HUMAN RESOURCE MANAGEMENT –
THEORIES QUESTIONS AND ANSWERS
WITH VERIFIED SOLUTIONS 2024
Resource Dependency theory - ANSWER Reciprocal relationship between those who perform work or
services, and those who offer employment in the aim of realizing organizational goals. To achieve goals
orgs are dependent on resources; money, goods and people → knowledge. Depend on those providing
the resources.
Human Capital theory - ANSWER In a serie; employees shouldn't be seen as expenses but as a unique
asset to the organisation.
Resource based view - ANSWER Physical Capital: Money, offices, factories, machines, computers, etc.
Organisational Capital: The organisations strategy, HR systems, planning and control, etc. Human Capital
(HR with org cap): The knowledge and skills the employees in the organisation possess.
HR Differentiation (Lepak&Shnell) - ANSWER Playing into the needs of individual groups of employees.
HR focus specifically on these needs,
For example employees whose performance tend to fluctuate could be more motivated by rewards for
good performance. Outcomes of differentiation:
Stimulate people to perform as expected or more.
Stimulate people to ambitious and show better than average effort and performance.
People with a lot for value feel appreciated by the organization.
Classic market theory - ANSWER
Dunlop model - ANSWER
Agency theory - ANSWER
Conflict theory - ANSWER
THEORIES QUESTIONS AND ANSWERS
WITH VERIFIED SOLUTIONS 2024
Resource Dependency theory - ANSWER Reciprocal relationship between those who perform work or
services, and those who offer employment in the aim of realizing organizational goals. To achieve goals
orgs are dependent on resources; money, goods and people → knowledge. Depend on those providing
the resources.
Human Capital theory - ANSWER In a serie; employees shouldn't be seen as expenses but as a unique
asset to the organisation.
Resource based view - ANSWER Physical Capital: Money, offices, factories, machines, computers, etc.
Organisational Capital: The organisations strategy, HR systems, planning and control, etc. Human Capital
(HR with org cap): The knowledge and skills the employees in the organisation possess.
HR Differentiation (Lepak&Shnell) - ANSWER Playing into the needs of individual groups of employees.
HR focus specifically on these needs,
For example employees whose performance tend to fluctuate could be more motivated by rewards for
good performance. Outcomes of differentiation:
Stimulate people to perform as expected or more.
Stimulate people to ambitious and show better than average effort and performance.
People with a lot for value feel appreciated by the organization.
Classic market theory - ANSWER
Dunlop model - ANSWER
Agency theory - ANSWER
Conflict theory - ANSWER
