12.HR MANAGEMENT CHAPTER 1 QUIZ WITH CORRECT DETAILED
ANSWERS
Human Capital - correct answer the knowledge, skills, and capabilities of individuals that have
economic value to an organization
Downsizing - correct answer planned elimination of jobs
Outsourcing - correct answer contracting outside the organization to have work done that
formerly was done by internal employees
Offshoring - correct answer the business practice of sending jobs to other countries
Corporate Social Responsibility - correct answer the responsibility of the firm to act in the best
interests of the people and communities affected by its activities (good corporate citizenship)
Sustainability - correct answer doing business in a way that does as little harm to the
environment and depletes as few natural resources as possible
Collaborative Software - correct answer software that allows workers to interface and share
information with one another electronically
Knowledge workers - correct answer workers whose responsibilities extend beyond the physical
execution of work to include planning, decision-making, and problem-solving
Human Resources Information System (HRIS) - correct answer a computerized system that
provides current and accurate data for purposes of control and decision-making
Nearshoring - correct answer occurs when a firm relocates jobs abroad to nations closer to its
domestic market
ANSWERS
Human Capital - correct answer the knowledge, skills, and capabilities of individuals that have
economic value to an organization
Downsizing - correct answer planned elimination of jobs
Outsourcing - correct answer contracting outside the organization to have work done that
formerly was done by internal employees
Offshoring - correct answer the business practice of sending jobs to other countries
Corporate Social Responsibility - correct answer the responsibility of the firm to act in the best
interests of the people and communities affected by its activities (good corporate citizenship)
Sustainability - correct answer doing business in a way that does as little harm to the
environment and depletes as few natural resources as possible
Collaborative Software - correct answer software that allows workers to interface and share
information with one another electronically
Knowledge workers - correct answer workers whose responsibilities extend beyond the physical
execution of work to include planning, decision-making, and problem-solving
Human Resources Information System (HRIS) - correct answer a computerized system that
provides current and accurate data for purposes of control and decision-making
Nearshoring - correct answer occurs when a firm relocates jobs abroad to nations closer to its
domestic market