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Managing Human Capital C202 Exam Study Questions and Answers Verified 2024
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  • Course
  • Managing Human Capital C202.
  • Institution
  • Western Governors University

Describe the primary Functions of HR - 1. Staffing 2. Health and Safety 3. Performance Management 4. Rewards and Benefits 5. Training and Development 6. Employee and Management Relations Staffing - Acquiring, Allocating and retaining the right employees to give the company a strategic advan...

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  • September 3, 2024
  • 22
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • managing human capital
  • c202 exam
  • managing human capital c202 exam study questions
  • managing human capital c202 exam
  • managing human capital c202

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  • Western Governors University
  • Managing Human Capital C202.
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Managing Human Capital C202 Exam



Managing Human Capital C202 Exam Study Questions
and Answers Verified 2024

Describe the primary Functions of HR - 1. Staffing
2. Health and Safety
3. Performance Management
4. Rewards and Benefits
5. Training and Development
6. Employee and Management Relations


Staffing - Acquiring, Allocating and retaining the right employees to give the company a
strategic advantage.


Health and Safety - Keep your employees safe at work for ethical and compliance
reasons. Including physical and mental health.


Employee Management relations - Making sure both the employee and manager are
represented fairly and bothy have rights. Works with unions if necessary


Training Development - Keeping employees trained on how to best do their jobs and up
to date on skills needed


Rewards and Benefits - Making sure to keep employees rewarded and compensated
fairly for their work and providing benefits to retain talent




Managing Human Capital C202 Exam

, Managing Human Capital C202 Exam

Performance Management - Align employees goals with companies goals and
appraising and evaluating past and current work


Why is HRM important? - - improves efficiency
- contributes to revenue growth
- manages risk
- Convert potential performance to actual performance
- influences what people should, can and will do


How does HRM Support business strategy - - Aligns company's values and goals with
employees values and goals
- influences strategies of each function
- Creates integrated HRM execute business strategy


How does HRM support organizational leadership? - Human resource compliance,
balancing policy an legal requirements, and keeping employees engaged , motivated
and productive.


Ethical Standards - 1. Utilitarian Standard
2. Rights Standard
3. Fairness Standard
4. Common Goods Standard
5. Virtue Standard


Utilitarian Standard - Balances good over harm. Doing most good or least harm




Managing Human Capital C202 Exam

, Managing Human Capital C202 Exam

Rights Standard - Best respects and protects everyone's moral rights including right to
privacy, to be told the truth or safe. E.g. A manager tells and employee to handle toxic
substance without protective gear, the employee can refuse


Fairness standard - Everyone is treated equally or at least fairly.


Common Good Standard - Shows respect and compassion for everyone, especially the
most vulnerable. E.g. No child labor, unsafe working conditions


Virtue Standard - Contains ideal virtues like civility, compassion, benevolence. E.g.
REcalling products that are dangers our defect


How HRM can create the foundation for success of a merger or acquisition - 1.
Participating in conducting due diligence
2. Developing practices that support knowledge transfer and rapid learning
3. Developing strategies to retain top talent and release poor performers
4. Monitoring the new culture to identify ways to strengthen it
5. Planning for continuous adjustment and learning through the process


Describe how Human Resource Managers may serve as internal consultants for
managment - -Promotes employee participation, commitment and identification with the
organization
-Helps hire the right talent and helps decide who to let go during layoffs


Explain how HRM practices reinforce organizational culture - - Formalized Expectations
and guides employees when policies don't exist
- Determines who is hired and fired
- Determines trainings, goals accountability and who is rewarded




Managing Human Capital C202 Exam

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