Fm 116 Ch 9 Test With Complete Solutions

FM 116 CH 9 TEST WITH COMPLETE
SOLUTIONS




Humanzresourceszmanagementz(HRM)z-zcorrectzanswer-
allzthezactivitieszinvolvedzinzACQUIRING,zMAINTAINING,zandzDEVELOPING,zanzorga
nization'szhumanzresources

Humanzresourceszplanningz-zcorrectzanswer-
determiningzthezfirm'szfuturezhumanzresourceszneeds

Humanzresourceszplanningz-zcorrectzanswer--
thezdevelopmentzofzstrategiesztozmeetzazfirm'szhumanzresourceszneeds
-Thezorganization'szoverallzstrategiczplanziszthezstartingzpointzofzthezprocess.
z-

Fromzthis,zhumanzresourcezplannerszcanzforecastzfuturezdemandzforzhumanzresources.

Compensationz-zcorrectzanswer--
rewardingzemployeezeffortzthroughzmonetaryzpayments
-Benefitsz-zprovidingzrewardsztozensurezemployeezwell-being

Performancezappraisalz-zcorrectzanswer-
assessingzemployees'zcurrentzandzpotentialzperformancezlevels

Replacementzchartz-zcorrectzanswer-
azlistzofzkeyzpersonnelzandztheirzpossiblezreplacementszwithinzazfirm

Skillszinventoryz-zcorrectzanswer-
azcomputerizedzdatazbankzcontainingzinformationzonzthezskillszandzexperiencezofzallzpre
sentzemployees

Layoffsz-zcorrectzanswer-firingzandztheyzcanzcomezback

Attritionz-zcorrectzanswer-theyzleavezslowlyz(vounterally)zgoogle-
zthezgradualzreductionzofzazworkforcezbyzemployees'zleavingzandznotzbeingzreplacedzrat

herzthanzbyztheirzbeingzlaidzoff.

Earlyzretirementz-zcorrectzanswer-
thezpracticezofzleavingzemploymentzbeforezthezstatutoryzage,zespeciallyzonzfavorablezfin
ancialzterms.

, Buyoutsz-zcorrectzanswer-
governmentzofferszcashzincentivesztozemployeeszwhozagreeztozleavezgovernmentzempl
oyment

Firingz-zcorrectzanswer-THEYzLOSEzTHIERzJOB

Whenzthezsupplyzofzemployeesziszpredictedztozbezgreaterzthanzthezdemand,zthezfirmzmu
stztakezstepsztozreducezthezsizezofzitszworkforcezthrough:z-zcorrectzanswer-Layoffs-
zfiringzandztheyzcanzcomezback

Attritionz-ztheyzleavezslowlyz(vounterally)zgoogle-
zthezgradualzreductionzofzazworkforcezbyzemployees'zleavingzandznotzbeingzreplacedzrat

herzthanzbyztheirzbeingzlaidzoff.
Earlyzretirement-
zthezpracticezofzleavingzemploymentzbeforezthezstatutoryzage,zespeciallyzonzfavorablezfi

nancialzterms.
Buyouts
Firing

Culturalz(orzworkplace)zdiversityz-zcorrectzanswer-
differenceszamongzpeoplezinzazworkforcezowingztozrace,zethnicity,zandzgender

Advantageszofzculturalzdiversityz-zcorrectzanswer--
zEmployeeszwithzknowledgezaboutzanotherzcountryzandzwhozcanzcommunicatezinzthatzl

anguagezcanzpreventzembarrassingzmistakeszdueztozazlackzofzculturalzsophistication.zT
hus,zmanyzcompanieszseekzjobzapplicantszwithzazbackgroundzinzcultureszinzwhichzthezc
ompanyzdoeszbusiness.
-zDifferenceszwithinzdecision-makingzandzproblem-
solvingzgroupszpotentiallyzproducezbetterzdecisionszthroughzazwiderzrangezofzperspectiv
eszandzmorezthoroughzcriticalzanalysiszofzissues.
-
zDiversityzofzperspectiveszandzlesszemphasiszonzconformityztoznormszofzthezpastzshouldz

improvezthezlevelzofzcreativity.
ADDzTOOzUSINGzSLIDE
Thezcostzofzpoorlyzintegratingzworkerszincreaseszwithzdiversity.zHowever,zcompanieszth
atzhandlezdiversityzwellzcanzcreatezcostzadvantageszoverzthosezthatzdozazpoorzjob.zCom
panieszcanzalsozreducezcostszbyzhiringzculturallyzsensitivezandztrainedzworkers.
Companieszdevelopzreputationszaszbeingzfavorablezorzunfavorablezemployerszforzwom
enzandzethniczminorities.zThosezwithzthezbestzreputationszwillzattractzandzretainzthezbestz
personnel.
Forzmultinationalzorganizations,zthezinsightzandzculturalzsensitivityzthatzcomezfromzanzin
ternationalzperspectivezshouldzimprovezmarketingzefforts.zThezsamezrationalezapplieszt
ozmarketingzsubzpopulationszdomestically.
Culturallyzdiversezemployeeszoftenzarezopenztozazwiderzarrayzofzpositionszwithinzazcomp
anyzandzarezmorezlikelyztozmovezupzthezcorporatezladderzrapidly.

whatzmakeszCulturalzdiversityzsuccessfulz-zwherezdoeszitzstartz-zcorrectzanswer-topz-
zaztopzmanagement