WGU C202 MANAGING HUMAN CAPITAL
EXAM STUDY GUIDE 2024
Compensation including free meals, vacation time, and health insurance
- ANSWER -indirect financial compensation
Rewards and incentives given to employees that are not financial in
nature - ANSWER -nonfinancial compensation
Creating new HRM initiatives to strengthen employees' ethical
awareness and company culture - ANSWER -strategic risk
HRM activities directly influencing the organization's success or failure -
ANSWER -operational risk
Reduction in the cost of hiring employees - ANSWER -financial risk
Thinking through legal ramifications of an employment-related decision
- ANSWER -compliance risk
,Common organizational strategies for international expansion -
ANSWER -mergers and acquisitions
Reasons for failure in mergers and acquisitions - ANSWER -culture
issues
Extremely important interaction between HR and employees - ANSWER
-Communication
The four broad types of organizational culture - ANSWER -
entrepreneurial, bureaucratic, consensual, competitive
Culture that leads to consistent excellence - ANSWER -Performance
Culture exemplified by Starbucks - ANSWER -people-oriented
Culture stifling innovation and risk taking - ANSWER -Bureaucratic
How HRM creates value within an organization - ANSWER -by making
the company better at executing its strategy
Purpose of the organizational function of HRM - ANSWER -attract, hire,
develop, reward, and retain talent
, Planning ensuring availability of leaders within the organization -
ANSWER -Succession
Aligning individual employees' goals with organizational goals - ANSWER
-performance management
HRM function responsible for improving employee skills - ANSWER -
Training
What staffing enables the organization to execute - ANSWER -business
strategy
One of the most common aspects managed by HRM - ANSWER -
Changes
Key element for employee commitment and successful change efforts -
ANSWER -Trust
Issues often causing problems in mergers - ANSWER -Cultural
Involving employees can improve commitment to change - ANSWER -
Change
EXAM STUDY GUIDE 2024
Compensation including free meals, vacation time, and health insurance
- ANSWER -indirect financial compensation
Rewards and incentives given to employees that are not financial in
nature - ANSWER -nonfinancial compensation
Creating new HRM initiatives to strengthen employees' ethical
awareness and company culture - ANSWER -strategic risk
HRM activities directly influencing the organization's success or failure -
ANSWER -operational risk
Reduction in the cost of hiring employees - ANSWER -financial risk
Thinking through legal ramifications of an employment-related decision
- ANSWER -compliance risk
,Common organizational strategies for international expansion -
ANSWER -mergers and acquisitions
Reasons for failure in mergers and acquisitions - ANSWER -culture
issues
Extremely important interaction between HR and employees - ANSWER
-Communication
The four broad types of organizational culture - ANSWER -
entrepreneurial, bureaucratic, consensual, competitive
Culture that leads to consistent excellence - ANSWER -Performance
Culture exemplified by Starbucks - ANSWER -people-oriented
Culture stifling innovation and risk taking - ANSWER -Bureaucratic
How HRM creates value within an organization - ANSWER -by making
the company better at executing its strategy
Purpose of the organizational function of HRM - ANSWER -attract, hire,
develop, reward, and retain talent
, Planning ensuring availability of leaders within the organization -
ANSWER -Succession
Aligning individual employees' goals with organizational goals - ANSWER
-performance management
HRM function responsible for improving employee skills - ANSWER -
Training
What staffing enables the organization to execute - ANSWER -business
strategy
One of the most common aspects managed by HRM - ANSWER -
Changes
Key element for employee commitment and successful change efforts -
ANSWER -Trust
Issues often causing problems in mergers - ANSWER -Cultural
Involving employees can improve commitment to change - ANSWER -
Change
