OBHR 4334 Test 1 Flashcards
(142 cards)
Process of finding and hiring high-quality talent needed to meet the organization’s workforce needs
Talent Aquisition
Through what process does an organization obtain employees?
Staffing
Something a company can do differently from its competitors in order to perform better
competitive advantage
the knowledge and skills a worker gains through education and experience
Human Capital
The average organization’s employee cost is over 25% of its total revenue
True or False?
True
the process of predicting an organization’s future employment needs and the availability of current employees and external hires to meet those employment needs and execute the organization’s business strategy
Workforce planning
Workforce planning is also known as _____ ______.
Gap Analysis
locating qualified individuals and labor markets from which to recruit
Sourcing
all organizational practices and decisions that affect either the number or types of individuals willing to apply for and accept job offers
Recruiting
assessing job candidates and deciding whom to hire
Selecting
assigning talent to appropriate jobs and roles in the organization
Deploying
Familiarizing new hires with their job, and the organization as a whole
Onboarding
Performance differences are sustainable if the resources are:
a. Rare
b. Inimitable
c. Non-Sustainable
d. All of the above
e. None of the above
D
This refers to the way in which the organization controls employee performance, either by means or end results
Employee Control Models
An employee control model denoted by a precise control of employee means
Process Control
An employee control model denoted by a control of only the end results of employee performance
Outcome Control
Labor markets in which workers are hired into entry level jobs and higher levels are filled from within
Internal Labor Market
Internal labor markets have low levels of job security
True or False?
False
External labor markets have low levels of job security
True or False?
True
Persons outside the firm who are actively seeking employment.
External Labor Market
Internal labor markets train employees extensively
True or False?
T
External Labor markets train employees extensively
True or False?
F
The Best Practices perspective is largely viewed as unrealistic and vague
True or False?
T
Someone who performs services wherein the employer only directs the result of the work
Independent contractor