Man 4330 - Study guides, Class notes & Summaries

What are the benefits of Budgeting? - Answer-1. Control of your Expenses (Revenue Ratio) Expenses > Revenue = LOSSES 2. Coordinate Activities (Budget for ALL Departments and activities) Develop a budget for all major HR 3. Set some performance standards (Goal for Sales and Operational Budgets) 4. Evaluation Tool (Deviation Analysis +- Comparison to actual results to planned (budgeted) 5. Corrective & Remedial control (Take necessary action to prevent future over expenditures or under s...

During collective bargaining, compensation professionals ensure that ________. - Answer-employees receive cost-of-living adjustments and seniority pay increases Cost-of-living adjustments represent ________. - Answer-periodic base pay increases Why has HR traditionally been viewed as an administrative or support function? - Answer-The financial or marketing value of HR was not as apparent Which of the following refers to knowing that one's work matters in the lives of others? - AnswerInt...

job evaluation - Answer-the process of determining the relative worth of the various jobs within an organization content - Answer-what work is performed and how it gets done value - Answer-captures 1) the relative contribution of jobs to organizational goals and 2) the value of the jobs in the external market benchmark jobs - Answer-prototypical jobs (or groups of jobs) used as a reference point for making pay comparisons inside or outside of the organization market pricing - Answer-use o...

The pay relationships among different jobs within a single organization, forms a pay structure - Answer-Internal Alignment The array of pay rates for different work within a single organization - Answer-Pay Structure many levels, large differentials, individual performers, performance fairness, opportunities for promotion - Answer-Hierarchical structure fewer levels, small differentials, team work organization, equal treatment, and cooperation behavior - Answer-Egalitarian Structure Sugge...

Pay structures represent - Answer-- pay rate differences for jobs of unequal - the framework for recognizing differences in employee contributions Companies recognize pay differences by paying individuals according to their: (4 things) - Answer-- credentials - knowledge - geography - job performance Five Steps in Building a Pay Structure - Answer-1. decide how may pay structures to construct 2. determine a market pay line 3. define pay grades 4. calculate pay ranges 5. evaluate result...

CYBR 4330 Exam Questions with Correct Answers Disaster recovery planning (DRP) - Answer-•While the organization's chief operations officer (COO) is generally responsible for the overall DR effort, the IT community of interest, under the leadership of the CIO, is usually given responsibility for the IT aspects of DR planning, as they are keenly interested in keeping IT systems available during and immediately following disasters. preparation for and recovery from a disaster, whether natur...

CYBR 4330 Exam Questions with Correct Answers Disaster recovery planning (DRP) - Answer-•While the organization's chief operations officer (COO) is generally responsible for the overall DR effort, the IT community of interest, under the leadership of the CIO, is usually given responsibility for the IT aspects of DR planning, as they are keenly interested in keeping IT systems available during and immediately following disasters. preparation for and recovery from a disaster, whether natura...

CYBR 4330 Exam Questions with Correct Answers Disaster recovery planning (DRP) - Answer-•While the organization's chief operations officer (COO) is generally responsible for the overall DR effort, the IT community of interest, under the leadership of the CIO, is usually given responsibility for the IT aspects of DR planning, as they are keenly interested in keeping IT systems available during and immediately following disasters. preparation for and recovery from a disaster, whether ...

CYBR 4330 Exam Questions with Correct Answers Disaster recovery planning (DRP) - Answer-•While the organization's chief operations officer (COO) is generally responsible for the overall DR effort, the IT community of interest, under the leadership of the CIO, is usually given responsibility for the IT aspects of DR planning, as they are keenly interested in keeping IT systems available during and immediately following disasters. preparation for and recovery from a disaster, whether ...