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Peregrine Exam Day 12 Study Guide. Cultural audit - answeran assessment of an organization's values Internal Analysis - answerassesses relevant areas involving the product/service offering and the firm itself HR management activities - answerrecruiting, training, safety, employee relations, co...

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  • September 7, 2024
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  • 2024/2025
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Peregrine Exam Day 12 Study Guide.

Cultural audit - answer✔✔an assessment of an organization's values

Internal Analysis - answer✔✔assesses relevant areas involving the product/service offering and
the firm itself

HR management activities - answer✔✔recruiting, training, safety, employee relations,
compensation, and benefits

Recruiting - answer✔✔any activity carried on by the organization with the primary purpose of
identifying and attracting potential employees

training - answer✔✔an organization's planned efforts to help employees acquire job-related
knowledge, skills, abilities, and behaviors, with the goal of applying these on the job

safety - answer✔✔the condition of being protected from or unlikely to cause danger, risk, or
injury.

Employee Relations - answer✔✔responsible for maintaining a safe, healthy, and productive
work environment for all employees.

compensation - answer✔✔something given to make up for something else

Benefits - answer✔✔Compensation in forms other than direct payment

Mission Statement - answer✔✔a statement of the organization's purpose - what it wants to
accomplish in the larger environment

Vision Statement - answer✔✔expresses what the organization should become, where it wants to
go strategically

Value Statement - answer✔✔A brief articulation of the principles that guide a company's
decisions and behaviors

trend analysis - answer✔✔hypothetical extension of a past series of events into the future

Strategic Human Resource Management - answer✔✔The process by which managers design the
components of an HRM system to be consistent with each other, with other elements of
organizational architecture, and with the organization's strategy and goals.

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