MGMT 3013 Okstste Pappas: Exam 3
(spring 2025) Questions and Answers
100% Pass
Human Resource management - ✔✔The activities that center on the attraction,
development, and retention of high quality employees.
Human Capital - ✔✔the economic value of what our employees can produce or the
services that they provide
Social Capital - ✔✔the connections between individuals and entities that can be
economically valuable
HRM Functions - ✔✔companies and organizations structure themselves in a variety of
ways for specific purposes
- they do this to organize work so that the goals of the organization are accomplished
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,- the process of understanding each of the jobs within the organization and ensuring
that each job contributes to the overall mission, strategy, and goals of the organization
-
job analysis - ✔✔helps us understand the job as it exists
job design - ✔✔allows us to change the job as needed
job - ✔✔a collection of related tasks, duties, and responsibilities
job description - ✔✔a summary of the tasks, duties, and responsibilities that are
associated with a particular job
job specification - ✔✔outlines the minimum qualifications that a potential employee
must possess to be successful at a job in terms of the knowledge, skills, and abilities,
and other characteristics
position - ✔✔the job held by an individual
Forecasting - ✔✔the process of predicting both the labor demand and labor supply for
the different jobs in an organization
- the goal is to determine whether we expect a labor surplus or labor shortage
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, recruiting - ✔✔the process of finding and attracting new employees
internal recruiting - ✔✔using existing employees to fill vacancies within the
organization
external recruiting - ✔✔process of finding and attracting potential employees from
outside the organization
selection process - ✔✔initial stage
substantive stage
discretionary stage contingent stage
initial selection - ✔✔when we determine whether or not each of our applicants meets
the basic minimum requirements for the job
Substantive selection - ✔✔when an applicant is deemed to meet the minimum
qualifications, when they become a candidate for the job
discretionary selection - ✔✔once the substantive stage is completed, finalists move on to
this stage of the selection process to find the right candidate
contingent selection - ✔✔make our offer of employment but there is still one final stage
to clear for background checking
structured interviews - ✔✔standardized process of interviewing in which candidates
are evaluated based on pre- defined list of items
Brittie Donald, All Rights Reserved © 2025 3
(spring 2025) Questions and Answers
100% Pass
Human Resource management - ✔✔The activities that center on the attraction,
development, and retention of high quality employees.
Human Capital - ✔✔the economic value of what our employees can produce or the
services that they provide
Social Capital - ✔✔the connections between individuals and entities that can be
economically valuable
HRM Functions - ✔✔companies and organizations structure themselves in a variety of
ways for specific purposes
- they do this to organize work so that the goals of the organization are accomplished
Brittie Donald, All Rights Reserved © 2025 1
,- the process of understanding each of the jobs within the organization and ensuring
that each job contributes to the overall mission, strategy, and goals of the organization
-
job analysis - ✔✔helps us understand the job as it exists
job design - ✔✔allows us to change the job as needed
job - ✔✔a collection of related tasks, duties, and responsibilities
job description - ✔✔a summary of the tasks, duties, and responsibilities that are
associated with a particular job
job specification - ✔✔outlines the minimum qualifications that a potential employee
must possess to be successful at a job in terms of the knowledge, skills, and abilities,
and other characteristics
position - ✔✔the job held by an individual
Forecasting - ✔✔the process of predicting both the labor demand and labor supply for
the different jobs in an organization
- the goal is to determine whether we expect a labor surplus or labor shortage
Brittie Donald, All Rights Reserved © 2025 2
, recruiting - ✔✔the process of finding and attracting new employees
internal recruiting - ✔✔using existing employees to fill vacancies within the
organization
external recruiting - ✔✔process of finding and attracting potential employees from
outside the organization
selection process - ✔✔initial stage
substantive stage
discretionary stage contingent stage
initial selection - ✔✔when we determine whether or not each of our applicants meets
the basic minimum requirements for the job
Substantive selection - ✔✔when an applicant is deemed to meet the minimum
qualifications, when they become a candidate for the job
discretionary selection - ✔✔once the substantive stage is completed, finalists move on to
this stage of the selection process to find the right candidate
contingent selection - ✔✔make our offer of employment but there is still one final stage
to clear for background checking
structured interviews - ✔✔standardized process of interviewing in which candidates
are evaluated based on pre- defined list of items
Brittie Donald, All Rights Reserved © 2025 3
