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WGU C202 Managing Human Capital Questions and Answers

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WGU C202 Managing Human Capital Questions and Answers

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WGU C202 Managing Human Capital Questions and
Answers


1. Human Resource Strategy - ✅✅✅Links the entire human resource
function with the firm's business strategy.


2. Business Strategy - ✅✅✅Defines how the firm will compete in its
marketplace.


3. Total Rewards - ✅✅✅The sum of all rewards employees receives in
exchange for their time, efforts, and performance.


4. The combined intrinsic and extrinsic rewards of a job.


5. Employee Handbooks - ✅✅✅Print or online materials that document
the organization's HRM policies and procedures.


6. HRM: Human Resource Management - ✅✅✅The organizational
function responsible for attracting, hiring, developing, rewarding, and
retaining talent.


7. Outsourcing - ✅✅✅Hiring an external vendor to do work for the
company rather than doing it internally.


8. Nonfinancial 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.

,9. Intrinsic Reward - ✅✅✅Non-monetary rewards derived from the work
itself.


10.Competitive Advantage - ✅✅✅Doing something differently from the
competitor thus leading to outperformance and success.


11.Talent Philosophy - ✅✅✅A system of beliefs about how an
organization's employee should be treated.


12.Shared Service Center - ✅✅✅Centralized routine, transaction-based
HRM activities.


13.Professional Employer Organization - ✅✅✅A company that leases
employees to companies that need them.


14.Direct Financial Compensation - ✅✅✅Compensation received in the
form of salary, wages, commissions, stock options, or bonuses.


15.Virtue Standard - ✅✅✅The ethical action is consistent with certain
ideal virtues including civility, compassion, benevolence, etc...


16.Common Good Standard - ✅✅✅The ethical action shows respect and
compassion for all others, especially the most vulnerable.
17.Respect and compassion for all

,18.Codes of Conduct - ✅✅✅Specifies expected and prohibited actions in
the workplace and gives an example of appropriate behavior.


19.Stakeholder Perspective - ✅✅✅Considering the interests and opinions
of all people, groups, organizations, or systems that affect or could be
affected by the organization's actions.


20.Performance Culture - ✅✅✅Focuses on hiring, retaining, developing,
motivating, and making work assignments based on performance data and
results.


21.Organizational Culture - ✅✅✅The norms, values, and assumptions of
organizational members that guide members' attitudes and behaviors.


22.High-performance Work System - ✅✅✅High involvement or high
commitment organizations.


23.Code of Ethics - ✅✅✅A decision-making guide that describes the
highest values to which an organization aspires.


24.Rights Standard - ✅✅✅The ethical action is the one that best respects
and protects the moral rights of everyone affected by the action.


25.Corporate Social Responsibility - ✅✅✅Businesses showing concern for
the common good and valuing human dignity.

, 26.Fairness Standard - ✅✅✅The ethical action treats all people equally, or
at least fairly, based on some defensible standard.


27.Ethics - ✅✅✅The standards of moral behavior that define socially
accepted behaviors that are right as opposed to wrong.


28.Utilitarian Standard - ✅✅✅The ethical action that best balances good
over harm.


29.Protected Classes - ✅✅✅Groups underrepresented in employment.


30.Equal Employment Opportunity - ✅✅✅A firm's employment practices
must be designed and used in a manner that treats employees and
applicants consistently regardless of their protected characteristics, such as
their sex or race.


31.Affirmative Action - ✅✅✅Proactive efforts to eliminate discrimination
and its past effects.


32.Quid Pro Quo Harassment - ✅✅✅Unwanted verbal or physical conduct
of a sexual nature made as a term condition of employment or as a basis for
employment and/or advancement decisions.


33.Bona Fide Occupational Qualification - ✅✅✅Characteristic that is
essential to the successful performance of a relevant job fucntion.

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