twentieth centuries when factory workers began forming unions in response to unfair wages and long hours. ... Defining HRM HRM is the process of managing people by selecting, recruiting, training, appraising, developing, and compensating employees and attending to their labor relations, health and safety concerns, and fairness concerns....

What role does the planning function of human resource management play within organizations? Strategic and short & medium range planning Align human resources with strategic mission of organization What role does the staffing function of human resource management play within organizations? Recruiting and selection of people with the needed skills of jobs within the organization What are the types of employee compensation? Direct and indirect What is the role of performanc...

HRM701 Chapter 8 Practice Test Questions And Answers What are performance appraisals most often used for? - ANSWER- making compensation decisions Which of the following is NOT a developmental purpose of performance appraisal? - ANSWER- validating selection procedures Why is performance appraisal important? - ANSWER- because the success of the entire HR program depends on knowing how the performance of employees compares with the goals established for them Which of the following are t...

PHR/SPHR/GPHR Practice Test 60 Questions with Verified Answers Which of the following statements about grievance procedures is true? A. Management pays for arbitration. B. HR professionals are involved in the first stage of the grievance procedure. C. About 50% of collective bargaining agreements detail the steps in a grievance procedure. D. The aggrieved employee contacts the union steward in the first step in the grievance process. - CORRECT ANSWER Grievance Procedure Answer: D A grie...