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WGU C202 MANAGING HUMAN CAPITAL STUDY GUIDE WITH COMPLETE SOLUTIONS (GRADED A+) NEWLY

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WGU C202 MANAGING HUMAN CAPITAL STUDY GUIDE WITH COMPLETE SOLUTIONS (GRADED A+) NEWLY

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WGU C202
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WGU C202










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WGU C202
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WGU C202

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Uploaded on
March 31, 2025
Number of pages
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Written in
2024/2025
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WGU C202 MANAGING HUMAN
CAPITAL STUDY GUIDE WITH
COMPLETE SOLUTIONS
(GRADED A+) NEWLY UPDATED
2025



Managing Human Capital Study Guide

, lOMoARcPSD| 54339004




Study Guide C202
Managing Human Capital
Instructions: Read each chapter for the purpose of
understanding key concepts below. Apply your
knowledge by answering the accompanying
questions.
CHAPTER 1
Question Answer
1. What is human resource management (HRM)? Human resource management, or HRM, is the system that acquires, motivates, develops, and
retains talent


2. List the 6 HRM functional areas, and what each area is Staffing - is the process of planning, acquiring, deploying, and
about in only 1 sentence. retaining employees that enables the organization to meet its talent needs and to
execute its business strategy.
Performance management - involves aligning individual employees’ goals and
behaviors with organizational goals and strategies, appraising and evaluating past
and current behaviors and performance, and providing suggestions for
improvement. Training and development - focused on developing employee
capabilities through both formal and informal activities.
Health and safety - Workplace safety involves protecting employees from work-
related toxins, accidents, and injuries.
Rewards and Benefits - Compensation and benefits perceived as both adequate and
equitable that reward employees for their contributions to organizational goal
attainment are important to employee motivation, performance, and retention
Employee Management relations - reflect societal beliefs about the relationship
between employees and the capital owners of the organization.
3. In addition to managing risk, what are several other ways Improving efficiency, contributing to revenue growth, and managing
effective HRM systems influence performance of an entire risk organization? 4. Explain HRM’s role in executing an organization’s business Strategic human

resource management aligns a company’s values

strategy. and goals with the behaviors, values, and goals of employees. It also
influences the strategies of each of the firm’s human resources functions, including
staffing, performance management, training and development, and compensation.
Guided by talent philosophy.
Concept Reference Notes
Human resource management 1.1 – 1.3 Human resource management is the organizational
function responsible for attracting, hiring, developing,
rewarding, and retaining talent. HRM is responsible for people-
related issues as well as employment-related legal compliance.
HRM functions (6) 1.4 – 1.10 Staffing, performance management, training and
development, health and safety, rewards and benefits,
employee management
HRM & organizational performance 1.11

Effective HRM systems 1.11

, lOMoARcPSD| 54339004

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