BUSI 352 CH 1 Certification Revised Exam Questions With Multiple Choices And Verified Answers.
0 view 0 purchase
Course
BUSI 352
Institution
BUSI 352
Competitiveness - correct answer A company's ability to maintain and gain market share in its industry
Stakeholders: - correct answer - Stockholders = Want a return on their investment
- Customers = want a high-quality pr...
Competitiveness - correct answer A company's ability to maintain and gain market
share in its industry
Stakeholders: - correct answer - Stockholders = Want a return on their investment
- Customers = want a high-quality product or service
- Employees = Desire interesting work and reasonable compensation for their service
- Community = Wants the company to contribute to activities and projects and minimize pollution.
Human Resource Management - correct answer the policies, practices, and systems
that influence employees' behavior, attitudes, and performance
The HR Department is solely responsible for: - correct answer outplacement, labor
law compliance, record keeping, testing, unemployment compensation, and some aspects of benefits
administration
The HR Department can be thought of as a business within the business with three product lines: -
correct answer Admin Services
Business Partner Services
Strategic Services
self-service - correct answer Giving employees online access to HR information
Outsourcing - correct answer the practice of having another company provide
services
The HR function is organized into three principles. The HR functions want to: - correct answer
1. Be as innovative as the product side of the business
, 2. Minimize the infrastructure needed to keep the business running by emphasizing that managers and
employees should work together rather than sending employees to HR.
3. Anticipate business needs and be prepared with a plan to meet those needs
Evidence-Based HR: - correct answer Demonstrating that human resource practices
have a positive influence on the company's bottom line or key stakeholders (employees, customers,
community, shareholders).
the challenge of sustainability - correct answer Sustainability has been viewed as
one aspect of corporate social responsibility related to the impact of the business on the environment.
Sustainability - correct answer The inability of a company to survive in a dynamic
competitive environment. Based on an approach to organizational decision making that considers
company's ability to make a profit without sacrificing the resources of its employees, the community
and the environment
Stakeholders - correct answer The various interest groups who have relationships
with, and consequently, whose interests are tied to the organization
Three types of assets: - correct answer Financial Assets
Physical Assets
Intangible Assets
Knowledge Workers - correct answer Employees who own the intellectual means of
producing a product or service.
Empowering - correct answer giving employees responsibility and authority to make
decisions
Change - correct answer The adoption of a new idea or behaviour by a company
Learning Organization - correct answer Employees are continually trying to learn
new things
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller RealGrades. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $13.99. You're not tied to anything after your purchase.