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Exam (elaborations)
HRM 361 Exam 1 Questions with Verified Solutions
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---10October 20252025/2026A+
- HRM 361 Exam 1 Questions with Verified Solutions 
 
Human Resource Management (HRM) - Answers Designing formal systems in an organization to manage human talent for accomplishing organizational goals 
* Selecting, training, rewarding, managing, retaining employees 
What is human capital? - Answers The collective value of the capabilities, knowledge, skills, life experiences, and motivation of an organization's workforce 
What are some HR challenges for smaller organizations? - Answers - hirin...
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TutorJosh
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Exam (elaborations)
HRM 361 TEST 1 QUESTIONS AND ANSWERS ALL CORRECT
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--11June 20242023/2024A+Available in bundle
- HRM 361 TEST 1 QUESTIONS AND ANSWERS ALL CORRECT 
 
Functional HRM - Answer-Is a set of interrelated policies, practices, and programs whose goal is to attract, socialize, motivate, maintain, and retain an organization's employees 
 
Goal-Based HRM - Answer-Aims to improve the productive contribution of individuals while simultaneously attempting to attain other societal and individual employee objectives 
 
HRM Practices - Answer-1. HR PLANNING 
2.	ANALYSIS & DESIGN OF WORK 
3.	RECRUITING 
4.	...
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wisdompoint
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Exam (elaborations)
HRM 361 Questions with Complete Solutions
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--8June 20242023/2024A+Available in bundle
- HRM 361 Questions with Complete Solutions 
job satisfaction - Answer-A pleasurable feeling that results from the perception that one's job fulfills or allows for the fulfillment of one's important job values 
 
engagement - Answer-degree to which employees are fully involved in their work 
 
commitment - Answer-degree to which employees thoughts and behaviors are focused on the employer's success 
 
turnover - Answer-the process by which employees leave an organization 
 
Service industry tur...
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wisdompoint
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Exam (elaborations)
HRM 361 Final Test Questions with Correct Answers
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--21June 20242023/2024A+Available in bundle
- HRM 361 Final Test Questions with Correct Answers 
 
Total rewards - Answer-monetary and nonmonetary rewards provided by companies to attract, motivate, and retain employees; pay and benefits 
 
Federal/state minimum wage laws - Answer-Fair Labor Standards Act (FLSA): primary federal law affecting compensation which is enforced by the Wage and Hour 
Division of the U.S. Department of Labor; FLSA sets a minimum wage to be paid to a broad spectrum of covered employees. Congressional action must be...
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wisdompoint
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Exam (elaborations)
HRM 361 FINAL EXAM QUESTIONS WITH ANSWERS ALL CORRECT
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--23June 20242023/2024A+Available in bundle
- HRM 361 FINAL EXAM QUESTIONS WITH ANSWERS ALL CORRECT 
 
strategic talent management - Answer--Process/identifying the most important jobs in a company that provide long term competitive advantage 
-creating appropriate HR policies to develop employees so they can effectively work in these jobs 
-development of employees should be linked to what organization is trying to do 
 
-creating effective HR policies 
-identify critical positon 
-talent is people skills 
-process 
 
Elements of talent ma...
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wisdompoint
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Exam (elaborations)
HRM 361 Final Exam Questions with All Correct Answers
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--16June 20242023/2024A+Available in bundle
- HRM 361 Final Exam Questions with All Correct Answers 
 
Understand the components of total rewards and more specifically, the components of pay; - Answer-Total rewards include direct pay. base salary, variable pay, promotional increases. Indirect pay - benefits, training and recognition. Because it is typically a company's most significant investment, the management of total rewards should be part of the overall strategic business plan. A first step in assessing total reward offerings begins b...
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$13.89 More Info
wisdompoint
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Exam (elaborations)
HRM 361 Exam 2 Questions with All Correct Answers
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--11June 20242023/2024A+Available in bundle
- HRM 361 Exam 2 Questions with All Correct Answers 
 
 
what is the difference between recruitment and selection? - Answer-recruitment is the process of finding and attracting capable applicant to apply for employment and selection is selecting employees from the capable applicant pool 
 
what are the two main goals of recruitment - Answer-to have a qualified applicant pool and want both parties to have accurate perceptions about the other (realistic job preview) 
 
internal factors that affect r...
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wisdompoint
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Exam (elaborations)
HRM 361 Exam 1 Questions with Correct Answers
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--18June 20242023/2024A+Available in bundle
- HRM 361 Exam 1 Questions with Correct Answers 
 
HRM - functional definition - Answer-Is a set of interrelated policies, practices, and programs whose goal is to attract, socialize, motivate, maintain, and retain an organization's employees" 
 
HRM - goal-based - Answer-improve the productive contribution of individuals while simultaneously attempting to attain other societal and individual employee objectives 
Human capital - Answer-collective value of capabilities knowledge, skills, life exp...
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$13.89 More Info
wisdompoint
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Exam (elaborations)
HRM 361 Exam 1 Questions with A Grade Solutions
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--14June 20242023/2024A+Available in bundle
- HRM 361 Exam 1 Questions with A Grade Solutions 
 
How has HR evolved over time? - Answer-*Industrial Revolution 
*Collective Bargaining 
*Scientific Management 
*World Wars 
*Human Relations - Hawthorne Studies 
*Behavioral Science Fields 
*Legal Realm 
 
Growth Stages - Answer-*File Maintenance: early part of 1900s - today 
*Government Accountability: 1960s - today 
*Organizational Accountability: 1970s - today 
*Strategic Partner: 1990s - today - the goal is to increase emphasis on strategic ...
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wisdompoint