C232 Study Guide - Topic 1 2023/2024 Update Questions And Answers 100% correct Verified

What role does the planning function of human resource management play within organizations?The planning function of human resource management involves two major activities: strategic planning, and short- and medium-range planning. These two activities involve the process of planning and synchronizing HR needs with the strategic mission of the firm. What role does the staffing function of human resource management play within organizations?Once the organization's human resource needs have been linked to the organization's strategy, positions must be filled. Staffing involves recruiting job applicants (also known as candidates), and then selecting the most appropriate applicants for the available jobs. What are the types of employee compensation?Direct and Indirect - Direct is related to compensation, Indirect relates to rewards given on the basis of being a part of the organization. What is the role of performance appraisals?Job performance is evaluated. Measure and monitor employee contribution. Are the basis for promotions, training, raises and terminations. Must be accurate! How does HRM enhance human potential?Formal and informal training and development. Opportunity to grow and develop personally. HRM's work on improving the workplace environment focuses on what two environments?Physical and Psychological work environment What must management be aware of in order to maintain effective work relationships?Foster a positive work environment. Create conditions that make it attractive for employees to stay. Establish and maintain effective working relationships with employees. What impact has globalization had on HR practices?