BUS 381 - Midterm (Chapters 1-6) Exam
Questions With Correct Answers
manager - CORRECT ANSWER✔✔-is responsible for accomplishing the
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organization's goals and does so by managing the efforts of the
| | | | | | | | | | |
organization's people |
Management Process - CORRECT ANSWER✔✔-planning, organizing,
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leading, controlling
|
HR Functions - CORRECT ANSWER✔✔-strategy and planning,
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recruitment and selection, staffing and training, talent/performance
| | | | | | |
management, occupational health and safety, engagement and
| | | | | | |
empowerment, law and compliance, compensation and benefits, and
| | | | | | | |
labor relations
|
Human Resource Management - CORRECT ANSWER✔✔-the
| | | | | |
management of people in organizations to drive successful
| | | | | | | |
organizational performance and achievement of the organization's
| | | | | | |
strategic goals |
,list of HR positions/roles - CORRECT ANSWER✔✔-6) CHRO/CPO, 5) Vice
| | | | | | | | | |
President, 4) Director, 3) Manager, 2) Individual Contributors 1) Entry-
| | | | | | | | |
Level
Strategic Planning - CORRECT ANSWER✔✔-the company's plan for how
| | | | | | | | |
it will match its internal strength and weaknesses with its external
| | | | | | | | | | |
opportunities and threats to maintain a competitive position
| | | | | | |
Strategic Management - CORRECT ANSWER✔✔-The process of
| | | | | | |
identifying and executing the organization's strategic plan, by matching
| | | | | | | | |
the company's capabilities with the demands of its environment
| | | | | | | |
human capital - CORRECT ANSWER✔✔-the knowledge, education,
| | | | | | |
training, skills and expertise or an organization's workforce
| | | | | | |
Outsourcing - CORRECT ANSWER✔✔-the practice of contracting with
| | | | | | | |
outside vendors to handle specified business functions on a limited
| | | | | | | | | |
term or permanent basis
| | |
Allyship - CORRECT ANSWER✔✔-actively supporting people from
| | | | | | |
marginalized groups by using one's power or privilege to amplify
| | | | | | | | | |
unheard voices and advocate for oppressed people
| | | | | |
,Primary Sector - CORRECT ANSWER✔✔-The portion of the economy
| | | | | | | | |
concerned with the direct extraction of materials from Earth's surface,
| | | | | | | | | |
generally through agriculture, although sometimes by mining, fishing,
| | | | | | | |
and forestry. 4% of jobs.
| | | |
Secondary Sector - CORRECT ANSWER✔✔-The portion of the economy
| | | | | | | | |
concerned with manufacturing and constructing useful products. 17% of
| | | | | | | |
jobs.
|
the tertiary/service sector - CORRECT ANSWER✔✔-provides us with
| | | | | | | |
transportation, communication and utilities (transportation, retailing,
| | | | | |
education, routine office-based jobs, etc.) 79% of jobs.
| | | | | | |
evidence based HRM - CORRECT ANSWER✔✔-The use of data, facts,
| | | | | | | | | |
analytics, scientific rigor, critical evaluation, and critically evaluated
| | | | | | | |
research/case studies to support human resource management
| | | | | | |
proposals, decisions, practices, and conclusions
| | | |
Metrics - CORRECT ANSWER✔✔-measurements used to track
| | | | | | |
performance and results | |
Strategic HRM Tools - CORRECT ANSWER✔✔-- Strategy map
| | | | | | |
- Balanced scorecard
| |
- Digital dashboard
| |
, strategy map - CORRECT ANSWER✔✔-A strategic planning tool that
| | | | | | | | |
shows the "big picture" of how each department's performance
| | | | | | | | |
contributes to achieving the company's overall strategic goals.
