UPDATE!!!!GUARANTEED

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UPDATE!!!!2025/2026|GUARANTEED

What is human resource management (HRM)? - ANSWER the organizational function responsible for attracting, hiring, developing, rewarding, and retaining talent

List the 6 HRM functional areas, and what each area is about in only 1 sentence. - ANSWER staffing, performance management, training and development, rewards and benefits, health and safety, and employee-management relations

What is Staffing? - ANSWER the process of planning, acquiring, deploying, and retaining employees that enables the organization to meet its talent needs

Why is Staffing important? - ANSWER It helps the organization execute its business strategy

Training and development - ANSWER focused on developing employee capabilities through formal and informal activities, career planning, organizational development, and legal compliance.

What is the purpose of Performance Management? - ANSWER To align individual employees' goals and behaviors with organizational goals and strategies

What does Performance Management involve? - ANSWER Appraising and evaluating past and current behaviors and performance, and providing suggestions for improvement

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Rewards and benefits - ANSWER are both adequate and equitable that reward employees for their contributions to organizational goal attainment are important to employee motivation, performance, and retention

Health and safety - ANSWER range from wellness, fire and food safety, ergonomics, injury management, disaster preparedness, industrial hygiene, and even bullying and workplace violence

Employee management - ANSWER relations determines the employment rights of both employers and employees

In addition to managing risk, what are several other ways effective HRM systems influence performance of an entire organization? - ANSWER · interest rate a company must pay to borrow money · increase a company's value by as much as 30 percent

Explain HRM's role in executing an organization's business strategy. - ANSWER · Strategic human resource management aligns a company's values and goals with the behaviors, values, and goals of employees and influences the strategies of each of the firm's human resource functions, including staffing, performance management, training and development, and compensation · human resource management system supporting the execution of the business strategy, guided by the talent philosophy of the organization.

Strategic risk - ANSWER the overall talent strategy, company culture, ethics, investments in people, and the implementation of change initiatives.

Operational risk - ANSWER the speed and the effectiveness of talent acquisition, development of employees' skills and the identification and retention of top performers.

Financial risk - ANSWER compensation, benefits, turnover, overtime, and time-to-hire and indirectly through errors, accidents, delays, and lost production. 2 / 3

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Compliance risk - ANSWER legal ramifications, particularly in the areas of diversity, health and safety, union relations, whistleblowers, and harassment. Because the acquisition, retention, and performance of talent have the potential to affect company earnings, organizations must identify and manage these risks through effective HRM.

What are 3 specific ways HR can support the organization should it choose to shift its culture? - ANSWER · HRM contributes to this by posting job ads that give a true sense of what the company values and by ensuring that it hires employees with a good person- organization fit.· HRM can also reward behaviors that the company values and punish those that are inconsistent with the culture.· HRM can train employees on the values of the organization.

Explain 2 situations/reasons that managers across various departments might seek out HR's guidance? - ANSWER · HRM supports managers through goals and processes that promote employee participation, commitment, and identification with the organization.· HRM can assist managers with hiring the right talent at the right time and considering whom to let go of during layoffs.

How can HR support and reinforce ethical behavior in the workplace? - ANSWER HRM can support corporate ethics through the effective hiring of ethical people and the training of employees to recognize and handle both ethical and unethical situations

Virtue - ANSWER company valuing honesty that quickly recalls products that might be defective or dangerous.

Fairness - ANSWER Appropriateness of CEO salaries and bonuses that are hundreds of times larger than the pay of the average employee

What are a few of the most common change initiatives that HR manages? - ANSWER · Developing practices that support knowledge transfer and rapid learning

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