Shrm business acumen - Study guides, Class notes & Summaries

Human Capital The collective employee knowledge and other skills that are deployed toward the execution of business strategy Human Capital Value Add A formula to measure the effectiveness of Human Capital strategy: Revenue - (Operating expense - Total Reward costs) / Number of Full-Time Employees Brainpower Read More Previous Play Next Rewind 10 seconds Move forward 10 seconds Unmute 0:00 / 0:00 Full screen Human Capital ROI A formula to measure the effectiveness ...

SHRM CP EXAM 398 Questions with Verified Answers Career Planning - CORRECT ANSWER Actions & activities that individuals perform in order to give direction to their work lives. Brain drain - CORRECT ANSWER Exit of educated & skilled citizens from emerging & developing countries for better paying jobs in developed countries. Auditory learners - CORRECT ANSWER People who learn best by relying on their sense of hearing. Andragogy - CORRECT ANSWER Study of how adults learn. Cost-of-liv...

SHRM-CP QUESTIONS AND ANSWERS 2023, GRADED A+ 1. Accounts payable Money an organization owes its vendors and suppliers. 2. Accounts receivable Money an organization's customers owe the organization. 3. ADA Amendments Act (ADAAA) Amendments to U.S. Americans with Disabilities Act covering the definition of individuals regarded as having a disability, mitigating measures, and other rules of construction to guide the analysis of what constitutes a disability. 4. ADDIE mode...

SHRM-CP Terms Questions and Answers 2023, Graded A+ ADA Amendments Act (ADAAA) Amendments to Americans with Disabilities Act covering the definition of individuals regarded as having a disability, mitigating measures, and other rules of construction to guide the analysis of what constitutes a disability. ADDIE model Five-step instructional design process that governs the development of learning programs. Adverse impact Type of discrimination that results when a neutral policy h...

SHRM-CP Terms question with correct solution 2023ADA Amendments Act (ADAAA) - correct answer Amendments to Americans with Disabilities Act covering the definition of individuals regarded as having a disability, mitigating measures, and other rules of construction to guide the analysis of what constitutes a disability. ADDIE model - correct answer Five-step instructional design process that governs the development of learning programs. Adverse impact - correct answer Type of discrimination ...

The organization is trying to prevent some risks from occurring through training new hires and mitigating the impact of risk events that do occur by practicing certain procedures. A security-conscious organization requires all new hires to complete training on security policies and conducts annual "armed intruder" drills for all employees. What risk management strategies is this company using? (Workplace Module) - Answer Prevention and mitigation Michael Porter's Five (5) Forces - Answe...

HRM CH.1-3 TEST 218 Questions with Verified Answers Human Resource Management - CORRECT ANSWER Designing formal systems in an organization to manage human talent for accomplishing organizational goals Human Resource Management Roles - CORRECT ANSWER Selecting, training, rewarding, managing, and retaining employees Why Organizations Need HR Management - CORRECT ANSWER Assists organizations in achieving higher: Profits Stock price Productivity Assists organizations in adapting to: A ...

SHRM-CP Exam 361 Questions with Verified Answers 2022 SHRM - CORRECT ANSWER Society for Human Resource Management What is Business Acumen? - CORRECT ANSWER How an Organization decides to deal with a business situation to drive the best outcomes. -knowledge of the most profitable aspects of the business -understanding of cash flow and the current market situation -thorough understanding of the respective business niche Significance of Business Acumen - CORRECT ANSWER -helps HR bring m...

SHRM-CP Practice Test 150 Questions with Verified Answers What is Human Capital Planning? - CORRECT ANSWER Human Capital planning is a systematic process for identifying the resource pool and its capabilities to meet organization goals and developing the strategies to meet the requirements to fulfill those goals. A Human Management Capital plan is forward thinking; the questions asked look at the present and into the future. What is an environmental scan and how does it pertain to strategi...

SHRM-CP Terms Latest Updated 2022 Already Passed. Rated A Document Content and Description Below SHRM-CP Terms Latest Updated 2022 Already Passed ADA Amendments Act (ADAAA) Amendments to Americans with Disabilities Act covering the definition of individuals regarded as having a disabilit y, mitigating measures, and other rules of construction to guide the analysis of what constitutes a disability. ADDIE model Five-step instructional design process that governs the development of learning progr...