HURE 3001 EXAM 1 QUESTIONS WITH VERIFIED
ANSWERS
Human Resource Management - Answers - the policies, practices, and systems that
influence employees' behavior, attitudes, and performance
Human capital - Answers - Organizations employees adding economic value to
company
Strategy - Answers - how organization needs to evolve to meet an objective
Vision - Answers - an encompassing explanation of why the organization exists and
where it's trying to head
Mission Statement - Answers - a statement of the organization's purpose - what it wants
to accomplish in the larger environment
values statement - Answers - A brief articulation of the principles that guide a company's
decisions and behaviors
Goals - Answers - The broad, long-term accomplishments an organization wishes to
attain.
SWOT - Answers - strengths, weaknesses, opportunities, threats
Strategic Formulation - Answers - The development of a set of corporate, business, and
functional strategies that allow an organization to accomplish its mission and achieve its
goals
Strategic execution - Answers - the stage of strategic management that involves the use
of managerial and organizational tools to direct resources toward achieving strategic
outcomes
What are the main responsibilities of HRM? - Answers - -HR planning
-Recruiting
-Selection
-Training and development
-Performance management
-Compensation
-Employee relations
What are the different roles of HR? - Answers - Administrative services, Business
partner services, strategic partner
, How has HR's role evolved over the last 30 years? - Answers - Enabler & builder of
talent that is agile, business integrated, data driven, innovative, and consultant
Why is it in an organization's best interest to have an effective HR department? -
Answers - Contributes to firms performance, people as competitive advantage, most
business functions rely on people, adds to bottom line
How can HR provide an organization with a sustainable competitive advantage? -
Answers - Better systems are related to high market value, share price, and EBIT
What roles do leaders have in HR-related responsibilities? - Answers - startups-
founders, typically required to take control of HR functions
What are the 4 principles of ethical firms? - Answers - 1. Mutual benefit
2. Assume responsibility
3. Sense of Purpose
4. Fairness
Why does fairness matter when making decisions about people at work? - Answers - to
prevent outrage
Because happy workers impact the bottom line
AND, it's the right thing to do
What is an organizational strategy? How do you formulate a strategy? How does HR
help to execute an organizational strategy? - Answers - organizational strategy-
dynamic, long term plan toward attainment of goals.
-formulate by Mission, values, goals, SWOT Analysis, HR plays a role in formulating
strategy by determining the best way to leverage people
-HR implements the people activities (e.g., talent acquisition, development, performance
management)
EEO - Answers - Equal Employment Opportunity regardless of their race, color, religion,
sex, age, disability, national origin, etc.
Retaliation - Answers - Against an individual for filing a charge of discrimination,
participation in an investigation, or opposing discriminatory practices
Harassment - Answers - -Tangible job detriment (quid pro quo)
-Hostile work environment (severe & pervasive)
ANSWERS
Human Resource Management - Answers - the policies, practices, and systems that
influence employees' behavior, attitudes, and performance
Human capital - Answers - Organizations employees adding economic value to
company
Strategy - Answers - how organization needs to evolve to meet an objective
Vision - Answers - an encompassing explanation of why the organization exists and
where it's trying to head
Mission Statement - Answers - a statement of the organization's purpose - what it wants
to accomplish in the larger environment
values statement - Answers - A brief articulation of the principles that guide a company's
decisions and behaviors
Goals - Answers - The broad, long-term accomplishments an organization wishes to
attain.
SWOT - Answers - strengths, weaknesses, opportunities, threats
Strategic Formulation - Answers - The development of a set of corporate, business, and
functional strategies that allow an organization to accomplish its mission and achieve its
goals
Strategic execution - Answers - the stage of strategic management that involves the use
of managerial and organizational tools to direct resources toward achieving strategic
outcomes
What are the main responsibilities of HRM? - Answers - -HR planning
-Recruiting
-Selection
-Training and development
-Performance management
-Compensation
-Employee relations
What are the different roles of HR? - Answers - Administrative services, Business
partner services, strategic partner
, How has HR's role evolved over the last 30 years? - Answers - Enabler & builder of
talent that is agile, business integrated, data driven, innovative, and consultant
Why is it in an organization's best interest to have an effective HR department? -
Answers - Contributes to firms performance, people as competitive advantage, most
business functions rely on people, adds to bottom line
How can HR provide an organization with a sustainable competitive advantage? -
Answers - Better systems are related to high market value, share price, and EBIT
What roles do leaders have in HR-related responsibilities? - Answers - startups-
founders, typically required to take control of HR functions
What are the 4 principles of ethical firms? - Answers - 1. Mutual benefit
2. Assume responsibility
3. Sense of Purpose
4. Fairness
Why does fairness matter when making decisions about people at work? - Answers - to
prevent outrage
Because happy workers impact the bottom line
AND, it's the right thing to do
What is an organizational strategy? How do you formulate a strategy? How does HR
help to execute an organizational strategy? - Answers - organizational strategy-
dynamic, long term plan toward attainment of goals.
-formulate by Mission, values, goals, SWOT Analysis, HR plays a role in formulating
strategy by determining the best way to leverage people
-HR implements the people activities (e.g., talent acquisition, development, performance
management)
EEO - Answers - Equal Employment Opportunity regardless of their race, color, religion,
sex, age, disability, national origin, etc.
Retaliation - Answers - Against an individual for filing a charge of discrimination,
participation in an investigation, or opposing discriminatory practices
Harassment - Answers - -Tangible job detriment (quid pro quo)
-Hostile work environment (severe & pervasive)
