MGMT3013 Exam 3 pappas okstate
Questions and Answers 100% Pass
HRM - ✔✔Human Resource Management
Human Resource Management - ✔✔The activities that center on the attraction,
development, and retention of high quality employees
Human Capital - ✔✔the economic value of what our employees can produce or the
services that they provide
Book Value - ✔✔total assents - total liabilities - total intangible assets
Market Value - ✔✔what the market is willing to pay for a company
Social Capital - ✔✔the connections between individuals and entities that can be
economically valuable
Basic Activities for HRM - ✔✔Analysis and design, planning, selection, recruiting,
compensation, performance management, training and development, employee
relations
A job - ✔✔a collection of related tasks, duties and responsibilities
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,A position - ✔✔the job held by an individual
A cornerstone of HRM is the process of - ✔✔understanding each of the jobs within the
organization and ensuring that each job contributes to the overall mission, strategy and
goals of the organization
Job Analysis - ✔✔the process of gathering detailed information about the various jobs
within the organization
Job Design - ✔✔the process of defining or redefining jobs within the organization
Job analysis helps us - ✔✔understand the job as it exists
Job design allows us - ✔✔to change the job as needed
The result of job analysis is - ✔✔Job Description
Job Description - ✔✔a summary of the tasks, duties and responsibilities that are
associated with a particular job
Job Specification - ✔✔outlines the minimum qualifications that a potential employee
must possess to be successful at that job in terms of the knowledge, skills, abilities and
other characteristics
KSAO's - ✔✔knowledge, skills, abilities, and other characteristics
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, Forecasting - ✔✔process of predicting both the labor demand and labor supply for the
different jobs in an organiziton
The Goal of Forecasting - ✔✔to determine whether we expect a labor surplus or labor
shortage
If your organization has determined that it has a labor shortage, the first step is -
✔✔recruiting
Recruiting - ✔✔the process of finding and attracting new employees
Internal Recruiting - ✔✔using existing employees to fill vacancies within the
organization
External Recruiting - ✔✔process of finding and attracting potential employees from
outside the organization
The Selection Process has ____ stages - ✔✔four
The Selection Process - ✔✔1) The Initial Stage 2) Substantive Stage 3) Discretionary
Stage 4) The Contingent Stge
The Initial Stage - ✔✔when we determine whether or not each of our applicants meets
the basic minimum requirements for the job
Substantive Stage - ✔✔when an applicant is deemed to meet the minimum
qualifications, then they become a candidate for the job
Brittie Donald, All Rights Reserved © 2025 3
Questions and Answers 100% Pass
HRM - ✔✔Human Resource Management
Human Resource Management - ✔✔The activities that center on the attraction,
development, and retention of high quality employees
Human Capital - ✔✔the economic value of what our employees can produce or the
services that they provide
Book Value - ✔✔total assents - total liabilities - total intangible assets
Market Value - ✔✔what the market is willing to pay for a company
Social Capital - ✔✔the connections between individuals and entities that can be
economically valuable
Basic Activities for HRM - ✔✔Analysis and design, planning, selection, recruiting,
compensation, performance management, training and development, employee
relations
A job - ✔✔a collection of related tasks, duties and responsibilities
Brittie Donald, All Rights Reserved © 2025 1
,A position - ✔✔the job held by an individual
A cornerstone of HRM is the process of - ✔✔understanding each of the jobs within the
organization and ensuring that each job contributes to the overall mission, strategy and
goals of the organization
Job Analysis - ✔✔the process of gathering detailed information about the various jobs
within the organization
Job Design - ✔✔the process of defining or redefining jobs within the organization
Job analysis helps us - ✔✔understand the job as it exists
Job design allows us - ✔✔to change the job as needed
The result of job analysis is - ✔✔Job Description
Job Description - ✔✔a summary of the tasks, duties and responsibilities that are
associated with a particular job
Job Specification - ✔✔outlines the minimum qualifications that a potential employee
must possess to be successful at that job in terms of the knowledge, skills, abilities and
other characteristics
KSAO's - ✔✔knowledge, skills, abilities, and other characteristics
Brittie Donald, All Rights Reserved © 2025 2
, Forecasting - ✔✔process of predicting both the labor demand and labor supply for the
different jobs in an organiziton
The Goal of Forecasting - ✔✔to determine whether we expect a labor surplus or labor
shortage
If your organization has determined that it has a labor shortage, the first step is -
✔✔recruiting
Recruiting - ✔✔the process of finding and attracting new employees
Internal Recruiting - ✔✔using existing employees to fill vacancies within the
organization
External Recruiting - ✔✔process of finding and attracting potential employees from
outside the organization
The Selection Process has ____ stages - ✔✔four
The Selection Process - ✔✔1) The Initial Stage 2) Substantive Stage 3) Discretionary
Stage 4) The Contingent Stge
The Initial Stage - ✔✔when we determine whether or not each of our applicants meets
the basic minimum requirements for the job
Substantive Stage - ✔✔when an applicant is deemed to meet the minimum
qualifications, then they become a candidate for the job
Brittie Donald, All Rights Reserved © 2025 3