| | | | | | |
Balanced Scorecard - CORRECT ANSWER✔✔-A measurement system
| | | | | | |
that translates an organization's strategy into a comprehensive set of
| | | | | | | | | |
performance measures. |
digital dashboard - CORRECT ANSWER✔✔-displays on a single screen
| | | | | | | | |
graphs and charts of key performance indicators for managing a
| | | | | | | | | |
company
Certification - CORRECT ANSWER✔✔-recognition for having met specific
| | | | | | |
professional goals
| |
Ethics - CORRECT ANSWER✔✔-the study of standards of conduct and
| | | | | | | | | |
moral judgement; also the standards of right conduct
| | | | | | |
Social Responsibility - CORRECT ANSWER✔✔-a company's approach to
| | | | | | | |
balancing its commitments, not only to its investors but also its
| | | | | | | | | | |
employees and customers, other businesses, and the community or
| | | | | | | | |
communities in which it operates | | | |
Questions With Correct Answers
manager - CORRECT ANSWER✔✔-is responsible for accomplishing the
| | | | | | | |
organization's goals and does so by managing the efforts of the
| | | | | | | | | | |
organization's people |
Management Process - CORRECT ANSWER✔✔-planning, organizing,
| | | | | |
leading, controlling
|
HR Functions - CORRECT ANSWER✔✔-strategy and planning,
| | | | | | |
recruitment and selection, staffing and training, talent/performance
| | | | | | |
management, occupational health and safety, engagement and
| | | | | | |
empowerment, law and compliance, compensation and benefits, and
| | | | | | | |
labor relations
|
Human Resource Management - CORRECT ANSWER✔✔-the
| | | | | |
management of people in organizations to drive successful
| | | | | | | |
organizational performance and achievement of the organization's
| | | | | | |
strategic goals |
,list of HR positions/roles - CORRECT ANSWER✔✔-6) CHRO/CPO, 5) Vice
| | | | | | | | | |
President, 4) Director, 3) Manager, 2) Individual Contributors 1) Entry-
| | | | | | | | |
Level
Strategic Planning - CORRECT ANSWER✔✔-the company's plan for how
| | | | | | | | |
it will match its internal strength and weaknesses with its external
| | | | | | | | | | |
opportunities and threats to maintain a competitive position
| | | | | | |
Strategic Management - CORRECT ANSWER✔✔-The process of
| | | | | | |
identifying and executing the organization's strategic plan, by matching
| | | | | | | | |
the company's capabilities with the demands of its environment
| | | | | | | |
human capital - CORRECT ANSWER✔✔-the knowledge, education,
| | | | | | |
training, skills and expertise or an organization's workforce
| | | | | | |
Outsourcing - CORRECT ANSWER✔✔-the practice of contracting with
| | | | | | | |
outside vendors to handle specified business functions on a limited
| | | | | | | | | |
term or permanent basis
| | |
Allyship - CORRECT ANSWER✔✔-actively supporting people from
| | | | | | |
marginalized groups by using one's power or privilege to amplify
| | | | | | | | | |
unheard voices and advocate for oppressed people
| | | | | |
,Primary Sector - CORRECT ANSWER✔✔-The portion of the economy
| | | | | | | | |
concerned with the direct extraction of materials from Earth's surface,
| | | | | | | | | |
generally through agriculture, although sometimes by mining, fishing,
| | | | | | | |
and forestry. 4% of jobs.
| | | |
Secondary Sector - CORRECT ANSWER✔✔-The portion of the economy
| | | | | | | | |
concerned with manufacturing and constructing useful products. 17% of
| | | | | | | |
jobs.
|
the tertiary/service sector - CORRECT ANSWER✔✔-provides us with
| | | | | | | |
transportation, communication and utilities (transportation, retailing,
| | | | | |
education, routine office-based jobs, etc.) 79% of jobs.
| | | | | | |
evidence based HRM - CORRECT ANSWER✔✔-The use of data, facts,
| | | | | | | | | |
analytics, scientific rigor, critical evaluation, and critically evaluated
| | | | | | | |
research/case studies to support human resource management
| | | | | | |
proposals, decisions, practices, and conclusions
| | | |
Metrics - CORRECT ANSWER✔✔-measurements used to track
| | | | | | |
performance and results | |
Strategic HRM Tools - CORRECT ANSWER✔✔-- Strategy map
| | | | | | |
- Balanced scorecard
| |
- Digital dashboard
| |
, strategy map - CORRECT ANSWER✔✔-A strategic planning tool that
| | | | | | | | |
shows the "big picture" of how each department's performance
| | | | | | | | |
contributes to achieving the company's overall strategic goals.
| | | | | | |
Balanced Scorecard - CORRECT ANSWER✔✔-A measurement system
| | | | | | |
that translates an organization's strategy into a comprehensive set of
| | | | | | | | | |
performance measures. |
digital dashboard - CORRECT ANSWER✔✔-displays on a single screen
| | | | | | | | |
graphs and charts of key performance indicators for managing a
| | | | | | | | | |
company
Certification - CORRECT ANSWER✔✔-recognition for having met specific
| | | | | | |
professional goals
| |
Ethics - CORRECT ANSWER✔✔-the study of standards of conduct and
| | | | | | | | | |
moral judgement; also the standards of right conduct
| | | | | | |
Social Responsibility - CORRECT ANSWER✔✔-a company's approach to
| | | | | | | |
balancing its commitments, not only to its investors but also its
| | | | | | | | | | |
employees and customers, other businesses, and the community or
| | | | | | | | |
communities in which it operates | | | |