Human resource management midterm
exam 1-6 Questions & Answers
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 to do the HR work that was previously done internally.
What is a professional employer organization? - ANSWERSa company that leases
employees to other businesses. they pay the employees, provide or not provide
benefits, deal w/IRS etc. and charge company they provide employees to a 2-7%
management fee.
What is an HR shared service center? - ANSWERS
Generalist vs. Specialist - ANSWERSGeneralist: a person who may be an executive
and preforms tasks in a variety of HR related areas
Specialist: an individual may be an HR executive, manager or non manager and is only
concerned w ONE of the six functional areas of HRM
Add more cards - ANSWERSFrom chapter 1
Compliance - ANSWERSsets the minimum acceptable ethical behavior
legislating ethics: what is the procurement integrity act? 1988 - ANSWERSprohibits the
release by government employees of source selection and contractor bid or proposal
information.
legislating ethics: federal sentencing guidelines for organizations act? -
ANSWERSoutlined an effective ethics training program and explained the 7 minimum
requirements for an effective program to prevent/detect violations.
if executives were proactive to prevent white collar crimes it would lessen a judgement
against them and reduce the liability.
exam 1-6 Questions & Answers
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 to do the HR work that was previously done internally.
What is a professional employer organization? - ANSWERSa company that leases
employees to other businesses. they pay the employees, provide or not provide
benefits, deal w/IRS etc. and charge company they provide employees to a 2-7%
management fee.
What is an HR shared service center? - ANSWERS
Generalist vs. Specialist - ANSWERSGeneralist: a person who may be an executive
and preforms tasks in a variety of HR related areas
Specialist: an individual may be an HR executive, manager or non manager and is only
concerned w ONE of the six functional areas of HRM
Add more cards - ANSWERSFrom chapter 1
Compliance - ANSWERSsets the minimum acceptable ethical behavior
legislating ethics: what is the procurement integrity act? 1988 - ANSWERSprohibits the
release by government employees of source selection and contractor bid or proposal
information.
legislating ethics: federal sentencing guidelines for organizations act? -
ANSWERSoutlined an effective ethics training program and explained the 7 minimum
requirements for an effective program to prevent/detect violations.
if executives were proactive to prevent white collar crimes it would lessen a judgement
against them and reduce the liability.
