SHRM Certified Professional CP 2024 Midterm
Exam Review Questions and Answers 100%
Pass | Graded A+
David Mungai [Date] [Course title]
, SHRM Certified Professional CP 2024
Midterm Exam Review Questions and
Answers 100% Pass | Graded A+
SHRM - Answer>> Society for Human Resource Management
What is Business Acumen? - 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 - Answer>> -helps HR bring
more value to the company
-HR can assure management they understand and can deal with
challenges the business faces
-HR can create an environment to boost productivity while
keeping employees satisfied and treating them as equals
HR Professionals' role - Answer>> To bridge the gap between
senior management and the workforce, effectively communicating
messages to employees
Why is it important to understand the business? - Answer>> -
create long term strategies that align with the businesses goals
and objectives
-hire the right people with relevant skills to bring rewarding
outcomes for the business in the future
How to develop business acumen - Answer>> -understanding
the finances
-getting familiar with the current business strategy
-understanding the business environment
,Developing business acumen - understanding the finances -
Answer>> Understand the financial standing of the business,
financial statements, cash flow, balance sheets. To make a
decision making process easier and more streamlined
Developing business acumen - getting familiar with the current
business strategy - Answer>> Makes it easier for HR
professionals to make strategic decisions that benefit
management and employees
Developing business Acuman - understanding the business
environment - Answer>> - Rotating managers to become
familiar with all aspects of the business
- understand finances, how a business operates, customers'
expectations
- Keep up with the news, social media, industry publications, and
business competitors
Improving HR Communication - Answer>> The way a business
chooses to engage with its HR
Success of an organization depends on - Answer>> the
satisfaction of its employees
Effective HR communication - Answer>> Boosts Employee
morale and helps employees be more productive and committed
to their jobs
- training
- info on salaries, wages, benefits, company news, etc
Effectively plan internal communication - Answer>> -long term
strategies to increase productivity and improve communication
Create the strategy by:
, -understanding how company operates, learn what employees
expect from management
-setting clear/achievable goals, will improve engagement and
make employees' roles more interesting to them
-effective communication channels, intranet, apps
- plan which information will be shared internally
Implement All-Inclusive Communication System - Answer>>
HRIS that contains necessary information about the workforce,
documents, salaries, contract details, employment history
personal information. Makes it easy for employees to access their
information
Improve HR communication by - Answer>> -effectively plan
internal communication
-implement an all inclusive communication system
-create an environment that encourages face-to-face
communication
-Plan your strategies while focusing on the companies culture
-creating an effective plan to welcome new employees on board
Create an environment that encourages face-to-face
communication - Answer>> Replace an email for face-to-face
communication is crucial for trust
Plan your strategies of focusing on the company's culture -
Answer>> And effective HR strategy Aligns the employees'
goals with a company's goals
Creating an effective plan to welcome new employees on board -
Answer>> HR needs to help new employees with information to
exponer rolls, tools to make them more comfortable, confidence
to use their creativity to produce outstanding results for the
company.
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