WLU BU 354 - HR Before Midterm Detailed
Questions And Expert Answers 2024
Cost leadership strategy - ANS strategy to gain competitive advantage through
lower costs of operations and lower prices for products
Cultural Forces - ANS Challenges facing a firm's decision makers because of cultural
differences among employees or changes in core cultural or social values occurring
at the larger societal level.
cultural mosaic - ANS Canadian ideal of encouraging each ethnic, racial, and social
group to maintain its own cultural heritage, forming a national mosaic of different
cultures
Demographic changes - ANS changes in the demographics of the labour force that
occur slowly and are usually known in advance
differentiation strategy - ANS a strategy to gain competitive advantage by making a
product or service different from those of its competitors
economic strategy - ANS economic factors facing Canadian business today,
including global trade forces and the force to increase one's own competitiveness
and productivity levels
,educational attainment - ANS highest level of education attained by an individual
worker, employee group or population
focus strategy - ANS Strategy to gain a competitive advantage by focusing on the
needs of a specific segment of the total market.
functional authority - ANS Authority that allows staff experts to make decisions
and take actions normally reserved for line managers.
human resource audit - ANS An examination of the human resource policies,
practices, and systems of a firm (or division) to eliminate deficiencies and improve
ways to achieve goals.
Human Resource Management - ANS the leadership and management of people
within an organization using systems, methods, processes and procedures that
enable employees to optimize their performance and in turn their contribution to
the organization and its goals
knowledge workers - ANS Members of occupations generating, processing,
analyzing, or synthesizing ideas and information (ie. scientists and management
consultants)
line authority - ANS The authority to make decisions and to direct the performance
of subordinates in production, sales, or finance-related activities.
, mission statement - ANS a statement of the organization's purpose and long-term
objectives - what it wants to accomplish in the larger environment
organizational structure - ANS the product of all of an organization's features and
how they are arranged (people, objectives, technology, size, age, policies)
organizational culture - ANS the core beliefs and assumptions that are widely
shared by all organizational members
organizational goals - ANS An organization's short- and long-term goals that
human resource management aims to support and enable.
productivity - ANS ratio of output divided by input
staff authority - ANS Authority to advise, but not to direct, others.
Strategic Human Resource Management - ANS Integrating the strategic needs of
an organization into our choice of human resource management systems and
practices to support the organization's overall mission, strategies, and
performance.
autonomy - ANS independence - having control over one's work and one's
response to the work environment
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