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Human Resources Management Exam 1
111Questions and Verified Answers | 100%
Correct | 2024 Grade A +
What is HR Management? - CORRECT ANSWERS the practices and policies
you need to carry out the personnel aspects of your management job, specifically,
acquiring, training, appraising, rewarding, and providing safe, ethical, and fair
environment for your company's employees.
Why is HRM important for managers? - CORRECT ANSWERS Improve profits
and performance
You may spend time as an HR manager
HR for entrepreneurs
Personal mistakes: - CORRECT ANSWERS Employees not performing
Wrong person
High turnover
Not doing their best
Legal issues
Lack of training undermining effectiveness
Unfair labor practices
Trends Influencing HRM - CORRECT ANSWERS Globalization
More competition, more pressure to lower costs, be more productive, etc.
Technological advances
e.g., HR information systems (HRIS), Facebook recruiting, etc.
The nature of work
Nature and importance of job tasks and skills changes
New HR Managers - CORRECT ANSWERS Focus more on strategic, big picture
issues
,Human Resources Management Exam 1
111Questions and Verified Answers | 100%
Correct | 2024 Grade A +
Use new ways to provide transactional services
e.g., outsourcing benefits administration to vendors, online recruiting, online testing
for applicants, etc.
"Talent Management" Approach
Goal-oriented and integrated process of planning, recruiting, developing, managing,
and compensating employees
Trends influencing HRM - CORRECT ANSWERS Service jobs
Over 2/3 of U.S. workforce produce/deliver services
Human capital
"Knowledge workers" (knowledge, education, training, skills, etc.)
Places premium on selection, training, and compensation practices
Offshoring
Exporting jobs abroad in search of greater efficiency
Trends influencing HRM - CORRECT ANSWERS Demographic Trends
"Generation Y" (born 1977 - 2002)
e.g., believed to be more family-centric or dual-centric, high-performance and high-
maintenance
Retirees
"Aging workforce" - not enough younger workers to replace those retiring
Nontraditional Workers
Hold multiple jobs or have alternative work arrangements (e.g., job sharing)
, Human Resources Management Exam 1
111Questions and Verified Answers | 100%
Correct | 2024 Grade A +
Almost 10% of American workers (13 million)
Workers from Abroad
U.S. employers bring about 181,000 foreign workers
Managers: Employee Enagagement - CORRECT ANSWERS Employee
engagement
-Those who are mentally and emotionally invested in their work and contributing to
an employer's success
-Many employees are not (some say less than 1/3 of U.S. workforce)
-HR managers must foster engagement
New HR Managers - CORRECT ANSWERS Measure HR performance and
results
Add value
-Boost profitability and performance in measurable ways
High Performance Work Practices (HPWP) - CORRECT ANSWERS Incentive Pay
Training
Compensation Level
Employee Participation
Systematic Selection
Internal Promotion
HR Planning
Flexible Work
Performance Mgt.
Grievance procedures
Use of Teams
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