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Exam (elaborations)

WGU C202 MANAGING HUMAN CAPITAL CH1 EXAM WITH CORRECT ANSWERS 2025

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WGU C202 MANAGING HUMAN CAPITAL CH1 EXAM WITH CORRECT ANSWERS 2025

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WGU C202 MANAGING HUMAN
CAPITAL CH1 EXAM WITH
CORRECT ANSWERS 2025
Total Rewards ( correct answers ) the sum of all the rewards employees
receive in exchange for their time, efforts, and performance

Direct financial compensation ( correct answers )
compensation received in the form of salary, wages, commissions, stock
options, or bonuses

Human Resource Strategy ( correct answers ) links
the entire human resource function with the firm's business strategy

Indirect Financial Compensation ( correct answers ) all
the tangible and financially valued rewards that are not included in direct
compensation, including free meals, vacation time, and health insurance

Human resource Management ( correct answers )
the organizational functions for attracting, hiring, developing, rewarding,
and retaining talent

human resource strategy ( correct answers ) links the entire
human resource function with the firm's business strategy

rewards & benefits ( correct answers ) the HR function that refers to the
sum of all of the rewards employees receive in exchange for their time,
efforts, and performance

nonfinancial compensation ( correct answers ) 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

strategic risk ( correct answers ) risk related to talent strategy,
company culture, ethics, investments in people, and the implementation
of change initiatives

competitive advantage ( correct answers ) doing something differently
from the competition that leads to outperformance and success

talent philosophy ( correct answers ) a system of beliefs about how
a firm's employees should be treated

staffing ( correct answers ) the HR that refers to the process of planning,
acquiring, deploying, and retaining employees that enables the
GRADED
organization
A+
to meet its talent needs and execute its business strategy

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