WGU C202 Managing Human Capital Ch1 Questions
and Correct Answers/ Latest Update / Already Graded
Total Rewards
Ans: the sum of all the rewards employees receive in exchange for their time,
efforts, and performance
Direct financial compensation
Ans: compensation received in the form of salary, wages, commissions, stock
options, or bonuses
Human Resource Strategy
Ans: links the entire human resource function with the firm's business strategy
Indirect Financial Compensation
Ans: all the tangible and financially valued rewards that are not included in direct
compensation, including free meals, vacation time, and health insurance
Human resource Management
Ans: the organizational functions for attracting, hiring, developing, rewarding,
and retaining talent
human resource strategy
Ans: links the entire human resource function with the firm's business strategy
rewards & benefits
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Ans:
the HR function that refers to the sum of all of the rewards employees
receive in exchange for their time, efforts, and performance
nonfinancial compensation
Ans: 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
strategic risk
Ans: risk related to talent strategy, company culture, ethics, investments in
people, and the implementation of change initiatives
competitive advantage
Ans: doing something differently from the competition that leads to
outperformance and success
talent philosophy
Ans: a system of beliefs about how a firm's employees should be treated
staffing
Ans: the HR that refers to the process of planning, acquiring, deploying, and
retaining employees that enables the organization to meet its talent needs and
execute its business strategy
business strategy
Ans: defines how the firm will compete in its marketplace
training and development
© 2025/ 2026 | ® All rights reserved