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Chapter 1 Introduction to Human Resource Management Questions And Answers Latest 2024/ 2025 Graded A+ | 100% Verified!! £9.12   Add to cart

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Chapter 1 Introduction to Human Resource Management Questions And Answers Latest 2024/ 2025 Graded A+ | 100% Verified!!

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Chapter 1 Introduction to Human Resource Management Questions And Answers Latest 2024/ 2025 Graded A+ | 100% Verified!!

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  • September 13, 2024
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  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
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LECTGRADER
Chapter 1 Introduction to Human Resource

Management


1. What is HRM?: Managing people in organizations to drive successful

organiza- tional performance & achievement of organizations strategic

goals

2. Scientific Managment: The process of "scientifically" analyzing

manufacturing processes, reducing production costs, and compensation

employees based on their performance levels

3. Human Resource Movement: A management philosophy focusing on

concern for people and productivity

4. HR & Line Managers (The Partnership): Play a pivotal role in lowering

labour costs the single largest operating expense in many

organizations, particularly in the service sector


1/

, 5. Theory X: The average person has an inherent dislike of work and will

avoid it if possible

6. Theory Y: Most people want to be self-directed and self-managed and

will try to achieve organizational goals they believe in

7. Cost Leadership: Compete on price, emphasize low costs

8. Differentiation: Compete on quality & innovation, emphasize quality

9. Low Commitment: Lower wages, lower skill level, high turnover

10.High Commitment: Higher wages, highly skill level, low turnover,

team-based, training

11.Challenge 1: Globalization: Increase in international trade, firms must

under- stand local culture when they establish operations overseas

12.Challenge 2: New Technology: Shift from "manual labour" to

"knowledge work", knowledge workers must be managed

differently

13.Challenge 3: Developing Human Capital: An individuals knowledge,


2/

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