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Exam (elaborations)

Human Resource Management questions well answered

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  • Course
  • Human Resource Management
  • Institution
  • Human Resource Management

Human Resource Management questions well answered

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  • August 24, 2024
  • 3
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Human Resource Management
  • Human Resource Management
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Sanchy062
Human Resource Management

Human Resource Management - correct answer ✔✔The process of managing human resources to
achieve an organization's objectives



Human Capital - correct answer ✔✔Knowledge, skills, and capabilities of individuals that have economic
value to an organization



How Companies Utilize Human Capital - correct answer ✔✔1. Designing new ways to acquire and utilize
employees

2. Measuring effectiveness

3. helping managers enter new markets

4. Attract top talent with better benefits



TQM - correct answer ✔✔The process of modifying all aspects of an organization to improve long-term
success through customer satisfaction



Six Sigma - correct answer ✔✔A systematic approach that uses statistical methods to translate customer
needs into separate tasks and to define the best way to perform them



7 Challenges - correct answer ✔✔1. Changes in marketplace and economy

2. Globalization

3. Technology

4. Cost containment

5. Demographic and diversity challenges

6. Social responsibility and sustainability

7. Educational and cultural shifts



Employee Concerns - correct answer ✔✔1. Job security

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