MANAGING HUMAN CAPITAL C202
QUESTIONS & ANSWERS(RATED
A+)
1. Staffing
2. Health and Safety
3. Performance Management
4. Rewards and Benefits
5. Training and Development
6. Employee and Management Relations - ANSWERDescribe the primary Functions
of HR
Keep your employees safe at work for ethical and compliance reasons. Including
physical and mental health. - ANSWERHealth and Safety
Making sure both the employee and manager are represented fairly and bothy have
rights. Works with unions if necessary - ANSWEREmployee Management relations
Keeping employees trained on how to best do their jobs and up to date on skills
needed - ANSWERTraining Development
Making sure to keep employees rewarded and compensated fairly for their work and
providing benefits to retain talent - ANSWERRewards and Benefits
Acquiring, Allocating and retaining the right employees to give the company a
strategic advantage. - ANSWERStaffing
Align employees goals with companies goals and appraising and evaluating past and
current work - ANSWERPerformance Management
- improves efficiency
- contributes to revenue growth
- manages risk
- Convert potential performance to actual performance
- influences what people should, can and will do - ANSWERWhy is HRM important?
- Aligns company's values and goals with employees values and goals
- influences strategies of each function
- Creates integrated HRM execute business strategy - ANSWERHow does HRM
Support business strategy
, Human resource compliance, balancing policy an legal requirements, and keeping
employees engaged , motivated and productive. - ANSWERHow does HRM support
organizational leadership?
1. Utilitarian Standard
2. Rights Standard
3. Fairness Standard
4. Common Goods Standard
5. Virtue Standard - ANSWEREthical Standards
Balances good over harm. Doing most good or least harm - ANSWERUtilitarian
Standard
Best respects and protects everyone's moral rights including right to privacy, to be
told the truth or safe. E.g. A manager tells and employee to handle toxic substance
without protective gear, the employee can refuse - ANSWERRights Standard
Everyone is treated equally or at least fairly. - ANSWERFairness standard
Shows respect and compassion for everyone, especially the most vulnerable. E.g.
No child labor, unsafe working conditions - ANSWERCommon Good Standard
Contains ideal virtues like civility, compassion, benevolence. E.g. REcalling products
that are dangers our defect - ANSWERVirtue Standard
1. Participating in conducting due diligence
2. Developing practices that support knowledge transfer and rapid learning
3. Developing strategies to retain top talent and release poor performers
4. Monitoring the new culture to identify ways to strengthen it
5. Planning for continuous adjustment and learning through the process -
ANSWERHow HRM can create the foundation for success of a merger or acquisition
-Promotes employee participation, commitment and identification with the
organization
-Helps hire the right talent and helps decide who to let go during layoffs -
ANSWERDescribe how Human Resource Managers may serve as internal
consultants for managment
- Formalized Expectations and guides employees when policies don't exist
- Determines who is hired and fired
- Determines trainings, goals accountability and who is rewarded
- Plays a large role in HPWS - ANSWERExplain how HRM practices reinforce
organizational culture
- Good PR avoiding negative publicity
- Avoid legal expenses and staying compliant
- New ideas come from diverse ways of seeing things
- Better you are able to work with all types of people, the better you will be at your
job
QUESTIONS & ANSWERS(RATED
A+)
1. Staffing
2. Health and Safety
3. Performance Management
4. Rewards and Benefits
5. Training and Development
6. Employee and Management Relations - ANSWERDescribe the primary Functions
of HR
Keep your employees safe at work for ethical and compliance reasons. Including
physical and mental health. - ANSWERHealth and Safety
Making sure both the employee and manager are represented fairly and bothy have
rights. Works with unions if necessary - ANSWEREmployee Management relations
Keeping employees trained on how to best do their jobs and up to date on skills
needed - ANSWERTraining Development
Making sure to keep employees rewarded and compensated fairly for their work and
providing benefits to retain talent - ANSWERRewards and Benefits
Acquiring, Allocating and retaining the right employees to give the company a
strategic advantage. - ANSWERStaffing
Align employees goals with companies goals and appraising and evaluating past and
current work - ANSWERPerformance Management
- improves efficiency
- contributes to revenue growth
- manages risk
- Convert potential performance to actual performance
- influences what people should, can and will do - ANSWERWhy is HRM important?
- Aligns company's values and goals with employees values and goals
- influences strategies of each function
- Creates integrated HRM execute business strategy - ANSWERHow does HRM
Support business strategy
, Human resource compliance, balancing policy an legal requirements, and keeping
employees engaged , motivated and productive. - ANSWERHow does HRM support
organizational leadership?
1. Utilitarian Standard
2. Rights Standard
3. Fairness Standard
4. Common Goods Standard
5. Virtue Standard - ANSWEREthical Standards
Balances good over harm. Doing most good or least harm - ANSWERUtilitarian
Standard
Best respects and protects everyone's moral rights including right to privacy, to be
told the truth or safe. E.g. A manager tells and employee to handle toxic substance
without protective gear, the employee can refuse - ANSWERRights Standard
Everyone is treated equally or at least fairly. - ANSWERFairness standard
Shows respect and compassion for everyone, especially the most vulnerable. E.g.
No child labor, unsafe working conditions - ANSWERCommon Good Standard
Contains ideal virtues like civility, compassion, benevolence. E.g. REcalling products
that are dangers our defect - ANSWERVirtue Standard
1. Participating in conducting due diligence
2. Developing practices that support knowledge transfer and rapid learning
3. Developing strategies to retain top talent and release poor performers
4. Monitoring the new culture to identify ways to strengthen it
5. Planning for continuous adjustment and learning through the process -
ANSWERHow HRM can create the foundation for success of a merger or acquisition
-Promotes employee participation, commitment and identification with the
organization
-Helps hire the right talent and helps decide who to let go during layoffs -
ANSWERDescribe how Human Resource Managers may serve as internal
consultants for managment
- Formalized Expectations and guides employees when policies don't exist
- Determines who is hired and fired
- Determines trainings, goals accountability and who is rewarded
- Plays a large role in HPWS - ANSWERExplain how HRM practices reinforce
organizational culture
- Good PR avoiding negative publicity
- Avoid legal expenses and staying compliant
- New ideas come from diverse ways of seeing things
- Better you are able to work with all types of people, the better you will be at your
job
