and answers correctly solved
________________ the process of planning, acquiring, deploying, and
retaining employees that enables the organization to meet its talent needs and
execute its business strategy. - correct answer ✔Staffing
One Role of HRM is to staff the most qualified and appropriate employees to
support the company in meeting its _____. - correct answer ✔Business
Strategy
Performance management and rewards must be aligned with _______. -
correct answer ✔Training goals
What are two of the most important management problems businesses face
today? - correct answer ✔Training and recruitment
____________________ involves aligning individual employees' goals and
behaviors with organizational goals and strategies, appraising and evaluating
past and current behaviors and performance, and providing suggestions for
improvement. - correct answer ✔Performance Management
______________________ is an important step in performance management
wherein an employee is given frequent feedback about what they should be
doing and how well they are doing it - correct answer ✔Performance
Feedback
_________________ refers to the sum of all of the rewards employees
receive in exchange for their time, efforts, and performance - correct answer
✔Total rewards
,Total Rewards is comprised of what 3 types of compensation? - correct
answer ✔(Direct financial, indirect financial, and non-financial)
Compensation received in the form of salary, wages, commissions, stock
options, or bonuses - correct answer ✔Direct financial compensation
Any and all financial rewards not considered direct financial compensation,
including health insurance, wellness benefits, paid vacations, and free meals -
correct answer ✔indirect financial compensation
Rewards and incentives given to employees that are not financial in nature,
including intrinsic rewards received from the job itself or from the physical or
psychological work environment (e.g., feeling successful or appreciated) -
correct answer ✔Nonfinancial compensation
Workplace health and safety includes the following topics (7) - correct answer
✔wellness
fire and food safety
ergonomics
injury management
disaster preparedness
industrial hygiene
bullying / workplace violence
Employee-management relations ultimately determine the employment rights
of who? - correct answer ✔employers and employees
,Employment relations (or industrial relations) focuses on what type of
employment situations? - correct answer ✔Unionized
Benefits of an effect HRM system? (7) - correct answer ✔1. Improve
organizational efficiency. Contribute to revenue growth.
2.Increase employees' understanding of their responsibilities and how they
relate to the organization's mission, business strategy, and goals.
3.Develop and enhance employee capabilities and talents to enable strategic
execution and goal attainment.
4.Equitably link rewards to responsibility level and performance.
5.Promote the efficient and effective utilization of employees' skills and
knowledge.
6.Increase employee engagement, effort, and performance. Increase the
organization's ability to manage change. 7.Decrease an organization's legal
liability for compliance with employment laws.
HRM influences organizational performance through its influence on _____. -
correct answer ✔(efficient systems and processes)
Managing human resources strategically helps organizations manage four
primary types of risk, what are the 4 types of risk? - correct answer
✔(Strategic, Operational, Financial, Compliance)
____________: HRM initiatives can affect business strategy. These may
include the overall talent strategy, company culture, ethics, investments in
people, and the implementation of change initiatives. - correct answer
✔Strategic risk
_______________: These risks can influence an organization's ability to
execute the business strategy. HRM affects the speed and the effectiveness
of talent acquisition as well as the development of employees' skills and the
, identification and retention of top performers. - correct answer ✔Operational
risk
__________________: HRM performance affects the organization's workforce
costs and productivity directly through compensation, benefits, turnover,
overtime, and time-to-hire and indirectly through errors, accidents, delays, and
lost production. - correct answer ✔Financial risk
______________: Every employment-related decision can have legal
ramifications, particularly in the areas of diversity, health and safety, union
relations, whistleblowers, and harassment. - correct answer ✔Compliance
risk
Which type of risk management encompasses the HRM initiatives to
strengthen ethical awareness and company culture? - correct answer
✔(Strategic risk)
Which type of risk management involves the speed and effectiveness of talent
acquisition, development of employees, and retention of top performers? -
correct answer ✔(Operational risk)
Which type of risk management is associated with the reduction of cost in
hiring employees? - correct answer ✔(Financial Risk)
Which type of risk management involves consideration of legal issues in terms
of diversity, health and safety, union relations, whistleblowers, and
harassment? - correct answer ✔(Compliance risk)
A company's __________ defines how the firm will compete in its
marketplace, and should reflect what the organization's customers want, what