Business Acumen -
SHRM-CP Exam
questions and answers
already graded A+
Human Capital - answer The collective employee
knowledge and other skills that are deployed
toward the execution of business strategy
Human Capital Value Add - answer A formula to
measure the effectiveness of Human Capital
strategy:
Revenue - (Operating expense - Total Reward
costs) / Number of Full-Time Employees
Human Capital ROI - answer A formula to measure
the effectiveness of Human Capital strategy:
Revenue - (Operating expense - Total Reward
costs) / Total Reward costs
Porter's 5 major forces that influence an
organization's competitive position - answer 1.
Threat of New Entry
, 2. Threat of Substitute Products or Services
3. Bargaining Power of Supplier
4. Bargaining Power of Buyer
5. Rivalry among existing competitors
(Michael Porter, Harvard Business School)
3 Main financial statements - answer Balance
Sheet
Cash flow statement
Profit and Loss
Balance Sheet - answer A financial report that
shows assets and liabilities over a given time.
Cash Flow Statement - answer Net amount of cash
and cash equivalents that moves into and out of a
business over a given time.
Profit and Loss Statement - answer An itemized
financial statement of the income and expenses of
a company's operations.
Equity - answer Different from the term used in
terms of equal employment, equity is the degree of
ownership in the business.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through EFT, credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying this summary from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller FREEMANSHARP. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy this summary for R289,30. You're not tied to anything after your purchase.