MGMT 3013 EXAM 3 2026 QUESTIONS AND ANSWERS | A+ GRADED | WITH EXPERT
SOLUTIONS
Human Resources - (ANSWER)The activities that center on the attraction and development of high-
quality employees.
Human Capital - (ANSWER)The economic value of the knowledge, experience, skills, and capabilities of
employees.
Social Capital - (ANSWER)The connections between individuals and entities that can be economically
valuable.
Job Analysis - (ANSWER)The process of gathering detailed information about the various jobs within the
organization.
Job Design - (ANSWER)The process of defining or redefining jobs within the organization.
Job Description - (ANSWER)A summary of the tasks, duties, and responsibilities that are associated with
a particular job.
Job Specification - (ANSWER)An outline of minimum qualifications that a potential employee must
possess to be successful at that job in terms of the knowledge, skills, abilities, and other characteristics.
Forecasting - (ANSWER)the process of predicting both our labor demand and labor supply for the
different jobs in an organization.
Recruiting - (ANSWER)The process of finding and attracting new employees.
internal recruiting - (ANSWER)using existing employees to fill vacancies within the organization.
Benefits of internal recruiting - (ANSWER)Knowledge of the employee's current performance, enhanced
loyalty from the opportunity to advance from within, lower cost, less time consuming, and consistency
in the workplace.
, MGMT 3013 EXAM 3 2026 QUESTIONS AND ANSWERS | A+ GRADED | WITH EXPERT
SOLUTIONS
Drawbacks from Internal Recruiting - (ANSWER)creating another opening by moving people around,
limiting your pool of options, and not gaining a unique perspective someone from outside the
organization could offer.
external recruiting - (ANSWER)The process of finding and attracting potential employees from outside
the organization.
benefits of external recruiting - (ANSWER)-new employees have new ideas, perspectives, and ways of
doing things
-useful when internal candidates can't fill positions
Drawbacks of external recruiting - (ANSWER)-motivational problems in organization
-more expensive
-time consuming
Initial process of hiring - (ANSWER)Determine whether or not each of our applicants meets the basic
minimum requirements for the job.
Substantive process of hiring - (ANSWER)Candidates are subjected to a number of selection methods in
an attempt to rank order or distinguish them from all of the other candidates.
Discretionary process of hiring - (ANSWER)Because employment is contingent upon the successful
completion of these last steps. Some companies may require drug testing. Others may run a final
background check just to make sure you are who you say you are and haven't done anything bad
enough to warrant you un-hirable.
Structured interview - (ANSWER)A standardized process in which candidates are evaluated based based
on a pre-determined list of questions that are asked of all candidates
SOLUTIONS
Human Resources - (ANSWER)The activities that center on the attraction and development of high-
quality employees.
Human Capital - (ANSWER)The economic value of the knowledge, experience, skills, and capabilities of
employees.
Social Capital - (ANSWER)The connections between individuals and entities that can be economically
valuable.
Job Analysis - (ANSWER)The process of gathering detailed information about the various jobs within the
organization.
Job Design - (ANSWER)The process of defining or redefining jobs within the organization.
Job Description - (ANSWER)A summary of the tasks, duties, and responsibilities that are associated with
a particular job.
Job Specification - (ANSWER)An outline of minimum qualifications that a potential employee must
possess to be successful at that job in terms of the knowledge, skills, abilities, and other characteristics.
Forecasting - (ANSWER)the process of predicting both our labor demand and labor supply for the
different jobs in an organization.
Recruiting - (ANSWER)The process of finding and attracting new employees.
internal recruiting - (ANSWER)using existing employees to fill vacancies within the organization.
Benefits of internal recruiting - (ANSWER)Knowledge of the employee's current performance, enhanced
loyalty from the opportunity to advance from within, lower cost, less time consuming, and consistency
in the workplace.
, MGMT 3013 EXAM 3 2026 QUESTIONS AND ANSWERS | A+ GRADED | WITH EXPERT
SOLUTIONS
Drawbacks from Internal Recruiting - (ANSWER)creating another opening by moving people around,
limiting your pool of options, and not gaining a unique perspective someone from outside the
organization could offer.
external recruiting - (ANSWER)The process of finding and attracting potential employees from outside
the organization.
benefits of external recruiting - (ANSWER)-new employees have new ideas, perspectives, and ways of
doing things
-useful when internal candidates can't fill positions
Drawbacks of external recruiting - (ANSWER)-motivational problems in organization
-more expensive
-time consuming
Initial process of hiring - (ANSWER)Determine whether or not each of our applicants meets the basic
minimum requirements for the job.
Substantive process of hiring - (ANSWER)Candidates are subjected to a number of selection methods in
an attempt to rank order or distinguish them from all of the other candidates.
Discretionary process of hiring - (ANSWER)Because employment is contingent upon the successful
completion of these last steps. Some companies may require drug testing. Others may run a final
background check just to make sure you are who you say you are and haven't done anything bad
enough to warrant you un-hirable.
Structured interview - (ANSWER)A standardized process in which candidates are evaluated based based
on a pre-determined list of questions that are asked of all candidates