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Management 3013 Exam 3- Coonce Okstate Exam Questions and Answers 100% Pass

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Management 3013 Exam 3- Coonce Okstate Exam Questions and Answers 100% Pass Human Resources 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 how they fit within their organizations Job - Collection of related tasks, duties, and responsibilities Position - The job held by the individual Job Analysis - Helps us understand the job as it exists Job Design - Allows us to change the job as needed Job Description - A summary of the tasks, duties, and responsibilities that are associated with a particular job 2Brittie Donald, All Rights Reserved © 2025 Job Specification - Outlines the minimum qualifications that a potential employee must possess to be successful at that job in terms of the knowledge, skills, abilities, and other characteristics. Forecasting - Process of predicting both the labor demand and labor supply for the different jobs in an organization The Goal of Forecasting - To determine whether we expect a labor surplus or labor shortage Recruiting - The process of finding and attracting new employees Internal Recruiting - Using existing employees to fill vacancies within the organization Internal Recruiting Pros - ~Knowledge of the employee's current performance ~Enhanced loyalty ~Lower cost ~Less time consuming 3Brittie Donald, All Rights Reserved © 2025 ~Consistency in the workplace Internal Recruiting Cons - ~ Creating another opening ~Limiting your pool of options ~Not gaining a unique perspective someone from outside the organization could offer External Recruiting - Process of finding and at

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Institution
MGMT 3013
Course
MGMT 3013

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Uploaded on
February 1, 2025
Number of pages
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Written in
2024/2025
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Exam (elaborations)
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Management 3013 Exam 3- Coonce
Okstate Exam Questions and Answers
100% Pass


Human Resources 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 how they fit within their

organizations


Job - ✔✔Collection of related tasks, duties, and responsibilities


Position - ✔✔The job held by the individual


Job Analysis - ✔✔Helps us understand the job as it exists


Job Design - ✔✔Allows us to change the job as needed


Job Description - ✔✔A summary of the tasks, duties, and responsibilities that are

associated with a particular job



Brittie Donald, All Rights Reserved © 2025 1

,Job Specification - ✔✔Outlines the minimum qualifications that a potential employee

must possess to be successful at that job in terms of the knowledge, skills, abilities, and

other characteristics.


Forecasting - ✔✔Process of predicting both the labor demand and labor supply for the

different jobs in an organization


The Goal of Forecasting - ✔✔To determine whether we expect a labor surplus or labor

shortage


Recruiting - ✔✔The process of finding and attracting new employees


Internal Recruiting - ✔✔Using existing employees to fill vacancies within the

organization


Internal Recruiting Pros - ✔✔~Knowledge of the employee's current performance




~Enhanced loyalty




~Lower cost




~Less time consuming




Brittie Donald, All Rights Reserved © 2025 2

, ~Consistency in the workplace


Internal Recruiting Cons - ✔✔~ Creating another opening




~Limiting your pool of options




~Not gaining a unique perspective someone from outside the organization could offer


External Recruiting - ✔✔Process of finding and attracting potential employees from

outside the organization


External Recruiting Pros - ✔✔~New Perspectives




~Larger pool of potential recruits




~Training only one new person vs. two


External Recruiting Cons - ✔✔~Expensive




~Time-consuming



Brittie Donald, All Rights Reserved © 2025 3

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