Human capital function Study guides, Study notes & Summaries

Activity-Based costing (ABC) Ans: A method of cost accounting designed to identify streams of activity and then to allocate costs across particular business processes according to the mount of time employees devote to particular activities Adapters Ans: Companies that take the current industry structure and its evolution as givens, and choose where to compete. Adverse impact Ans: When a seemingly neutral employment practice has a disproportionately negative effect on a protected group. Ad...

aPHR Certification Study Guide {updated 2022/2023} Human Resource Managment (HRM) - HRM consists of an organization's "people practices" - the policies, practices, and systems that influence employees' behavior, attitudes, and performance. Explain how HRM contributes to an organization's performance - Through its practices or process, The HRM influences who works for the organization and how those people work. These human resources, if well managed, have the potential to be a source...

MNG2602 SUMMARISED NOTES 2022/2023 Lynette Cronje Primary lecturer for MNG2602 Department of Business Management University of South Africa Email: UNIT 1 Features of contemporary organisations and new management challenges Prescribed textbook chapter 3: pp 46–68 Study guide: pp 1–10 LEARNING OUTCOMES: > Cite reasons why organisations change > Identify “new” variables in the business environment of contemporary organisations > Defend the statement that bureaucracy fa...

A.R.M. 400 Exam Practice Exam 2023 With Correct Answers… When communicating a decision up the organization's chain of command, consulting with outside experts can help a risk management professional do which one of the following? A. Seek feedback from stakeholders B. Stay focused on the organization's objectives C. Define the organization's risk appetite D. Enhance stakeholders' confidence in the process D Which of the following risk management program goals is an essential goal f...

LCP4805 EXAM PACK 2023 QUESTIONS AND ANSWERS. What was the nature and implications of the ruling in South Africa‟s first climate change case? (10) [20] South Africa’s First Climate Change Case Earthlife Africa Johannesburg v. The Minister of Environmental Affairs and others In this case the High Court of South Africa, Gauteng Division, Pretoria ruled in favour of Earthlife Africa Johannesburg on the basis that when granting an environmental authorisation (EA) to the Thabametsi Power Pr...

WGU C202: Managing Human Capital Latest Questions And Answers 2023 Human Resource Strategy Links the entire human resource function with the firm's business strategy. Business Strategy Defines how the firm will compete in its marketplace. Total Rewards The sum of all rewards employees receives in exchange for their time, efforts, and performance. The combined intrinsic and extrinsic rewards of a job. Employee Handbooks Print or online materials that document the organization's H...

MNG2601 SUMMARISED NOTES 2022/2023 1 | P a g e MANAGEMENT PRINCIPLES CHAPTER 1 INTRODUCTION TO MANAGEMENT 1.2 ORGANISATIONS AND MANAGERS All the products and services required to satisfy the consumer’s and, ultimately, society’s needs are produced and provided by specialised organisations such as hypermarkets, sports clubs, universities, car manufacturers, banks, guest houses, bicycle shops, hospitals, and airlines to mention but a few. People’s lives are influenced in some way o...

This document contains summaries made from " Consumo business studies textbook" which summarizes: the process of procuring the finest talent for the business; methods of structuring salaries; dispute-resolution mechanisms; employment equity act 55 of 1998; skills development act 97 of 1998; basic conditions of employment act 75 of 1997.

MGT 300 Exam 1 (Chapters 1, 2, 3 & 4) Latest Version Graded A+ 6 Parts of the Management Process 1. Input 2. Planning 3. Organizing 4. Leading 5. Controlling 6. Output Controlling the process of determining the ways and means of following-up to ensure that actual performance is leading to goal attainment. Output Efficient & effective performance, Products and/or services desired by customers Leading refers to utilizing influence to motivate employees to achieve goals. Org...

Human Resource Management correct answer: the policies, practices, and systems that influence employees' behavior, attitudes, and performance HR Management Practices correct answer: Analysis and design of work HR planning Recruiting Selection Training and development Compensation Performance management Employee relations Competiveness correct answer: a company's ability to maintain and gain market share in an industry Shared Service Model correct answer: A way to organize t...