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ASU MGT 420 Exam 1 || WITH 100% VERIFIED ANSWERS.
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What are the old and new roles for HRM? correct answers 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 poli...

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  • August 6, 2024
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  • 2024/2025
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ASU MGT 420 Exam 1 || WITH 100% VERIFIED
ANSWERS.
What are the old and new roles for HRM? correct answers 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? correct answers 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? correct answers Hr had become one of the
most important organizational functions that involve strategic planning.

How does HR create a competitive advantage for companies? correct answers 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? correct answers An
example: Developing a program to select the right employees for a dynamic work
environment.

What is the resource-based view of the firm? correct answers 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? correct answers 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 correct answers 7%

To be an effective talent manager, HR needs to understand..... correct answers The structure
of the organization

What is "human capital"? correct answers 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)? correct answers 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? correct answers 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? correct answers 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? correct answers 1. Job description
2. Job Specification

Job Description correct answers list of the job tasks, rate the importance of those tasks

Job specification correct answers formulating the KSAOs needed to perform the most
important tasks

In job specification, what is a "skill"? correct answers Skill is "Know how" which are
trainable and people are not born with.

What is the Fleishman Job Analysis System? correct answers 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......... correct answers 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? correct answers 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 correct answers
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 correct answers
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 correct
answers The extent to which the job has an important impact on the lives of other people.

In the Job Characteristics Model, understand what is meant by: autonomy correct answers
The degree to which the job allows an individual to make decisions about the way the work
will be carried out.

In the Job Characteristics Model, understand what is meant by: feedback correct answers The
extent to which a person receives clear information about performance effectiveness from the
work itself.

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