HRM 3420 All Answers Correct

HRM 3420 All Answers Correct We discussed several ways to assess whether HRM matters in terms of the value or competitive advantage it provides to firms. When we watched a clip from The Office and made observations about the HRM of the Dunder-Mifflin paper company (a company not performing well financially), which method did we use to establish the importance of HRM? A. Case study B. Conceptual analysis C. Quantitative analysis D. Meta-analysis E. None of the above A. Case Study _____ refers to the policies, practices, and systems that influence employees' behavior, attitudes, and performance. A. Total quality management B. Financial management C. Human resource management D. Production and operations management E. Competency management C. Human Resource Management Which of the following terms is used to describe a practice that involves demonstrating that human resources have a positive influence on the company's bottom line or other outcomes that key stakeholders care about? A. Strategic HR B. Benchmarking C. Evidence-based HR D. Psychological contract C. Evidence-based HR In a quantitative study, Jiang, Lepak, Hu, and Baer (2012) examined the influence of human resource practices on firm financial outcomes. The authors showed that three sets of HR practices were associated with better financial outcomes for four reasons. Which of the following statements does NOT accurately reflect the HR practices' effects on the reasons why financial outcomes improved? A. Increases in human capital B. Increases in employee motivation C. Decreases in operational outcomes D. Decreases in voluntary turnover E. None of the above C. Decreases in operational outcomes After graduation, you are hired by a local real estate company. The person who recruited you commends you on your impressive resume, particularly noting how great it is that you graduated from Auburn University. They strongly believe that such a background/experience will valuably contribute to your fit with the company. In terms of KSAOs, this person is specifically commending your: A. Knowledge B. Skills C. Abilities D. Other Characteristics D. Other characteristics This refers to the piece of job analysis information that helps HR managers develop a list of the tasks, duties, and responsibilities that a job entails: A. Job Description B. Job Classification C. Job Evaluation D. Job Specification E.Job Qualification A. Job description Recruitment is the practice or activity carried on by the organization with the primary purpose of identifying and attracting potential employees. Which of the following options represents the three recruitment decisions organizations have to make that ultimately impact the likelihood that applicants will accept a job offer (job choice)? A. Vacancy characteristics, personnel policies, and recruitment sources B. Vacancy characteristics, personnel policies, and applicant characteristics C. Personnel policies, recruiter characteristics, and recruitment sources D. Personnel policies, recruiter characteristics, and vacancy characteristics recruiter characteristics, and recruitment sources C. Personnel policies, What is the primary factor that affects applicant job choice or likelihood of acceptance? A. Personnel policies B. Vacancy characteristics C. Recruiter behavior D. None of the above B. Vacancy characterstics Personnel policies are the 2nd biggest factor behind vacancy characteristics that impact applicant job choice (the likelihood that applicants will accept a job offer). _________is a personnel policy that communicates to applicants that there are advancement opportunities within the company. A. Promoting from within B. External recruiting C. Lead-the-market in pay and/or benefits D. Image advertising E. Due process policies A. Promoting from within The most effective or highest quality recruitment sources _________. A. Take less time to review and find qualified applications and have higher yield ratios B. Take more time to review and find qualified applications and have higher yield ratios C. Take less time to review and find qualified applications and have lower yield ratios D. Take more time to review and find qualified applications and have lower yield ratios E. Cost a lot of money yield ratios A. Take less time to review and find qualified applications and have higher In class, we learned that there are advantages and disadvantages to both internal and external recruiting sources. Which of the following is a major advantage of internal recruitment? A. Applicants and their true talents are well-known to the firm B. Applicants do not know a lot about the company C. Every position in a company usually has an internal recruitment source available D. You can steal competitors' talent E. None of the above A. applicants and their true talents are well-known to the firm Realistic job previews (RJPs) are a type of recruiting message in which applicants are told about the good and the bad aspects of the job (to which they are applying). Research has shown that RJPs can reduce rates of initial turnover among new hires. Researchers speculate that this may happen for several conceptual reasons. Which of the following reasons means that applicants who believe that they don't fit with the description of the job will remove themselves from the recruitment pool and therefore not take the job? A. Self-selection B. Unmet expectations C. Vaccination D. Commitment E. Honesty A. Self-selection Human Resource Management the policies, practices, and systems that influence employees' behavior, attitudes, and performance Strategic Human Resource Management A pattern of planned human resource deployments and activities intended to enable an organization to achieve its goals. 3 methods to assess whether HRM matters 2. case studies 3. quantitative analysis Conceptual Analysis 1. conceptual analysis resource based perspective of firm performance case studies look at the stories/what's going on in individual companies or groups of companies and try to discern whether HR matters or not quantitative analysis Resource-based view of the firm a theory that a firm can develop a competitive advantage through the collection and harvesting of resources what are some kinds of resources? Physical Interpersonal Financial What two factors contribute to making human resources a source of sustained competitive