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Exam (elaborations)

UNIT 1 AND 2 HRMT 386 EXAM PREPARATIONS WITH ANSWERS

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UNIT 1 AND 2 HRMT 386 EXAM PREPARATIONS WITH ANSWERS What is the purpose of human resource management? - CORRECT ANSWER-Managing human talent and acquiring the human capital needed to achieve an organization's objectives. Bringing together a diverse group of people to produce maximum effi...

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  • August 13, 2024
  • 9
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • HRMT
  • HRMT
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UNIT 1 AND 2 HRMT 386 EXAM
PREPARATIONS WITH ANSWERS




What is the purpose of human resource management? -
CORRECT ANSWER-Managing human talent and acquiring
the human capital needed to achieve an organization's
objectives. Bringing together a diverse group of people to
produce maximum efficiency. Ensuring that the employment
relationship is efficient and follows legislation. HR often
oversees wages, benefits, hiring, training, onboarding,
performance evaluations and discipline.

What are the major functions performed by human resource
professionals? How are these functions related to one another?
- CORRECT ANSWER-Major Functions: Planning, Job design,
Recruitment, Staffing/training/development, appraisal,
communications, compensation, benefits, labor relations,
international HR.

These functions are related as they are part of a process for the
pursuit of appropriate human capital acquired for the
organization. A failure in one would impact all others since they
are interdependent

What will be the most important issue or challenge facing HRM
in the future? How will this issue or challenge affect the practice

, of HRM? - CORRECT ANSWER-Restructuring of organizations
will be the largest challenge for HRM's in the future.
Restructuring is happening due to advances in technology and
globalization. HR will have to adapt strategies that address new
issues from restructuring such as layoffs, job designs, legal
requirements, international trade agreements, and changing
demographics, etc., and HR will have to keep up with the pace
of globalization which is happening quite rapidly.

Is it fair to describe human resource management as a tool
employers use to control workers? - CORRECT ANSWER-HR
is a tool for employers to exercise their power to achieve the
organizations goals in the way the employer sees fit. HR is
used to increase the profitability and ensure that employees are
working at their maximum efficiency levels. HR is described as
the conduit through which knowledge is developed and
transferred among employees

What is the relationship between childcare and women's
employment rates? - CORRECT ANSWER-There is a positive
effect of low childcare fees on gender employment gaps. As
fertility rates decline, women's employment rate have
increased. This shows us that childcare without the proper
support is a hindrance to women's employment rate.
Dramatically more so than male's employment rates.

What high-level patterns are evident in women's employment in
Canada? - CORRECT ANSWER-Women earned $0.74 for
every dollar earned by men.

Women are more often working part-time jobs which often
results in less stability, lower wages, and lack of benefits.

As fertility rates decline, women's participation in the labor
market increases.

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