Hr: Chapter 1

Question 1

What is HRM?

Answer 1

an integrated set of processes, practices, programs, and systems in an organization that focuses on the effective deployment and development of its employees

Question 2

Why should all managers/ supervisors have a background in HRM?

Answer 2

• they must require knowledge and understanding of HRM and how practices influence the success of the organization
• managers should be aware of the issues in the external environment- which can help or hinder the organization to achieve its goals

Question 3

What are the HRM functions

Answer 3

1. recruitment and selection
2. training and development
3. performance evaluation
4. compensation-> rewarding employees

Question 4

What are the factors in the external environment that influence HRM?

Answer 4

economic 
social 
cultural 
globalization 
technological 
legal 
political

Question 5

What is the effect of globalization on HRM?

Answer 5

when managers go global they must deal with the issues related to different geographies, cultures, laws, and business practices

HR must identify capable managers who live and work overseas, design training programs that enhance the managers understanding of foreign cultures and work practices, and adjust compensation plans to ensure pay is fair and equitable across diff regions with diff costs of living

Question 6

How does technology effect HRM?

Answer 6

advancements in tech. have enabled orgs. to improve processes, reduce costs, and improve quality

technology is changing the way that orgs. do business

MAKES HR PRACTICES MORE EFFICIENT

Question 7

Why do orgs. have an HR department?

Answer 7

their job is the ensure that the business is getting the most out of its employees

for guidance and coordination of employees

Question 8

What is business strategy?

Answer 8

firms working plan for achieving its vision, competing effectively, and optimizing financial performance

Question 9

What is the link between strategy and HRM strategy?

Answer 9

HR strategy should be align with business strategy to enhance competitive advantage through knowledge, skills, and abilities of people

HR strategy should drive business strategy

Question 10

What is human capital?

Answer 10

skills-> what you bring to the company. skills experience ect.

Question 11

Do smaller companies have HR department?

Answer 11

a lot of small companies do not have a HR department but instead have 1-2 individuals who deal with HRM initiatives.