Ch 2 strategy and hrm - Study guides, Class notes & Summaries

WGU C202 Managing Human Capital Ch. 1 – 13 Exam || Questions & All Correct Answers (Graded A+) WGU C202 Managing Human Capital Ch. 1 – 13 Exam || Questions & All Correct Answers (Graded A+) What two broad areas does HRM manage? - ANSWER - 1. People related issues 2. Employment related legal compliance There are many laws and regulations that affect the employment relationship. Why is this a primary concern of HRM? - ANSWER - Failure to follow laws and regulations can become costly fo...

Human resource management ch. 1-6 questions and answers 100% correct Human resource management leadership and management of people within an organization using systems, methods, processes, and procedures that enable employees to optimize their contribution to the organization and its goals Proactive HRM •Decision Makers anticipate problems and challenges action before problem arises Reactive HRM •Decision makers respond to problems rather than anticipate Mission Stat...

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 ...

HRM Test 2: Ch. 5-7 Exam Questions With Correct Answers Decisions about talent - answerregardless of whether they pertain to recruiting, transferring, promoting, developing, or deploying people—need to be considered within the context of a business's strategies and priorities. The broad factors that can affect a firm's recruiting strategy include a firm's - answer-Recruiting abilities, -whether to recruit externally versus internally, -the labor market for the types of positio...

Human Resources Management Final Exam Study Guide Review from Exam 1: CH. 1: The HRM Challenge 1.Corporate social responsibility: the responsibility of the firm to act in the best interests of the people and communities affected by its activities 2.Downsizing: planned elimination of jobs 3.Globalization: the trend toward opening up foreign markets to international trade and investment 4.Human capital: the knowledge, skills and capabilities of individuals that have economic value to an organizati...

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 ...

MGT 643 Final Exam Study Guide Ch. 1 Questions 1. Describe each step of the employee life cycle, in order. What types of activities take place at each step? - Forecasting o Prior to beginning of life cycle o Establish need and labor demand o Some strategy involve to decide who you need to hire o Tracking the attrition rates you anticipate losing at the end o Essential to move on to recruiting - Recruitment o Begins life cycle o Trying to bring people into the organization (externa...

HRM CH.1-3 TEST STUDY GUIDE WITH COMPLETE SOLUTIONS Human Resource Management - Answer-Designing formal systems in an organization to manage human talent for accomplishing organizational goals Human Resource Management Roles - Answer-Selecting, training, rewarding, managing, and retaining employees Why Organizations Need HR Management - Answer-Assists organizations in achieving higher: Profits Stock price Productivity Assists organizations in adapting to: A globalized workforce Age ...