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Exam (elaborations)

: WGU C202: Managing Human Capital – Western Governors University – 2025/2026 – Practice Questions with Verified Answers

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This document contains a comprehensive collection of questions and expert-verified answers for the WGU C202: Managing Human Capital course. It covers key concepts such as talent management, employee development, compensation strategies, organizational behavior, and workforce planning. Ideal for exam preparation, quizzes, and self-assessment throughout the 2025/2026 academic year.

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Institution
WGU C202
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Uploaded on
July 25, 2025
Number of pages
45
Written in
2024/2025
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Exam (elaborations)
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Questions & answers

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WGU C202: Managing Human Capital Questions and
Answers (2025/2026) (100% Verified Answers by
Expert)
1. Human Resource Strategy - Links the entire human
resource function with the firm's business strategy.


2. Business Strategy - Defines how the firm will compete in
its marketplace.


3. Total Rewards - The sum of all rewards employees
receives in exchange for their time, efforts, and performance.


4. The combined intrinsic and extrinsic rewards of a job.


5. Employee Handbooks - Print or online materials that
document the organization's HRM policies and procedures.


6. HRM: Human Resource Management - The
organizational function responsible for attracting, hiring,
developing, rewarding, and retaining talent.


7. Outsourcing - Hiring an external vendor to do work for
the company rather than doing it internally.

,8. Nonfinancial Compensation - 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.


9. Intrinsic Reward - Non-monetary rewards derived from
the work itself.


10. Competitive Advantage - Doing something
differently from the competitor thus leading to outperformance
and success.


11. Talent Philosophy - A system of beliefs about how
an organization's employee should be treated.


12. Shared Service Center - Centralized routine,
transaction-based HRM activities.


13. Professional Employer Organization - A company
that leases employees to companies that need them.


14. Direct Financial Compensation - Compensation
received in the form of salary, wages, commissions, stock options,
or bonuses.

,15. Virtue Standard - The ethical action is consistent
with certain ideal virtues including civility, compassion,
benevolence, etc...


16. Common Good Standard - The ethical action
shows respect and compassion for all others, especially the most
vulnerable.
17. Respect and compassion for all


18. Codes of Conduct - Specifies expected and
prohibited actions in the workplace and gives an example of
appropriate behavior.


19. Stakeholder Perspective - Considering the interests
and opinions of all people, groups, organizations, or systems that
affect or could be affected by the organization's actions.


20. Performance Culture - Focuses on hiring, retaining,
developing, motivating, and making work assignments based on
performance data and results.


21. Organizational Culture - The norms, values, and
assumptions of organizational members that guide members'
attitudes and behaviors.

, 22. High-performance Work System - High
involvement or high commitment organizations.


23. Code of Ethics - A decision-making guide that
describes the highest values to which an organization aspires.


24. Rights Standard - The ethical action is the one that
best respects and protects the moral rights of everyone affected
by the action.


25. Corporate Social Responsibility - Businesses
showing concern for the common good and valuing human
dignity.


26. Fairness Standard - The ethical action treats all
people equally, or at least fairly, based on some defensible
standard.


27. Ethics - The standards of moral behavior that
define socially accepted behaviors that are right as opposed to
wrong.


28. Utilitarian Standard - The ethical action that best
balances good over harm.

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