MQM 323 (1-4) Question and answers verified to pass
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Module
MQM 323
Institution
MQM 323
MQM 323 (1-4) Question and answers verified to pass
CHAPTER 1 - correct answer CHAPTER 1
HR Management - correct answer - Designing formal systems in an organization to manage human talent for accomplishing organizational goals
- selecting, training, rewarding, managing, and retaining ...
MQM 323 (1-4) Question and answers
verified to pass
CHAPTER 1 - correct answer ✔CHAPTER 1
HR Management - correct answer ✔- Designing formal systems in an
organization to manage human talent for accomplishing organizational goals
- selecting, training, rewarding, managing, and retaining employees
Why do we need HR? - correct answer ✔1. Assists ORGS in achieving
higher:
- profits
- stock price
- productivity
2. Assists ORGS in adapting to:
- a globalized workforce
- age diversity
3. Navigate gov regulations
core competency - correct answer ✔A unique capability that creates high
value for a company
Organizational Assets - correct answer ✔Physical, Intellectual Property,
Financial, Human
,Human Capital - correct answer ✔The collective value of the capabilities,
knowledge, skills, life experiences, and motivation of an organizational
workforce.
Can be called INTELLECTUAL CAPITAL to reflect the contributions of
employees
- Thinking
- Knowledge
- Creativity
- Decision-making
Organizational Culture - correct answer ✔Shared values + beliefs that give
members of an ORG meaning + provide them with rules for behavior
Is constant and enduring
comprises the ORG social environment within a firm
affects service and quality, organizational productivity, and financial results
HR FUNCTIONS - correct answer ✔strategy and planning
equal employment opportunity
talent acquisition
talent management and development
total rewards
risk management and worker protection
Roles of HR Management: Administrative - correct answer ✔- clerical
administration, record keeping, legal paperwork, and policy implementation
- major shifts: technology and outsourcing
Roles of HR Management: Operational and employee Advocate - correct
answer ✔cooperate with managers to ensure fair employee treatment
identify and implement needed programs and policies
Roles of HR Management: Strategic - correct answer ✔address business
realties
focus on future business requirements
contribute to devising and implementing success strategies
Mixed Roles for HR Departments: Prioritization in the past - correct answer
✔strategic
operational and employee advocate
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