CHAPTERS 1-5 HR STUDY GUIDE WITH
QUESTIONS AND 100% CORRECT
ANSWERS VERIFIED BY EXPERTS 2025
UPDATE.
Definition of Human Resource Management - ANS Utilization of individuals to achieve
organizational objectives
Human Resource Management Functions(6) - ANS 1. Staffing
2. Performance Management
3. Employee and Labor Relations
4. Safety and Health
5. Compensation
6. Human Resource Development
Staffing - ANS Process through which an organization ensures that it always has the required
number of employees with the appropriate skills in the right jobs at the right time, to achieve
organizational objectives
Job Analysis- Systematic process of determining skills, duties, and knowledge required for
performing jobs in an organization
Human Resource Planning-Systematic process of matching the internal and external supply of
people with job openings
Recruitment-Process of attracting individuals on a timely basis, in sufficient numbers, and with
appropriate qualifications
Selection-Process of choosing from a group of applicants the individual best suited for a
particular position
Performance Management - ANS Goal-oriented process directed toward ensuring that
organizational processes are in place to maximize productivity of employees, teams, and
ultimately, the organization
-Performance appraisal- Formal system of review and evaluation of individual or team task
performance
Human Resource Development - ANS Training- Designed to provide learners with knowledge
and skills needed for their present jobs
Development- Involves learning that goes beyond today's job; it has more long-term focus
, Career Planning- Ongoing process
Individual sets career goals
Identifies means to achieve them
Career development- Formal approach used by the organization, Ensures a pipeline of people
with proper qualifications and experiences.
Organizational Development- Planned process of improving an organization by developing its
structures, systems, and processes to improve effectiveness and achieving desired goals
Compensation - ANS Direct Financial Compensation
Pay that a person receives in form of wages, salaries, bonuses, and commissions
Indirect Financial Compensation (Benefits)
All financial rewards not included in direct compensation such as paid vacations, sick leave,
holidays, and medical insurance
Nonfinancial Compensation
Satisfaction that a person receives from the job itself or from psychological and/or physical
environment in which the person works
Employee and Labor Relations - ANS Business is required by law to recognize union and
bargain with it in good faith if firm's employees want union to represent them
Human resource activity with a union is often referred to as industrial relations.
HRM activities associated with the movement of employees within the organization
-Promotions
-Demotions
-Terminations
-Resignations
Safety and Health - ANS Safety
Involves protecting employees from injuries caused by work-related accidents
Health
Refers to employees' freedom from illness and their general physical and mental well being
Example: OSHA
Environment of HRM: External - ANS External: Legal Considerations, Labor market, Society,
Economy, Technology, Customers, Competition, Political parties, Etc.
Internal: Finance, Marketing, Operations, Other functional areas
Interrelationships of HRM Functions - ANS All HRM functions are interrelated
QUESTIONS AND 100% CORRECT
ANSWERS VERIFIED BY EXPERTS 2025
UPDATE.
Definition of Human Resource Management - ANS Utilization of individuals to achieve
organizational objectives
Human Resource Management Functions(6) - ANS 1. Staffing
2. Performance Management
3. Employee and Labor Relations
4. Safety and Health
5. Compensation
6. Human Resource Development
Staffing - ANS Process through which an organization ensures that it always has the required
number of employees with the appropriate skills in the right jobs at the right time, to achieve
organizational objectives
Job Analysis- Systematic process of determining skills, duties, and knowledge required for
performing jobs in an organization
Human Resource Planning-Systematic process of matching the internal and external supply of
people with job openings
Recruitment-Process of attracting individuals on a timely basis, in sufficient numbers, and with
appropriate qualifications
Selection-Process of choosing from a group of applicants the individual best suited for a
particular position
Performance Management - ANS Goal-oriented process directed toward ensuring that
organizational processes are in place to maximize productivity of employees, teams, and
ultimately, the organization
-Performance appraisal- Formal system of review and evaluation of individual or team task
performance
Human Resource Development - ANS Training- Designed to provide learners with knowledge
and skills needed for their present jobs
Development- Involves learning that goes beyond today's job; it has more long-term focus
, Career Planning- Ongoing process
Individual sets career goals
Identifies means to achieve them
Career development- Formal approach used by the organization, Ensures a pipeline of people
with proper qualifications and experiences.
Organizational Development- Planned process of improving an organization by developing its
structures, systems, and processes to improve effectiveness and achieving desired goals
Compensation - ANS Direct Financial Compensation
Pay that a person receives in form of wages, salaries, bonuses, and commissions
Indirect Financial Compensation (Benefits)
All financial rewards not included in direct compensation such as paid vacations, sick leave,
holidays, and medical insurance
Nonfinancial Compensation
Satisfaction that a person receives from the job itself or from psychological and/or physical
environment in which the person works
Employee and Labor Relations - ANS Business is required by law to recognize union and
bargain with it in good faith if firm's employees want union to represent them
Human resource activity with a union is often referred to as industrial relations.
HRM activities associated with the movement of employees within the organization
-Promotions
-Demotions
-Terminations
-Resignations
Safety and Health - ANS Safety
Involves protecting employees from injuries caused by work-related accidents
Health
Refers to employees' freedom from illness and their general physical and mental well being
Example: OSHA
Environment of HRM: External - ANS External: Legal Considerations, Labor market, Society,
Economy, Technology, Customers, Competition, Political parties, Etc.
Internal: Finance, Marketing, Operations, Other functional areas
Interrelationships of HRM Functions - ANS All HRM functions are interrelated
