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Exam (elaborations)

SPMT 262 Final Exam Questions and Answers

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SPMT 262 Final Exam Questions and Answers

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  • October 8, 2024
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SPMT 262 Final Exam




T/F: The production function model is demonstrating Human Capital Theory and the value of investing in
Human Capital - Answer -true



The kind of knowledge that is difficult to transfer to another person by means of writing it down or
verbalizing it - Answer -tacit knowledge



The perception and trust that customers or users have in your products, customer services, websites,
and your brand - Answer -reputational capital



T/F: The use of the term 'Human Capital' generates the idea that the capabilities of them employees are
a critical component of productivity - Answer -true`



what do the letters for ESG Company stand for? - Answer -environmental, social, and governance



which of the following describes human capital theory? - Answer -as the knowledge and skills of the
worker increases via education and training, earnings will increase



consists of tangible, man-made objects that a company buys or invests in and uses to produce goods -
Answer -physical capital



from the reading, which answer best describes the term Human Capital Management (HCM)? - Answer -
how an organization goes about directing and developing its people

, what is the best definition of human capital? - Answer -the skills, knowledge, and experience possessed
by employees, make them valuable to the company



T/F: there is strong correlation between employee treatment and performance - Answer -true



which of the following is not apart of talent management? - Answer -on-boarding a new employee



an employee can separate themselves and increase their productivity by? - Answer -all of the answers



the foregone benefit that would have been derived by an option not chosen? - Answer -opportunity cost



T/F: it is imperative that organizations familiarize themselves and track data concerning labor laws -
Answer -true



which statement best describes the effect social protesting has had on an organization? - Answer -it has
shed light on the importance of listening to the employees concerns



which of the following is the best definition for human resource management? - Answer -a strategic and
coherent approach to the management of an organization's employees



which statement best describes how employees should react when terminating an employee? - Answer -
employers should keep the terminated employee's best interest in mind, provide facts, and ensure the
organization is protected



which statement best describes the idea behind 'creating a great place to work'? - Answer -people
desire to join and want to work for an organization; employees are committed and engaged



formal structured system of measuring, evaluating, and influencing an employee's job-related attributes,
behaviors, and outcomes, including absenteeism - Answer -performance appraisal



what are the three stages of recruitment? - Answer -defining requirements, attracting candidates,
selecting candidates

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