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ASU MGT 420 Exam 1 - GRADED A SOLUTIONS 2024.
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ASU MGT 420 Exam 1 - GRADED ASOLUTIONS 2024
What are the old and new roles for HRM? - Old (cost center) Keep track of forms, policy &
procedure enforcement, payroll and insurance, cost reduction. New (strategic partner) Employee
development, integration with core bus, change management, result oriented.
Why do personnel policies exist? - influence the characteristics of the positions to be filled. An
organization's personnel policies are its decisions about how it will carry out human resource
management, including how it will fill job vacancies.
Why is HR important/valuable to organizations? - Hr had become one of the most important
organizational functions that involve strategic planning.
How does HR create a competitive advantage for companies? - An example is fortune 100 seems
to create a sustainable competitive advantage. Through steps:
analysis and design of work,
hr planning,
recruiting, selection,
training and development, performance management,
compensation
What does it mean for HR to be a "strategic partner" in an organization? - An example:
Developing a program to select the right employees for a dynamic work environment.
What is the resource-based view of the firm? - RBV is the value of resources depends on several
factors. Resources (financial, physical, interpersonal) to create resource value it needs to be
either rare or difficult to imitate.
Who is responsible for HRM? - YOU, if you are in charge of employees (performance
management, training, recruitment & Selection).
A research study showed that a one standard deviation improvement in HR policies was
associated with _____ decrease in turnover - 7%
To be an effective talent manager, HR needs to understand..... - The structure of the organization
What is "human capital"? - The training, experience, judgement, intelligence, relationships, and
insights of your employees that CAN add economic value to the organization.
, In the article, "Why we love to hate HR...and what HR can do about it," what does the author
argues are steps that HR can take to be effective (and stop the hate)? - Set the agenda by
controlling layoffs, recruiting,
flexible work arrangement, performance management
In the article "The war for talent," why is it called a "war" for talent? - the most important
corporate resource over the next 20 years will be talent: smart, sophisticated business people who
are technologically literate, globally astute, and operationally agile. And even as the demand for
talent goes up, the supply of it will be going down.
Who can perform a job analysis? - HRM. Job design focuses on jobs that are either being created
or changed in some manner. This is the process of defining the way work will be performed and
the tasks that will be required in a given job
What are the steps of a job analysis? - 1. Job description
2. Job Specification
Job Description - list of the job tasks, rate the importance of those tasks
Job specification - formulating the KSAOs needed to perform the most important tasks
In job specification, what is a "skill"? - Skill is "Know how" which are trainable and people are
not born with.
What is the Fleishman Job Analysis System? - It is a type of job analysis tool in which Job
analysis technique that asks subject-matter experts to evaluate a job in terms of the abilities
required to perform the job.
Job design is the process of......... - defining the way work will be performed and the tasks that
will be required in a given job.. (Spend a lot of time understanding job design; it's critical to
many aspects of HRM)
What is industrial engineering and its purpose in HRM? - It is the study of jobs to find simplest
way to structure work to maximize efficiency. The purpose is to reduce complexity of work,
quicker training, used for highly specialized and repetitive jobs.
In the Job Characteristics Model, understand what is meant by: skill variety - The extent to
which a job requires a variety of skills to carry out the tasks involved.
In the Job Characteristics Model, understand what is meant by: task identity - The degree to
which a job requires completing a "whole" piece of work from beginning to end (for example,
building an entire component or resolving a customer's complaint).
In the Job Characteristics Model, understand what is meant by: task significance - The extent to
which the job has an important impact on the lives of other people.
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