Answers 100% Score!!!
Quiz :SHRM - Answer :Society for Human Resource Management
Quiz :What is Business Acumen? - Answer :How an Organization decides to
deal with a business situation to drive the best outcomes.
-knowledge of the most profitable aspects of the business
-understanding of cash flow and the current market situation
-thorough understanding of the respective business niche
Quiz :Significance of Business Acumen - Answer :-helps HR bring more value
to the company
-HR can assure management they understand and can deal with challenges the
business faces
-HR can create an environment to boost productivity while keeping employees
satisfied and treating them as equals
Quiz :HR Professionals' role - Answer :To bridge the gap between senior
management and the workforce, effectively communicating messages to
employees
Quiz :Why is it important to understand the business? - Answer :-create long
term strategies that align with the businesses goals and objectives
-hire the right people with relevant skills to bring rewarding outcomes for the
business in the future
Quiz :How to develop business acumen - Answer :-understanding the finances
-getting familiar with the current business strategy
-understanding the business environment
Quiz :Developing business acumen - understanding the finances -
Answer :Understand the financial standing of the business, financial
statements, cash flow, balance sheets. To make a decision making process
easier and more streamlined
Quiz :Developing business acumen - getting familiar with the current business
strategy - Answer :Makes it easier for HR professionals to make strategic
decisions that benefit management and employees
, Quiz :Developing business Acuman - understanding the business environment
- Answer :- Rotating managers to become familiar with all aspects of the
business
- understand finances, how a business operates, customers' expectations
- Keep up with the news, social media, industry publications, and business
competitors
Quiz :Improving HR Communication - Answer :The way a business chooses to
engage with its HR
Quiz :Success of an organization depends on - Answer :the satisfaction of its
employees
Quiz :Effective HR communication - Answer :Boosts Employee morale and
helps employees be more productive and committed to their jobs
- training
- info on salaries, wages, benefits, company news, etc
Quiz :Effectively plan internal communication - Answer :-long term strategies
to increase productivity and improve communication
Create the strategy by:
-understanding how company operates, learn what employees expect from
management
-setting clear/achievable goals, will improve engagement and make employees'
roles more interesting to them
-effective communication channels, intranet, apps
- plan which information will be shared internally
Quiz :Implement All-Inclusive Communication System - Answer :HRIS that
contains necessary information about the workforce, documents, salaries,
contract details, employment history personal information. Makes it easy for
employees to access their information
Quiz :Improve HR communication by - Answer :-effectively plan internal
communication
-implement an all inclusive communication system
-create an environment that encourages face-to-face communication
-Plan your strategies while focusing on the companies culture
-creating an effective plan to welcome new employees on board
,Quiz :Create an environment that encourages face-to-face communication -
Answer :Replace an email for face-to-face communication is crucial for trust
Quiz :Plan your strategies of focusing on the company's culture - Answer :And
effective HR strategy Aligns the employees' goals with a company's goals
Quiz :Creating an effective plan to welcome new employees on board -
Answer :HR needs to help new employees with information to exponer rolls,
tools to make them more comfortable, confidence to use their creativity to
produce outstanding results for the company.
Quiz :How does HR consultation work? - Answer :- Business management
skills
-ability to work independently
-ability to manage the office, customers, and business finances
-ability to market the business
Quiz :What do clients look for an an HR consultant? - Answer :Someone who
has breakfast Apple organizations, can boost productivity, neutral in their
stance to resolve issues, stay current and latest market trends
Quiz :Aspects of HR consultation - Answer :-business management
-areas of focus
-work environment
-marketing consultation services
-documentation
-critical evaluation
Quiz :Hr consultation: business management - Answer :-choose area of
expertise
-market segments to target
-legal aspects
-working independently or with teams
-numbers
-administrative functions
-licensing requirements
Quiz :Hr Consulation: choosing area of expertise - Answer :Specialized aspects
of HR services for all inclusive
, Quiz :Hr consultation: market segments to target - Answer :Specific industry
or region
Quiz :Hr consultation: Legal Aspects - Answer :Legal structure of company and
legal issues their company may have to face
Quiz :Hr consultation: Administrative functions - Answer :Tax collection,
Invoice management, and legal or financial issues
Quiz :Hr consultation: licensing requirements - Answer :HR should be familiar
with the laws and regulations that come along with HR consultant licensing
Quiz :Hr consultation: potential areas of focus - Answer :Hr can offer a wide
range or more niche specific. Niche attracts a wider range of clients. Can offer
day to day support as well
Quiz :Hr consultation: marketing consultation services - Answer :Using word
of mouth referral, website, social media
Quiz :Hr consultation: documentation - Answer :Agreements and contracts
should be documented and should include.
-detailed services to be performed by HR professional
-deadline for the completion of services
-be charged by HR consultant for services provided
Quiz :Purpose of Critical Evaluation - Answer :Key player in developing and
implementing consultative services to align with business goals
- assessing The bigger picture
-approach to problem solving
- evaluating decision quality
-implementing a Critical evaluation when necessary
Quiz :Critical Evaluation: assessing the bigger picture - Answer :Observe the
pros and cons of each available option
Quiz :Critical Evaluation: problem solving - Answer :Increases HR
professionals' confidence in their problem-solving approach, making decisions
easier