SHRM CP EXAM with | | | |
correc detailed | |
answers
Career |Planning |- |correct |answer |Actions |& |activities |that |individuals |perform |in |order |to |give |
direction |to |their |work |lives.
Brain |drain |- |correct |answer |Exit |of |educated |& |skilled |citizens |from |emerging |& |developing |
countries |for |better |paying |jobs |in |developed |countries.
Auditory |learners |- |correct |answer |People |who |learn |best |by |relying |on |their |sense |of |hearing.
Andragogy |- |correct |answer |Study |of |how |adults |learn.
Cost-of-living |adjustment |(COLA) |- |correct |answer |Pay |adjustment |given |to |eligible |employees |
regardless |of |performance |or |organizational |profitability; |usually |linked |to |inflation.
Compa-ratio |- |correct |answer |Pay |rate |divided |by |the |midpoint |of |the |pay |range.
,Broadbanding |- |correct |answer |Combining |several |salary |grades |or |job |classifications |with |
narrow |pay |ranges |unto |one |brand |with |a |wider |salary |spread.
Behavioral |interview |- |correct |answer |Type |of |interview |that |focuses |on |how |applicants |
previously |handled |real |situations.
Applicant |tracking |software |(ATS) |- |correct |answer |Software |that |provides |an |automated |way |
for |organizations |to |manage |the |recruiting |process.
Developmental |activities |- |correct |answer |Activities |that |focus |on |preparing |employees |for |
future |responsibilities |while |increasing |their |capacity |to |perform |their |current |jobs.
Compensation |- |correct |answer |All |financial |returns |(beyond |any |benefits |payments |or |
services), |including |salary |and |allowances.
Career |development |- |correct |answer |Process |by |which |employees |progress |through |a |series |
of |stages |in |their |careers, |each |of |which |is |characterized |by |relatively |unique, |themes, |and |
tasks.
Benefits |- |correct |answer |Payments |or |services |provided |to |employees |to |cover |issues |such |as |
retirement, |health |care, |sick |pay/disability |schemes, |life |insurance, |and |paid |time |off.
Apprenticeship |- |correct |answer |Related |to |technical |skills |training; |often |a |partnership |
between |employers |and |unions.
Competency-based |interview |- |correct |answer |Type |of |interview |in |which |the |interviewer |asks |
questions |related |to |competencies |for |the |position |and |asks |candidates |to |provide |examples |
of |times |they |demonstrated |the |competencies.
,ADDIE |model |- |correct |answer |5 |step |instructional |design |process |that |governs |the |
development |of |learning |programs.
Assessment |centers |- |correct |answer |Assessment |tools |that |provide |candidates |a |wide |range |
of |leadership |situations |and |problem-solving |exercises.
Blended |learning |- |correct |answer |Planned |approach |to |learning |that |included |a |combination |
of |instructor-led |training, |self-directed |study, |and |/or |on-the-job |training.
Career |management |- |correct |answer |Preparing, |implementing, |and |monitoring |employees' |
career |paths, |with |a |primary |focus |on |the |goals |and |needs |of |the |organization.
Competencies |- |correct |answer |Clusters |of |highly |interrelated |attributes, |including |knowledge, |
skills, |or |abilities |(KSA) |that |give |rise |to |the |behaviors |needed |to |perform |a |given |job |
effectively.
Strategy |- |correct |answer |A |plan |of |action |for |accomplishing |an |organization's |long-range |
goals.
SWOT |analysis |- |correct |answer |Process |for |assessing |an |organization's |strategic |capabilities |in |
comparison |to |threats |and |opportunities |identified |during |environmental |scanning.
Value |drivers |- |correct |answer |Actions, |processes, |or |results |that |are |needed |to |deliver |a |
desired |value.
Vision |statement |- |correct |answer |Vivid, |guiding |image |of |an |organization's |desired |future, |the
|future |it |hopes |to |attain |through |its |strategy.
Organizational |values |- |correct |answer |Beliefs |that |are |important |to |an |organization |and |often |
dictate |employee |behavior.
, Strategic |fit |- |correct |answer |A |state |in |which |an |organization's |strategy |is |consistent |with |its |
external |opportunities |and |circumstances |and |its |internal |structure, |resources, |and |
capabilities.
Strategic |management |- |correct |answer |The |actions |that |leaders |take |to |move |their |
organizations |toward |those |goals |and |create |value |for |all |stakeholders.
Strategic |planning |- |correct |answer |The |process |of |setting |goals |and |designing |a |path |toward |a
|competitive |position.
Metrics |- |correct |answer |Performance |parameters |based |on |the |relationship |between |2 |or |
more |measures.
Mission |statement |- |correct |answer |Statement |that |specifies |what |activities |an |organization |
intends |to |pursue |and |what |course |management |has |carted |for |the |future; |a |concise |
statement |of |its |strategy.
Net |profit |margin |- |correct |answer |Ratio |of |net |income |(gross |sales |minus |expenses |and |taxes)
|to |net |sales.
Organizational |culture |- |correct |answer |The |basic |beliefs |and |customs |shared |by |members |of |
an |organization |that |contribute |to |an |organization's |sense |of |its |identity.
Income |statement |- |correct |answer |Statement |that |reports |revenues, |expenses, |and |net |
income |(profit) |for |a |specified |period.
