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Flashcards in HRM Chapter 3 Deck (16)
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What is human capital?

Human capital is the knowledge, education, training, skulls, and expertise of a firm's workers.


What is HR technology?

HR Technology is any tech that is used to attract, hire, retain, maintain talent, support workforce administration, and optimize workforce management..


What is strategy-based metrics?

Strategy-based metrics are metrics that specifcally focus on measuring the activities that contirbute to acheiving a company's strartegic aims.


What is data mining?

Data mining is the algorithmic assessment of vast amounts of employee data to identifity correcltions that employers then use to improve their employee-selection and other practices.


What is learning portal?

A learning portal is a section of an employer's website that offers employees online access to training courses.


What is the learning management system?

The learning management system are special software tools that support internet based training by helping employers identifity training needs, and to schuedle, deliver, assess, and manage the online training itself.


What are personnel replacement charts?

Personnel replacement charts are company records showing present performance and promotability of inside candidates for the most important positions.


What are position replacement cards?

Position replacement cards are cards that are prepared for each position in a company to show possible replacement candidates and their qualifications.


What is a HR audit?

A HR audit is an analysis by which an organization measures where it currently stands and determines what it has to accomplish to improve its HR functions.


What is enterprise-wide system/enterprise resource planning (ERP) system?

The ERP system supports enterprise-wide or cross-functional requirements rather than a single department within the organization.


What is stand-alone system?

A stand-alone system is a self contained system that does not rely on other systems to operate.


What is a request for proposal (RFP)?

A RFP is a document that requests vendors to provide a proposal detailing how the implementation of their particular HRIS will meet the organization's needs.


What is electronic HR (e-HR)?

e-HR is a form of technology that enables HR professionals to integrate an organization's HR strategies, processes, and human capital to improve overall HR service delivery.


What is a HR portal?

A HR portal is a single internet access point for customized and personalized HR services?


What is employee self-service (ESS)?

ESS enables employees to access and manage their personal information directly.


What is management self-service (MSS)?

MSS enables managers to access a range of information about themselves and the employees who report to them and to process HR-related paperwork that pertains to their staff.