MGMT 3860 EXAM 2 REVIEW QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS VERIFIED LATEST UPDATE

MGMT 3860 EXAM 2 REVIEW QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS VERIFIED LATEST UPDATE Recruiting Most important aspect of increasing competitiveness in the job market Strategic workforce planning The analytic, forecasting, and planning process that connects and directs talent management activities to ensure an organization has the right people in the right places at the right time and at the right price to execute it's business strategy. Realistic job previews RJP A recruiters job overview that includes not only the positive aspects but also the unpleasant aspects of the job What is the effectiveness of different recruiting sources? Most effective: 1. Referrals 2. Social networking websites 3. Employers websites Least effective: Job fairs & newspapers Aspects of an Internal job market 1. Easier to evaluate, more candidate information. 2. Less expensive and less time-consuming. 3. Candidates are familiar so there's less transition time. 4. Good for morale. 5. Culture does not change. 6. Short learning curve. Aspects of an external job market 1. Promote new ideas, innovation. 2. No disruption of existing hierarchy. 3. Affirmative action calls. 4. Signals changing organization. Job analysis Is the cornerstone of HR ; it is the process of gathering info about jobs, including the tasks to be done on the jobs as well as the personal characteristics necessary to do the tasks. Job description Is what a person does, like duties, tasks, and activities engaged in performing that job Job specifications Is the knowledge, skills, abilities, and other characteristics needed to do the job described Employee referrals Best source; low cost; & insider knowledge 1. the employee prescreens the referral. 2. candidate can have accurate expectations about the job. 3. the new hire will know someone internally for coaching. Employer branding Developing a long-term strategy to manage how a company's stakeholders, especially current and future employees, perceive the company Value Proposition A message that helps potential applicants differentiate what one company offers to its employees versus what other companies offer. It also conveys to potential employees information about the jobs, culture and values, compensation and benefits, hiring practices, career opportunities, working climate, and the company's corporate image. Validity Refers to the job relatedness of a measure; shown for example, by assessing the strength of the relationship between scores from the measure and some indicator or reading of actual job performance. Reliability of Measurements a measurement is considered to be reliable if it is consistent or stable, over time, across different samples of items, across different raters of judges working independently.