Busi 342 exam 1 - Study guides, Class notes & Summaries

DEFINITION OF HRM: - Answer- • Designing formal systems in an organization to manage the human capital in accordance with the organization's goals DEFINITION OF HUMAN CAPITAL: - Answer- • The collective value of the KSA (knowledge, skills & abilities) and life experiences of the workforce EVOLUTION OF HR: - Answer- • 1900'sPersonnel • 1960's - 1970's Social Legislation • 1990's implementing vision and strategy • Today's focus- tighter labor markets, economic uncertaint...

Question 1 2 out of 2 points HR leaders are looking into making overseas assignments shorter in length and relying on technology to help build overseas business relationships. Selected Answer: Tru e • Question 2 2 out of 2 points Mike, a human resources executive at Oyster Studios, is moving from an operational role in the human resources department to an administrative role. Which of the following best describes the change in Mike’s role? Selected Answer: c. Moving from serv...

Question 1 Ann Chovies, owner of the Perfect Pasta Pizza Parlor, uses 20 pounds of pepperoni each day in preparing pizzas. Order costs for pepperoni are $10.00 per order, and carrying costs are 4 cents per pound per day. Lead time for each order is three days, and the pepperoni itself costs $3.00 per pound. If she were to order 80 pounds of pepperoni at a time, what would be the length of an order cycle? Selected Answer: Response Feedback: 4 days correct MC Qu. 115 Ann Chovies, owner...

• Question 1 2 out of 2 points A(n) _____ can help an employee of a corporation make decisions about moving to a worksite in another country. • Question 2 2 out of 2 points The strategic role of human resource involves helping to define the strategy relative to human capital and its contribution to organizational results. • Question 3 2 out of 2 points An increasing number of individuals characterize themselves as multiracial, changing the diversity of potential wo...

Latest 2020/2021 BUSI 342 EXAM 2 • Question 1 0 out of 2 points Severity rate is defined as the percentage of time lost to absenteeism. Selected Answer: True • Question 2 2 out of 2 points To increase employee satisfaction, the performance management systems and performance appraisal processes in organizations must be designed so they are linked to compensation increases. Selected Answer: True • Question 3 0 out of 2 points A software firm plans to reduce the number of talente...