ALL CURRENT VERSIONS AND A STUDY GUIDE |
ACCURATE AND WELL DETAILED QUESTIONS AND
ANSWERS | VERIFIED FIR GUARANTEED PASS
Compensation including free meals, vacation time, and health insurance is called _____. -
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 work environment, are called ________. -
CORRECT ANSWER nonfinancial compensation
When a company creates new HRM initiatives to strengthen employees' ethical awareness and
company culture to enhance its competitive advantage, it is managing ________. - CORRECT
ANSWER strategic risk
HRM affects the speed and effectiveness of talent acquisition as well as the development of
employees' skills and the identification and retention of top performers. These and other HRM
activities that can directly influence the organization's success or failure are examples of
________. - CORRECT ANSWER operational risk
When new HRM processes reduce the cost of hiring employees, they have reduced its ________.
- CORRECT ANSWER financial risk
Thinking through the ramifications of an employment-related decision in terms of legal risk,
particularly in the areas of diversity, health and safety, union relations, whistleblowers, and
harassment, is an example of managing ________. - CORRECT ANSWER compliance risk
To expand internationally, ________ have been common organizational strategies. - CORRECT
ANSWER mergers and acquisitions
Mergers and acquisitions often fail because of ________. - CORRECT ANSWER culture issues
,________ between HR and employees is extremely important. - CORRECT ANSWER
Communication
What are the four broad types of organizational culture? - CORRECT ANSWER
entrepreneurial, bureaucratic, consensual, competitive
Sports teams like the New York Yankees and Pittsburgh Steelers consistently excel because of
their strong ________ culture. - CORRECT ANSWER Performance
Restaurants that schedule their highest performing servers during the busiest shifts are focused
on ________ culture. - CORRECT ANSWER Performance
Starbucks is a good example of a(n) ________ culture. - CORRECT ANSWER people-oriented
A(n) ________ culture that stifles innovation and risk taking is thought to have contributed to
Nokia's declining market share. - CORRECT ANSWER Bureaucratic
How can HRM create value within an organization? - CORRECT ANSWER by making the
company better at executing its strategy
The purpose of the organizational function of HRM is to ______. - CORRECT ANSWER
attract, hire, develop, reward, and retain talent
Taking workplace health and safety seriously helps reduce ________ risk. - CORRECT
ANSWER Compliance
When an organization adopts a new manufacturing process, which HRM function is responsible
for improving employee's skills to meet its talent needs? - CORRECT ANSWER Training
Staffing is the process of planning, acquiring, deploying, and retaining employees that enables
the organization to meet its talent needs and execute its _______. - CORRECT ANSWER
business strategy
,Separations due to poor performance, layoffs, or restructuring are part of which HRM function? -
CORRECT ANSWER staffing
________ planning can help to ensure that an organization has people ready to assume leadership
positions as soon as those positions become available. - CORRECT ANSWER Succession
What type of management involves aligning individual employees' goals and behaviors with
organizational goals and strategies? - CORRECT ANSWER performance management
By providing the raw talent that the system will manage, staffing influences the effectiveness of
which system? - CORRECT ANSWER performance management
To promote and maintain ethical behavior, managers need to provide ______ feedback. -
CORRECT ANSWER Performance
Compensation received in the form of salary, wages, commissions, stock options, or bonuses is
called _______. - CORRECT ANSWER direct financial compensation
The standards of moral behavior that define socially acceptable behaviors as right or wrong are
known as ________. - CORRECT ANSWER Ethics
Which ethical action shows respect and compassion for all others, especially the most
vulnerable? - CORRECT ANSWER common good standard
Which ethical action is consistent with certain ideal virtues including civility, compassion,
benevolence, etc.? - CORRECT ANSWER virtue standard
Rolling out a new benefits program is one of the most common ________ managed by HRM. -
CORRECT ANSWER Changes
________ is the glue that keeps employees committed to the organization and focused on making
the efforts to change successful. - CORRECT ANSWER Trust
, ________ issues are a frequent reason for derailed mergers. - CORRECT ANSWER Cultural
Involving employees in a ________ management effort can improve their commitment to that
change. - CORRECT ANSWER Change
Business strategies can be reinforced or undermined by their fit with the firm's ________. -
CORRECT ANSWER Culture
To be most effective, ________ should be tied to business goals and drive employee behaviors. -
CORRECT ANSWER Metrics
HR managers assure that cultural issues are recognized and addressed before, during, and after
the ________. - CORRECT ANSWER Merger
Which type of culture emphasizes formal structures and the correct implementation of
organizational procedures, norms, and rules? - CORRECT ANSWER Bureaucratic
Effective ________ planning is essential to the success of a merger or acquisition. - CORRECT
ANSWER Talent
What is the ethical action that best balances good over harm by doing the most good or doing the
least harm? - CORRECT ANSWER utilitarian standard
In some cases, companies are acquired because the acquiring company needs the ________ of
the other company. - CORRECT ANSWER talent and skills
Employees need to change their ________ for an organizational change effort to succeed. -
CORRECT ANSWER behaviors and goals
Employment laws and regulations exist because organizations typically have more ________
than employees do. - CORRECT ANSWER Power