Lagging |indicator |- |correct |answer |Type |of |metric |that |describes |an |activity |that |has |already |
occurred.
correc detailed | |
answers
Career |Planning |- |correct |answer |Actions |& |activities |that |individuals |perform |in |order |to |give |
direction |to |their |work |lives.
Brain |drain |- |correct |answer |Exit |of |educated |& |skilled |citizens |from |emerging |& |developing |
countries |for |better |paying |jobs |in |developed |countries.
Auditory |learners |- |correct |answer |People |who |learn |best |by |relying |on |their |sense |of |hearing.
Andragogy |- |correct |answer |Study |of |how |adults |learn.
Cost-of-living |adjustment |(COLA) |- |correct |answer |Pay |adjustment |given |to |eligible |employees |
regardless |of |performance |or |organizational |profitability; |usually |linked |to |inflation.
Compa-ratio |- |correct |answer |Pay |rate |divided |by |the |midpoint |of |the |pay |range.
,Broadbanding |- |correct |answer |Combining |several |salary |grades |or |job |classifications |with |
narrow |pay |ranges |unto |one |brand |with |a |wider |salary |spread.
Behavioral |interview |- |correct |answer |Type |of |interview |that |focuses |on |how |applicants |
previously |handled |real |situations.
Applicant |tracking |software |(ATS) |- |correct |answer |Software |that |provides |an |automated |way |
for |organizations |to |manage |the |recruiting |process.
Developmental |activities |- |correct |answer |Activities |that |focus |on |preparing |employees |for |
future |responsibilities |while |increasing |their |capacity |to |perform |their |current |jobs.
Compensation |- |correct |answer |All |financial |returns |(beyond |any |benefits |payments |or |
services), |including |salary |and |allowances.
Career |development |- |correct |answer |Process |by |which |employees |progress |through |a |series |
of |stages |in |their |careers, |each |of |which |is |characterized |by |relatively |unique, |themes, |and |
tasks.
Benefits |- |correct |answer |Payments |or |services |provided |to |employees |to |cover |issues |such |as |
retirement, |health |care, |sick |pay/disability |schemes, |life |insurance, |and |paid |time |off.
Apprenticeship |- |correct |answer |Related |to |technical |skills |training; |often |a |partnership |
between |employers |and |unions.
Competency-based |interview |- |correct |answer |Type |of |interview |in |which |the |interviewer |asks |
questions |related |to |competencies |for |the |position |and |asks |candidates |to |provide |examples |
of |times |they |demonstrated |the |competencies.
,ADDIE |model |- |correct |answer |5 |step |instructional |design |process |that |governs |the |
development |of |learning |programs.
Assessment |centers |- |correct |answer |Assessment |tools |that |provide |candidates |a |wide |range |
of |leadership |situations |and |problem-solving |exercises.
Blended |learning |- |correct |answer |Planned |approach |to |learning |that |included |a |combination |
of |instructor-led |training, |self-directed |study, |and |/or |on-the-job |training.
Career |management |- |correct |answer |Preparing, |implementing, |and |monitoring |employees' |
career |paths, |with |a |primary |focus |on |the |goals |and |needs |of |the |organization.
Competencies |- |correct |answer |Clusters |of |highly |interrelated |attributes, |including |knowledge, |
skills, |or |abilities |(KSA) |that |give |rise |to |the |behaviors |needed |to |perform |a |given |job |
effectively.
Strategy |- |correct |answer |A |plan |of |action |for |accomplishing |an |organization's |long-range |
goals.
SWOT |analysis |- |correct |answer |Process |for |assessing |an |organization's |strategic |capabilities |in |
comparison |to |threats |and |opportunities |identified |during |environmental |scanning.
Value |drivers |- |correct |answer |Actions, |processes, |or |results |that |are |needed |to |deliver |a |
desired |value.
Vision |statement |- |correct |answer |Vivid, |guiding |image |of |an |organization's |desired |future, |the
|future |it |hopes |to |attain |through |its |strategy.
Organizational |values |- |correct |answer |Beliefs |that |are |important |to |an |organization |and |often |
dictate |employee |behavior.
, Strategic |fit |- |correct |answer |A |state |in |which |an |organization's |strategy |is |consistent |with |its |
external |opportunities |and |circumstances |and |its |internal |structure, |resources, |and |
capabilities.
Strategic |management |- |correct |answer |The |actions |that |leaders |take |to |move |their |
organizations |toward |those |goals |and |create |value |for |all |stakeholders.
Strategic |planning |- |correct |answer |The |process |of |setting |goals |and |designing |a |path |toward |a
|competitive |position.
Metrics |- |correct |answer |Performance |parameters |based |on |the |relationship |between |2 |or |
more |measures.
Mission |statement |- |correct |answer |Statement |that |specifies |what |activities |an |organization |
intends |to |pursue |and |what |course |management |has |carted |for |the |future; |a |concise |
statement |of |its |strategy.
Net |profit |margin |- |correct |answer |Ratio |of |net |income |(gross |sales |minus |expenses |and |taxes)
|to |net |sales.
Organizational |culture |- |correct |answer |The |basic |beliefs |and |customs |shared |by |members |of |
an |organization |that |contribute |to |an |organization's |sense |of |its |identity.
Income |statement |- |correct |answer |Statement |that |reports |revenues, |expenses, |and |net |
income |(profit) |for |a |specified |period.
Lagging |indicator |- |correct |answer |Type |of |metric |that |describes |an |activity |that |has |already |
occurred.
