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Human Resource Management Exam 1: Chapters 1-3 Study Questions Solved 100% Correct| Verified Solutions-Newest 2025 $12.49
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Human Resource Management Exam 1: Chapters 1-3 Study Questions Solved 100% Correct| Verified Solutions-Newest 2025
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Human Resource Management Exam 1: Chapters 1-3 Study Questions Solved 100% Correct| Verified Solutions-Newest 2025

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  • January 4, 2025
  • 11
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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  • human resource management exam 1 chapters 1 3 stu

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  • Human Resource Management
  • Human Resource Management

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Human Resource Management Exam 1: Chapters
1-3 Study Questions Solved 100% Correct| Verified
Solutions-Newest 2025

What are the three product lines of HR? - ✔✔Administrative Service and Transactions
Business Partner Services
Strategic Partner



What is the Shared Service Model? - ✔✔A way to organize the HR function that
includes:


centers of expertise
service centers
business partners



What is outsourcing and what activities are commonly outsourced? - ✔✔The practice
of having another company (a vendor, third party provider or consultant) provide
services.


Activities: employee assistance, retirement planning and outplacement.



What is Evidence - Based HR? - ✔✔Refers to demonstrating or collecting and using
data that human resource practices have a positive influence on the company's profits
or key stakeholders.



What is big data? - ✔✔An extremely large set of data

, List 3 competitive challenges that companies face will increase the important of human
resource management practices. - ✔✔Sustainability
Globalization
Technology



What does sustainability refer to? - ✔✔The organization's ability to profit without
depleting its resources, including employees, natural resources, and the support of the
surrounding community.



What is a company's success based on? - ✔✔HRM is critical to the success of
organizations because human capital has certain qualities that make it valuable.



Who are stakeholders? - ✔✔The parties with an interest in the company's success
(typically shareholders, the community, customer and employees.)


List the 3 types of assets for a company to provide goods and services. - ✔✔Staffing
Training
Compensation Practices



Define Knowledge worker. - ✔✔Employees whose main contribution to the
organization is specialized knowledge, such as knowledge of customers, a process, or
profession


What is the difference between empowering and learning organization? -
✔✔Empowering: giving employees responsibility and authority to make decisions
regarding all aspects of product development or customer services.

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