Chapter 2 Flashcards

1
Q

Human Resource Management (HR)

A

The organisation of employees roles, pay and working conditions

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2
Q

What’s the relationship between HR and business objectives?

A

employees feel valued and motivated which increase performance. Therefore, high performance assists a business in achieving business objectives.

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3
Q

Maslow’s Hierarchy of Needs

A

motivational theory that suggests people have five fundamental needs, and
their sequential attainment of each need acts as a source of motivation.

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4
Q

Motivation

A

willingness of an individual to expend energy and effort in completing a task.

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5
Q

Physiological needs

A

the basic requirements for human survival, such as food, water, and shelter.

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6
Q

Safety and security needs 

A

the desires for protection from
dangerous or threatening
environments

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7
Q

Social needs 

A

the desires for a sense of
belonging and friendship among groups, both inside and outside the workplace

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8
Q

Esteem needs

A

an individual’s desires to feel important, valuable, and respected.

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9
Q

Self-actualisation needs

A

the desires of an individual to reach their full potential through creativity and personal growth.

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10
Q

Four Drive Theory

A

a motivational theory that suggests that people strive to balance four fundamental desires

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11
Q

What are the four drives?

A

Acquire
Bond
Comprehend (learn)
Defend

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12
Q

drive to acquire

A

desire to achieve rewards and high status.

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13
Q

drive to bond

A

desire to participate in social interactions and feel a sense of belonging.

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14
Q

drive to comprehend (learn)

A

desire to gain knowledge, skills and experience

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15
Q

drive to defend

A

desire to protect personal security as well as values of the business

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16
Q

Goal Setting Theory

A

motivation theory that states employees are motivated by clearly defined goals which fulfill five key principles

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17
Q

What are the five key principles of the Goal Setting Theory

A

Clarity, Commitment, Challenge, Task complexity, Feedback

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18
Q

Performance related pay

A

a financial reward that employees receive for reaching or exceeding a set business goal.

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19
Q

Career advancement

A

the upwards progression of
an employee’s job position.

20
Q

What are the motivational strategies?

A

Performance related pay
Career advancement
Investment in training
Support
Sanction

21
Q

Investment in training

A

allocation of resources to improve employee skills and knowledge

on the job and off the job training

22
Q

Support

A

providing employees with any assistance that improves their satisfaction at work

23
Q

Sanction

A

penalising employees for poor performance or breaching business policies

24
Q

Types of motivation

A

short term employee motivation: easy to implement to rapidly increase motivation – used in crisis situations

long term employee motivation: high level of employee job satisfaction, strategies that improve positive work culture

25
What are the types of employee training?
on-the-job and off-the-job
26
on-the-job
employees improving knowledge and skills within the workplace
27
off-the-job
employees improving their knowledge and skills in a location thats external to the business
28
What are the four types of performance management?
management by objectives performance appraisals self evaluation employee observation
29
Management by objectives
both managers and employees collaboratively setting individual employee goals which contribute to achieving broader business objectives
30
performance appraisals
manager assessing the performance of an employee against a range of criteria, provide feedback and establish plans for future improvements
31
self-evaluation
an employee assessing their individual performance against a set of criteria
32
employee observation
a range of employees from different levels of authorities to assess another employees performance (against a set of criteria)
33
What are the types of termination management?
retirement redundancy resignation dismissal entitlement considerations transition considerations
34
retirement
individuals deciding to leave the workforce permanently because they no longer wish to work
35
termination
process of a business ending an employee contract with an employee
36
redundancy
an employee no longer working for a business because there is insufficient work or their job no longer exists
37
resignation
an employee voluntarily terminating their own employment, usually to take another job position somewhere else
38
dismissal
involuntary termination of an employee who fails to meet required work standards or displays unacceptable or unlawful behaviour
39
entitlement considerations
legal obligations an employer owes to its employees after the termination of their employment contract
40
transition considerations
social and ethical practices that a manager can consider doing when terminating employment
41
awards
legal documents that outline minimum wages and conditions of work for employees for a particular industry
42
agreements
the legal documents that outline wages and working conditions of employees and are applied to a particular business or group of businesses
43
what is the dispute resolution process?
steps that disputing parties follow to resolve a disagreement and reach a resolution
44
mediation
impartial third party that facilitates the discussion between the disputing parties to help each side reach a resolution to the conflict themselves
45
arbitration
an independent third party that hears arguments from the disputing parties and makes a legally binding decision to resolve the conflict