Comprehensive Exam Quiz Study Guide
with Correct Answers 100% Pass |
Graded A+
David Mungai [Date] [Course title]
, SHRM Certified Professional CP 2024
Comprehensive Exam Quiz Study Guide
with Correct Answers 100% Pass |
Graded A+
Career Planning - Answer>> Actions & activities that individuals
perform in order to give direction to their work lives.
Brain drain - Answer>> Exit of educated & skilled citizens from
emerging & developing countries for better paying jobs in
developed countries.
Cost-of-living adjustment (COLA) - Answer>> Pay adjustment
given to eligible employees regardless of performance or
organizational profitability; usually linked to inflation.
Broadbanding - Answer>> Combining several salary grades or
job classifications with narrow pay ranges unto one brand with a
wider salary spread.
Behavioral interview - Answer>> Type of interview that focuses
on how applicants previously handled real situations.
Competency-based interview - Answer>> Type of interview in
which the interviewer asks questions related to competencies for
the position and asks candidates to provide examples of times
they demonstrated the competencies.
ADDIE model - Answer>> 5 step instructional design process
that governs the development of learning programs.
Analyze, Design, Develop, Implement, and Evaluate.
,Blended learning - Answer>> Planned approach to learning that
included a combination of instructor-led training, self-directed
study, and /or on-the-job training.
Strategy - Answer>> A plan of action for accomplishing an
organization's long-range goals.
SWOT analysis - Answer>> Process for assessing an
organization's strategic capabilities in comparison to threats and
opportunities identified during environmental scanning.
Vision statement - Answer>> Vivid, guiding image of an
organization's desired future, the future it hopes to attain through
its strategy.
Organizational values - Answer>> Beliefs that are important to
an organization and often dictate employee behavior.
Strategic management - Answer>> The actions that leaders
take to move their organizations toward those goals and create
value for all stakeholders.
Strategic planning - Answer>> The process of setting goals and
designing a path toward a competitive position.
Net profit margin - Answer>> Ratio of net income (gross sales
minus expenses and taxes) to net sales.
Leading indicator - Answer>> Type of metric that describes an
activity that can change future performance and indicate higher
degree of success in achieving strategic goals.
Environmental scanning - Answer>> Process that involves a
systematic survey and interpretation of relevant data to identify
, external opportunities and threats and to assess how these
factors affect the organization currently and how they are likely to
affect the organization in the future.
Benchmarking - Answer>> Process that compares performance
levels and/or processes of one entity with those of another to
identify performance gaps and set goals aimed at improving
performance.
Blue ocean strategies - Answer>> Strategies that generate
competitive advantage by creating a new marketplace arena in
which there are no other competitors.
Weingarten rights - Answer>> Union employees' right in U.S. to
have a union representative or coworker present during an
investigatory interview.
Worker Adjustment and Retraining Notification (WARN) Act -
Answer>> U.S. act that requires some employers to give a
minimum of 60 days' notice if a plant is to close or is mass layoffs
will occur.
Uniformed Services Employment and Reemployment Rights Act
(USERRA) - Answer>> U.S. act that protects the employment
reemployment, and retention rights of persons who serve or have
served in the uniformed services.
Vesting - Answer>> Process by which a retirement benefit
becomes nonforfeitable.
Stakeholders - Answer>> All those affected by an
organization's social, environmental, and economic impact
shareholders, employees, customers, suppliers, regulators, and
local communities.