WGU C202 Managing Human Capital EXAM A, B & STUDY
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WGU C202 Managing Human Capital EXAM A
Compensation received in the form of salary, wages, commissions, stock options, or bonuses
is called __________
nonfinancial compensation
secondary financial compensation
indirect financial compensation
direct financial compensation
direct financial compensation
Compensation in the form of retirement planning, vacation time, and health insurance is
called
nonfinancial compensation
indirect financial compensation
direct financial compensation
primary financial compensation
indirect financial 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, are called
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Direct financial compensation
secondary financial compensation
nonfinancial compensation
indirect financial compensation
nonfinancial compensation
HRM influences organizational performance through its influence on
IT infrastructure
managerial decision making
internal communication methods
efficient systems and processes
efficient systems and processes
Effective HRM systems influence organizational performance in all the following ways except
________
-equitably linking rewards to responsibility level and performance
-increasing the organization's ability to manage change
-reporting ethical breaches to the Bureau of Labor Statistics
-contributing to revenue growth
reporting ethical breaches to the Bureau of Labor Statistics
What type of competitive strategy does a firm have to determine its place in the market?
business
financial
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management
performance
business
What is the ultimate goal of human resource management?
-To optimize the product testing and development process
-To attract and maintain key investment in the company's portfolio
-To manage risk and retain great employees
-To be the main point of communication with shareholders
To manage risk and retain great employees
How can HRM create value within an organization?
- by only hiring people with advanced degrees
- by keeping pay as low as possible
- by leasing employees to save money
- by contributing to the execution of its business strategy
by contributing to the execution of its business strategy
The purpose of the organizational function of HRM is to _________
-attract, hire, devise, rework, and refresh talent
-detain, hire, develop, rework, and retain talent
-detain, hire, devise, reward, and refresh talent
-attract, hire, develop, reward, and retain talent
attract, hire, develop, reward, and retain talent
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When an organization adopts a new manufacturing process, which HRM function is
responsible for improving employees' skills to meet new needs?
training and development
performance management
staffing
employee-management relations
training and development
Staffing is the process of planning, acquiring, deploying, and retaining employees that enable
the organization to meet its talent needs and execute its
business strategy
executive strategy
employee strategy
management strategy
business strategy
Separations due to poor performance, layoffs, or restructuring are part of which HRM
function?
performance management
staffing
employee-management relations
training and development
staffing
_________ planning helps an organization have people ready to assume key positions and
reduce transition challenges.