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D351 Test 1 Questions with 100% Correct Answers

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D351 Test 1 Questions with 100% Correct Answers

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D351 Test 1 Questions with 100% Correct
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Performance Appraisal

Important for measuring and monitoring an employee's contribution, and are often the basis

for deciding whether or not to give promotions.



Formal, structured system for measuring, evaluating, and influencing an employees job

related attributes, behaviors, and outcomes.

SHRM- Strategic Human Resources Management

Bridge between an organization's workforce and its core strategies, objectives, and goals.

HR Objectives

1. Improve productivity

2. Improve quality of work life (QWL)

3. Ensure legal compliance

4. Foster ethical behavior

Strategy

Refers to how an organization is going to compete.

Six trends that represent the major events influencing the growth and importance if

HRM in Society:

1. Increased competition

2. Costs and benefits associated with HR utilization

3. Productivity changes

,4. Increasing pace & Complexity of social, cultural, legal, demographic and educational

changes

5. Symptoms of dysfunction in the workplace

6. Social trends of the 21st Century

Descriptions of traditional work environments:

Stress, Worker Alienation, Boredom, & Job Dissatisfaction

Internal Environment

Comprises of factors under the organizations control such as culture, product development,

mission, & strategy

External Environment

Encompasses factors beyond the organizations control such as economic conditions,

technological advancements, regulations, competition, and socioeconomic trends.

Influences within HR activities:

1. Top Management

2. Organizational structure & Culture

3. Technology

4. Structure

5. Size

Culture

Represents an organizations value system. Includes factors such as employee willingness to

work, their ethics, and how the organization thinks they should be treated.

Flat Structure Organization

,Has fewer managers or a smaller management hierarchy

SWOT Analysis

Strengths, Weaknesses, Opportunities, Threats. Provides the firm with actionable direction

for competing in the marketplace. (Also known as Strategic Assessment Tool). It can help

confirm or refute common perceptions about where a company stands with its competitors

Strengths

Refers to the firm's core competencies, abilities, and capacities that provide and advantage

when meeting the needs of target customers.

Weaknesses

Refers to the limitations a firm daces when seeking to deliver value to customers

Opportunities

Must be exploited for the company to benefit

Threats

Conditions, trends, and barriers in the external environment that hinder the performance

NAFTA (North American Free Trade Agreement)

Corporations were forced to become more competitive

HRM Strategies

encompass a variety of approaches aimed at maximizing the potential of an organizations

human capital, including robust talent acquisition processes, comprehensive employee

development programs, efficient performance management systems, initiatives to boost

employee engagement, and succession planning.

, Talent Acquisition

Developing robust recruitment & selection processes to attract top talent. Involves identifying

the skills and competencies required for various roles. Leveraging recruitment channels

effectively, and implementing fair & unbiased selection procedures.

Employee Development

Investing in employee training and development programs to enhance skills, knowledge, and

performance. Includes providing opportunities for learning and growth, offering mentorship,

coaching, and promoting a culture of continuous learning.

Performance Management

Implementing systems to evaluate and manage employee performance effectively. Involves

setting clear performance expectations, providing regular feedback, and recognizing and

rewarding high performance.

Employee Engagement

Fostering a positive work environment where employees feel valued, motivated, and

encouraged. This includes promoting open communication, facilitating collaboration, and

recognizing and celebrating achievements.

Succession Planning

Identifying & developing future leaders within the organization to ensure continuity and

sustainability. This involves assessing potential successors, providing them with

opportunities for growth & development, and planning for smooth leadership transitions.

Centralized HR:

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