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HR MANAGEMENT MIDTERM CH 1-6 QUESTIONS AND ANSWERS WITH VERIFIED SOLUTIONS 2024
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HR MANAGEMENT MIDTERM CH 1-6 QUESTIONS AND ANSWERS WITH VERIFIED SOLUTIONS 2024
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HR MANAGEMENT MIDTERM CH 1-6QUESTIONS AND ANSWERS WITH
VERIFIED SOLUTIONS 2024
Human Resources Management - ANSWER The process of managing human talent to achieve an
organization's objectives
Human Capital - ANSWER The knowledge, skills, and capabilities of individuals that have economic value
to an organization
Downsizing - ANSWER Panned elimination of jobs
Outsourcing - ANSWER Contracting outside the organization to have work done that formerly was done
by internal employees
Offshoring - ANSWER The business practice of sending jobs to other countries
Corporate Social Responsibility - ANSWER The responsibility of the firm to act in the best interest of the
people and communities affected by its activities
Sustainability - ANSWER Doing business in a way that does as little harm to the environment and
depletes as few natural resources as possible
Collaborative Software - ANSWER Software that allows workers to interface and share information with
one another electronically
Knowledge Workers - ANSWER Workers whose responsibilities extend beyond the physical execution of
work to include planning, decision-making, and problem-solving
Human Resources Information System (HRIS) - ANSWER A computerized system that provides current
and accurate data for purposes of control and decision-making
, Nearshoring - ANSWER Occurs when a firm relocates jobs abroad back to nations closer to its domestic
market
Homeshoring - ANSWER Occurs when a firm relocates jobs abroad back to its domestic market
Furloughing - ANSWER A situation in which an organization asks or requires employees to take time off
for either no pay or reduced pay
Employee Leasing - ANSWER The process of dismissing employees who are then hired by a leasing
company (which handles all HR-related activities) and contracting with the company to lease back the
employees
Employee Engagement - ANSWER The extent to which employees are enthused and immersed in their
work to the degree that it improved the performance of their about their work and are committed to it
Line Managers - ANSWER Non-HR managers who are responsible for over-seeing the work of other
employees
Strategic Planning - ANSWER Procedures for making decisions about the organization's long-term goals
and strategies
Human Resources Planning (HRP) - ANSWER The process of anticipating and providing for the moment of
people into, within, and out of the organization
Strategic Human Resources Management - ANSWER The pattern of human resources developments and
activities that enable an organization to achieve its strategic goals
Mission - ANSWER The basic purpose of the organization as well as its scope of operations
Strategic Vision - ANSWER A statement about where the company is going and what it can become in the
future; clarifies the long-term direction of the company and its strategic intent
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