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Organizations fulfill the human resource management goal of complying with legal and social obligations by designing jobs that are challenging and provide personal satisfaction to employees. A. True B. False - ANSWERSFalse (doesn't comply with legal and social obligations) _____ refers to treating social outcomes and financial outcomes as complementary, rather than competing outcomes. A. Shareholder primacy B. Personnel management C. Corporate governance D. Conscious capitalism - ANS...

What is recruitment? - ANSWERSthe process of attracting qualified candidates to apply for vacant positions within an organization What is KSAOC's - ANSWERSknowledge, skills, abilities, and other charactertistics What does HRM do? - ANSWERS1. recruitment 2. selection 3. training 4. development 5. compensation 6. benefits 7. retention 8. evaluation 9. promotion of employees 10. labor-management relations within an organization What is involved in the public sector? - ANSWERSin...

What are the 6 functions of human resource management? - ANSWERSHuman Resource Development Compensation Safety and Health Employee and Labor relations Performance Management Staffing Forms of compensation - ANSWERSdirect financial: salary, pay, bonus indirect financial: paid vacation, sick leave, holidays, medical benefits non-financial compensation: prestige, satisfaction, proximity to work What is human resource outsourcing? - ANSWERSthe process of hiring outside HR professionals ...

Outcomes of effective HR practice - ANSWERSCreate more satisfied employees, who in turn work harder to satisfy customers, translates into a competitive advantage and can affect organization's bottom line; organization's workforce is more stable (fewer leave), employee satisfaction is higher (feel empowered), employees stay longer Core HR functions - ANSWERSBusiness management and strategy, workforce planning and employment, HR development, compensation and benefits, employee and labor r...

PCN (Parent Country National) - ANSWERSIn an international firm, a person whose nationality is the same as that of the firm but different from the country in which they are working in HCN (Host country national) - ANSWERSEmployees who are hired for jobs in their own country. Can become inpatriates if they are transferred into the parent country as expatriates TCN (third country nationals) - ANSWERSIndividuals who are in transit/applying for visas in countries that are not their country of ...

Human resources: - ANSWERSall of the people who currently contribute to the work of the organization as well as those who might contribute in the future and those who have contributed in the recent past. Management of these individuals contributions is HR Human resources management (HRM): - ANSWERSThe effective management of people requires healthcare executives understanding the factors that influence the performance of individuals within an organization. HRM activities: - ANSWERSRecruitm...

Internationalization of business - ANSWERSThe ever increasing interaction, interconnectedness and integration of people, companies, culture and countries Internalization of business is driven by - ANSWERS- trade agreements -search for new markets and reduced costs - rapid and extensive global communication -rapid development and transfer of new technology -improving global education and global talent pool - increased travel and migration -knowledge sharing -E-commerce -Homogeni...

international human resource management - ANSWERSThe study and application of all human resource management activities as they impact the process of managing human resources in enterprises in the global environment faster - ANSWERSDecreased trade barriers and open markets have resulted in _________-growing economies throughout the world Low-cost Country Sourcing (LCCS) - ANSWERSprocurement strategy in which companies source materials from countries with lower labor and production costs in ...

A flex style of management means: - ANSWERSadjusting decisions and actions to the needs of the situation Human skills needed by a manager include: - ANSWERSsensitivity to workers' personal needs. An approach to management that blends standardization, concern with people, and participative techniques is called: - ANSWERShumanistic management. A poor work climate can cause: - ANSWERSlow productivity and fewer customers. When an employee has much commitment but little competence to d...

Human Resource Management - ANSWERSThe policies, practices, and systems that influence employees behavior Primary HRM Activities - ANSWERSAdministrative Services and transactions, Business partner services, Strategic partner Administrative Services and Transactions - ANSWERSCompensation, hiring, staffing Human Capital: An organization's employees, described in terms of their training, experience, judgment, intelligence, relationships and insight. Focuses on efficiency and quality S...