Human Resource Managment (HRM) Correct Answer: HRM consists of an organization's "people practices" - the policies, practices, and systems that influence employees' behavior, attitudes, and performance.
Explain how H
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Human Resource Managment (HRM) Correct Answer: 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 Correct Answer: 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 of sustainable competitive advantage, contributing to basic objectives such as quality, profits, and customer satisfaction.
HRM Process/ practices Correct Answer: 1) Analysis and Design of work
2) HR planning
3) Recruitment
4) Selection
5)Training and development
6)Compensation
7)Performance Management
8) Employee Relations
Human Capital Correct Answer: An Organization's employees, described in terms of their training, experience, judgement, intelligence, relationships, and insight.
Human Resources qualities valuable to the success of organizations Correct Answer: 1) Human Resources are VALUABLE- high-quality employees provide a needed service as they perform many critical functions.
2) Human Resources are RARE- a person with high levels of the needed skills and knowledge is not common
3) Human Resources CANNOT BE IMITATED -
4) Human Resources have NO GOOD SUBSTITUTES
High Performance Work System Correct Answer: An organization in which technology, organizational structure, people, and processes work seamlessly to give an organization an advantage in the competitive environment.
Maintaining a High-Performance Work System may include: Correct Answer: -Development of training programs
-Recruitment of people with new skill sets
- Establishment of rewards for such behaviors as team work, flexibility, and learning
Ratio of HR employees to total employees Correct Answer: 2 full time HR staff persons for every 100 employees on payroll.
In small organizations the ratio is much higher
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