MGT 300 EXAM 3 ERIC WILLIAMS Questions with Detailed Verified Answers

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MGT 300 EXAM 3 ERIC WILLIAMS
Questions with Detailed Verified Answers

Question: Human resource management (HRM) consists of

Ans✅ ✅: the activities managers perform to create an effective workforce

Question: Human Capital could be defined as

Ans✅ ✅: The economic and/or productive potential of an employee

Question: A Knowledge worker could be defined as

Ans✅ ✅: Someone who's job is to generate and interpret information rather than
manual labor

Question: Social capital could be defined as

Ans✅ ✅: The economic or productive potential of strong, trusting, and cooperative
relationships.

Question: Strategic human resource planning consists of developing a
systematic, comprehensive strategy for:

Ans✅ ✅: 1. Understanding current employee needs

2. Predicting future employee needs

Question: The Strategic Human Resource Management Process is:

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Ans✅ ✅: 1. Establish mission and vision

2. Establish grand strategy

3. Formulate strategic plans

a. Plan human resources needed

b. Recruit and select people

c. Orient, train, and develop

d. Perform appraisals of employees

4. Purpose

Question: Purpose, the last step of the HRM process could be defined
as:

Ans✅ ✅: Get optimal work performance to help realize a company's mission and
vision

Question: Job analysis could be defined as:

Ans✅ ✅: Determining the basic elements of a job by observation and analysis

Question: Job Description could be defined as:

Ans✅ ✅: A summary of what the holder of the job does and how and why they do it

Question: Job specification could be defined as:

Ans✅ ✅: The minimum qualifications a person must have to perform a job
successfully.

Question: Recruitment could be defined as:

Ans✅ ✅: the practice of locating and attracting qualified applicants for jobs open in
the organization

Question: The two types of recruitment are

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Ans✅ ✅: 1. Internal: hiring from the inside

2. External: hiring from outside sources

Question: What types of external recruitment methods work the best?

Ans✅ ✅: 1. Employee referrals

2. E-recruitment tools

3. Job preview

Question: What is a realistic job preview?

Ans✅ ✅: a picture of both the positive and negative features of the job and the
organization

Question: The selection process could be defined as

Ans✅ ✅: Screening of job applicants to hire the best candidate

Question: The screening process contains what 3 components

Ans✅ ✅: 1. Background information(applications, resumes etc)

2. Interviews(structured and unstructured)

3. Employment tests(drugs tests etc)

Question: An unstructured interview consists of

Ans✅ ✅: 1. No fixed set of questions or scoring procedure

2. Uses "probing" question to find out what the applicant is like

This interview is more to find out about the candidates personality. Due to this it often
faces backlash, because sometimes inappropriate questions are asked

Question: A structured interview consists of