HRM EXAM 1 QUESTIONS & ANSWERS 2024/2025
(1-1) Explain why all managers need to understand HRM basics and some factors
impacting 21st century HRM.
(Note: you should be able to explain the importance for
Management to know ANY HR concept!) - ANSWERSHRM provides all managers with tools to ...
(1-1) Explain why all managers need to understand HRM basics and some factors
impacting 21st century HRM.
(Note: you should be able to explain the importance for
Management to know ANY HR concept!) - ANSWERSHRM provides all managers with tools to engage
their employees and as a result increase employee productivity and company profitability
COMPETITIVE ADVANTAGE
EMPLOYEE ENGAGEMENT
- Job satisfaction
- Willingness to perform at a high level
- Willingness to perform over the long term
ORGANIZATIONAL SUCCESS
- EMPLOYEE ENGAGEMENT
- EFFECTIVE MGT
- PRODUCTIVITY
-PROFITS
Communicate the Company's values & directives
Maintain best practices
Stay within established budget
Hire senior HR manager (CHRO)
Create and improve effectiveness and efficiency within organizations
, 4 CRITICAL DEPENDENT VARIABLES - ANSWERSAT PJ
ABSENTEEISM
TURNOVER
PRODUCTIVITY
JOB SATISFACTION
(1-2) Discuss how today's HRM helps improve organizational revenues and links to FOUR
critical dependent variables/outcomes. - ANSWERSActs as a productivity center
enhancing profitability of company by improving employee productivity
HRM practices help to improve organizational efficiency
employees become more effective in used properly
which means managers wont use their time in a inefficient manner
Productivity
Job satisfaction
Turnover
Absenteeism
(1-3) Identify and briefly describe the EIGHT major HRM discipline areas. - ANSWERSLegal: EEO and
Diversity Management
Staffing
Training and Development
Employee Relations
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