HRMN 3420 UPDATED EXAM 1 Questions And
CORRECT Answers
human resource management - CORRECT ANSWERS the policies, practices, and systems
that influence employees' behavior, attitudes, and performance
Strategic HRM - CORRECT ANSWERS is the pattern of planned human resource
deployments and activities intended to enable an organization to achieve its goals
Three methods to assess whether HRM matters - CORRECT ANSWERS Conceptual
analysis, Case studies, Quantitative analysis
conceptual analysis - CORRECT ANSWERS resource based perspective of firm performance
case studies - CORRECT ANSWERS looks at other companies and asses them on factors
they are looking into
quantitative studies - CORRECT ANSWERS ask questions:
Whether the companies who are recognized for better HRM practices are more profitable than
similar competitors?
What's the correlation between the quality of HRM practice of companies and their financial
performance? What are the mechanisms through which HRM practices influence company
performance? In other words, WHY do HRM practices improve performance?
resource based perspective of firms performance - CORRECT ANSWERS rare and
inimitable; contribute to organizational effectiveness and competitive advantages
, Resources in an organization: financial, physical, interpersonal..., Rare resources, Inimitable
resources, Sustained competitive advantage occurs when you have
something that is difficult to imitate
Three Dimensions of HR Practices - CORRECT ANSWERS 1. Skill-enhancing
2. Motivation-enhancing
3. Opportunity-enhancing:
Skill-enhancing: - CORRECT ANSWERS Recruitment, selection, and training
Motivation-enhancing: - CORRECT ANSWERS Performance management, compensation
and benefits, development, and job security
Opportunity-enhancing: - CORRECT ANSWERS Job design, work teams, and employee
involvement
HR practices positively affect organizational financial outcomes because... - CORRECT
ANSWERS they increase employee motivation and organizations' human capital, which
lead to smoother operations/production and lower voluntary turnover.
4 mechanisms that explain why the HR practices improved financial outcomes for firms -
CORRECT ANSWERS human capital, employee motivation, voluntary turnover, and
operational outcomes
Evidence-based HR - CORRECT ANSWERS HRM should be based on data showing the
relationship between the practice and business or other outcomes related to key company
stakeholders (customers, shareholders, employees, community).
CORRECT Answers
human resource management - CORRECT ANSWERS the policies, practices, and systems
that influence employees' behavior, attitudes, and performance
Strategic HRM - CORRECT ANSWERS is the pattern of planned human resource
deployments and activities intended to enable an organization to achieve its goals
Three methods to assess whether HRM matters - CORRECT ANSWERS Conceptual
analysis, Case studies, Quantitative analysis
conceptual analysis - CORRECT ANSWERS resource based perspective of firm performance
case studies - CORRECT ANSWERS looks at other companies and asses them on factors
they are looking into
quantitative studies - CORRECT ANSWERS ask questions:
Whether the companies who are recognized for better HRM practices are more profitable than
similar competitors?
What's the correlation between the quality of HRM practice of companies and their financial
performance? What are the mechanisms through which HRM practices influence company
performance? In other words, WHY do HRM practices improve performance?
resource based perspective of firms performance - CORRECT ANSWERS rare and
inimitable; contribute to organizational effectiveness and competitive advantages
, Resources in an organization: financial, physical, interpersonal..., Rare resources, Inimitable
resources, Sustained competitive advantage occurs when you have
something that is difficult to imitate
Three Dimensions of HR Practices - CORRECT ANSWERS 1. Skill-enhancing
2. Motivation-enhancing
3. Opportunity-enhancing:
Skill-enhancing: - CORRECT ANSWERS Recruitment, selection, and training
Motivation-enhancing: - CORRECT ANSWERS Performance management, compensation
and benefits, development, and job security
Opportunity-enhancing: - CORRECT ANSWERS Job design, work teams, and employee
involvement
HR practices positively affect organizational financial outcomes because... - CORRECT
ANSWERS they increase employee motivation and organizations' human capital, which
lead to smoother operations/production and lower voluntary turnover.
4 mechanisms that explain why the HR practices improved financial outcomes for firms -
CORRECT ANSWERS human capital, employee motivation, voluntary turnover, and
operational outcomes
Evidence-based HR - CORRECT ANSWERS HRM should be based on data showing the
relationship between the practice and business or other outcomes related to key company
stakeholders (customers, shareholders, employees, community).
