Functional hrm Study guides, Class notes & Summaries

Human Resources Management (HRM) - Answer-the management of people in organizations to drive successful organizational performance and achievement of organization's strategic goals. Human Capital - Answer-the knowledge, education, training, skills, and expertise of an organization's workforce. Scientific Management - Answer-also known as Taylorism, is scientifically analyzing manufacturing processes to reduce costs and compensating employees based on performance. The Hawthorne Studies - ...

How HRM strategy support business Functional areas' of HRM must be consistent in what they reinforce, and care must be taken to ensure that do not undermine each other Primary HRM functions? 1. Strategic risk tional risk. 3. Financial risk. 4. Compliance risk Why HRM is important to organizational performance? .Improves organizational efficiency. Contribute to revenue growth. Increase employees' understanding of their responsibilities and how they relate to the organization's mis...

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...

WGU Human Resource Management - C232 - CH. Summaries Exam 2024 Topic 1: The Dynamic Environment and Roles of HR Managers - Answers ️️ - What are the four implicit HR Objectivies? What are the six major trends that represent the major events that influence the growth and importance of HRM? Hr is influenced by what four internal environment factors? What does the acronym SWOT stand for? Why would a company conduct a SWOT analysis? What are the six competencies of a solid HR profession...

Organizational Culture the basic assumptions and beliefs shared by members of an organization, which defines an organization's view of itself Work Flow is the way work is organized to meet the organization's production or service goals Decentralization is the transfer of responsibility and decision making authority from a central office to people locations closer to the situation that demands attention Outsourcing is subcontracting work to an outside company that speci...

HROB2290 FINAL EXAM QUESTIONS AND ANSWERS A good definition of human resources management would be: - Answer- the management of people in organizations to drive successful organizational performance and achievement of the organizations strategic goals The company's strategic situation is impacted by: - Answer- the company's competitive environment an employee who has high levels of education and experience would be perceived as having __________ for their role in the company - Answer- h...

Human resource management ch. 1-6 questions and answers 100% correct Human resource management leadership and management of people within an organization using systems, methods, processes, and procedures that enable employees to optimize their contribution to the organization and its goals Proactive HRM •Decision Makers anticipate problems and challenges action before problem arises Reactive HRM •Decision makers respond to problems rather than anticipate Mission Stat...

Human Resource Management (HRM) utilization of individuals to achieve organizational objectives. 6 HRM Functions Staffing, Performance Management, Human Resource Development, Compensation, Employee and Labor Relations, Safety and Health Staffing The process through which an organization ensures that it always has the proper number of employees with the appropriate skills in the right jobs, at the right time, to achieve, organizational objectives Performance Management a goal- oriented process...

HROB2290 FINAL EXAM QUESTIONS WITH ANSWERS A good definition of human resources management would be: - ANSWER the management of people in organizations to drive successful organizational performance and achievement of the organizations strategic goals The company's strategic situation is impacted by: - ANSWER the company's competitive environment an employee who has high levels of education and experience would be perceived as having __________ for their role in the company - AN...

HROB 2290 Exam Questions and Answers 100% Pass Five functions managers do - Answer- plan, organize, staffing, leading and controlling Human resource management - Answer- management of the people in the organization to drive successful organization performances Planning - Answer- establish goals, develop rules and plans organizing - Answer- delegating authority, coordinating subordinates staffing - Answer- determining the type of employee to hire, recruiting, selecting, evaluating perform...