WGU C202 Managing Human Capital Latest Rated A+
Human Resource Strategy ✔✔ Links the entire human resource function with the firm's
business strategy.
Business Strategy ✔✔ Defines how the firm will compete in its marketplace.
Total Rewards ✔✔ The sum of all rewards employees receives in exchange for their time,
efforts, and performance.
The combined intrinsic and extrinsic rewards of a job.
Employee Handbooks ✔✔ Print or online materials that document the organization's HRM
policies and procedures.
HRM: Human Resource Management ✔✔ The organizational function responsible for
attracting, hiring, developing, rewarding, and retaining talent.
Outsourcing ✔✔ Hiring an external vendor to do work for the company rather than doing
it internally.
Nonfinancial Compensation ✔✔ Rewards and incentives given to employees that are not
financial in nature including intrinsic rewards received from the job itself or from the work
environment.
Intrinsic Reward ✔✔ Non-monetary rewards derived from the work itself.
Competitive Advantage ✔✔ Doing something differently from the competitor thus leading to
outperformance and success.
,Talent Philosophy ✔✔ A system of beliefs about how an organization's employee should be
treated.
Shared Service Center ✔✔ Centralized routine, transaction-based HRM activities.
Professional Employer Organization ✔✔ A company that leases employees to companies that
need them.
Direct Financial Compensation ✔✔ Compensation received in the form of salary, wages,
commissions, stock options, or bonuses.
Virtue Standard ✔✔ The ethical action is consistent with certain ideal virtues including
civility, compassion, benevolence, etc...
Common Good Standard ✔✔ The ethical action shows respect and compassion for all
others, especially the most vulnerable.
Respect and compassion for all
Codes of Conduct ✔✔ Specifies expected and prohibited actions in the workplace and gives an
example of appropriate behavior.
Stakeholder Perspective ✔✔ Considering the interests and opinions of all people,
groups, organizations, or systems that affect or could be affected by the organization's
actions.
Performance Culture ✔✔ Focuses on hiring, retaining, developing, motivating, and making
work assignments based on performance data and results.
Organizational Culture ✔✔ The norms, values, and assumptions of organizational members
that guide members' attitudes and behaviors.
High-performance Work System ✔✔ High involvement or high commitment organizations.
, Code of Ethics ✔✔ A decision-making guide that describes the highest values to which an
organization aspires.
Rights Standard ✔✔ The ethical action is the one that best respects and protects the moral
rights of everyone affected by the action.
Corporate Social Responsibility ✔✔ Businesses showing concern for the common good
and valuing human dignity.
Fairness Standard ✔✔ The ethical action treats all people equally, or at least fairly, based on
some defensible standard.
Ethics ✔✔ The standards of moral behavior that define socially accepted behaviors that
are right as opposed to wrong.
Utilitarian Standard ✔✔ The ethical action that best balances good over harm.
Protected Classes ✔✔ Groups underrepresented in employment.
Equal Employment Opportunity ✔✔ A firm's employment practices must be designed and used
in a manner that treats employees and applicants consistently regardless of their protected
characteristics, such as their sex or race.
Affirmative Action ✔✔ Proactive efforts to eliminate discrimination and its past effects.
Quid Pro Quo Harassment ✔✔ Unwanted verbal or physical conduct of a sexual nature made
as a term condition of employment or as a basis for employment and/or advancement
decisions.
Bona Fide Occupational Qualification ✔✔ Characteristic that is essential to the successful
performance of a relevant job fucntion.
Human Resource Strategy ✔✔ Links the entire human resource function with the firm's
business strategy.
Business Strategy ✔✔ Defines how the firm will compete in its marketplace.
Total Rewards ✔✔ The sum of all rewards employees receives in exchange for their time,
efforts, and performance.
The combined intrinsic and extrinsic rewards of a job.
Employee Handbooks ✔✔ Print or online materials that document the organization's HRM
policies and procedures.
HRM: Human Resource Management ✔✔ The organizational function responsible for
attracting, hiring, developing, rewarding, and retaining talent.
Outsourcing ✔✔ Hiring an external vendor to do work for the company rather than doing
it internally.
Nonfinancial Compensation ✔✔ Rewards and incentives given to employees that are not
financial in nature including intrinsic rewards received from the job itself or from the work
environment.
Intrinsic Reward ✔✔ Non-monetary rewards derived from the work itself.
Competitive Advantage ✔✔ Doing something differently from the competitor thus leading to
outperformance and success.
,Talent Philosophy ✔✔ A system of beliefs about how an organization's employee should be
treated.
Shared Service Center ✔✔ Centralized routine, transaction-based HRM activities.
Professional Employer Organization ✔✔ A company that leases employees to companies that
need them.
Direct Financial Compensation ✔✔ Compensation received in the form of salary, wages,
commissions, stock options, or bonuses.
Virtue Standard ✔✔ The ethical action is consistent with certain ideal virtues including
civility, compassion, benevolence, etc...
Common Good Standard ✔✔ The ethical action shows respect and compassion for all
others, especially the most vulnerable.
Respect and compassion for all
Codes of Conduct ✔✔ Specifies expected and prohibited actions in the workplace and gives an
example of appropriate behavior.
Stakeholder Perspective ✔✔ Considering the interests and opinions of all people,
groups, organizations, or systems that affect or could be affected by the organization's
actions.
Performance Culture ✔✔ Focuses on hiring, retaining, developing, motivating, and making
work assignments based on performance data and results.
Organizational Culture ✔✔ The norms, values, and assumptions of organizational members
that guide members' attitudes and behaviors.
High-performance Work System ✔✔ High involvement or high commitment organizations.
, Code of Ethics ✔✔ A decision-making guide that describes the highest values to which an
organization aspires.
Rights Standard ✔✔ The ethical action is the one that best respects and protects the moral
rights of everyone affected by the action.
Corporate Social Responsibility ✔✔ Businesses showing concern for the common good
and valuing human dignity.
Fairness Standard ✔✔ The ethical action treats all people equally, or at least fairly, based on
some defensible standard.
Ethics ✔✔ The standards of moral behavior that define socially accepted behaviors that
are right as opposed to wrong.
Utilitarian Standard ✔✔ The ethical action that best balances good over harm.
Protected Classes ✔✔ Groups underrepresented in employment.
Equal Employment Opportunity ✔✔ A firm's employment practices must be designed and used
in a manner that treats employees and applicants consistently regardless of their protected
characteristics, such as their sex or race.
Affirmative Action ✔✔ Proactive efforts to eliminate discrimination and its past effects.
Quid Pro Quo Harassment ✔✔ Unwanted verbal or physical conduct of a sexual nature made
as a term condition of employment or as a basis for employment and/or advancement
decisions.
Bona Fide Occupational Qualification ✔✔ Characteristic that is essential to the successful
performance of a relevant job fucntion.
