HRMT411 - Midterm 1 Exam

organization - ANS a group consisting of people with formally assigned roles who work together to achieve the organization's goals manager - ANS someone who's responsible for accomplishing the organization's goals and who does so by managing the efforts of the organization's people managing - ANS 1. planning 2. organizing ing 4. leading 5. controlling planning - ANS establishing goals and standards, developing rules and procedures, and developing plans and forecasting organizing - ANS giving each subordinate a specific task, establishing departments, relegating authority to subordinates, establishing channels of authority and communication, and coordinating subordinates' work staffing - ANS determining what type of employee you should hire, recruiting prospective employees, selecting employees, training and developing employees;oyees, setting performance standards, evaluating performance, counselling employees, and compensating employees leading - ANS getting others to get the job done, maintaining morale, and motivating subordinates human resource management - ANS the management of people in organizations to drive successful organizational performance and achievement of the organization's strategic goals strategic plan - ANS the company's plan for how it will match its internal strengths and weaknesses with external opportunities and threats in order to maintain a competitive advantage strategic management - ANS the process of identifying and executing the organization's strategic plan by matching the company's capabilities with the demands of its environment human capital - ANS the knowledge, education, training, skills. and expertise of a firm's workers