Human Resource Management Chapter 10
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Questions and Answers

What is recency error in performance appraisal systems?

  • Basing judgments primarily on the most recent performance. (correct)
  • Collecting feedback from multiple sources.
  • The evaluation based on overall performance over time.
  • Assessing employees on unrelated dimensions.

How does halo error affect performance appraisals?

  • It eliminates personal biases from the evaluation process.
  • It improves the accuracy of evaluations through comprehensive assessments.
  • It allows a positive assessment in one dimension to positively influence unrelated ratings. (correct)
  • It leads to a strict evaluation of each individual dimension independently.

What characterizes workforce diversity?

  • A focus solely on gender representation within an organization.
  • The incorporation of varying beliefs and backgrounds in the workforce. (correct)
  • Uniformity in attitudes, values, and behaviors among employees.
  • The elimination of any biases based on physical abilities.

What is the primary value that knowledge workers add to organizations?

<p>Their knowledge and expertise in specialized fields. (A)</p> Signup and view all the answers

What is a key aspect of 360-degree feedback in performance appraisal?

<p>It includes evaluations from peers, subordinates, and supervisors. (C)</p> Signup and view all the answers

What is the primary purpose of conducting a job analysis within an organization?

<p>To create job descriptions and specifications (B)</p> Signup and view all the answers

Which of the following best describes the concept of human capital in an organization?

<p>The collective skill sets and talents of employees (C)</p> Signup and view all the answers

What does forecasting the internal supply of labor involve?

<p>Determining the number and type of employees already in the firm (D)</p> Signup and view all the answers

What information is typically included in a skills inventory?

<p>Employees' education, skills, work experience, and career aspirations (D)</p> Signup and view all the answers

What is a replacement chart primarily used for in HR management?

<p>To identify succession planning for managerial positions (B)</p> Signup and view all the answers

How does effective human resource management impact an organization?

<p>It directly improves the bottom-line performance (B)</p> Signup and view all the answers

What are job specifications used for in human resource management?

<p>To outline necessary skills and qualifications for a role (A)</p> Signup and view all the answers

Which statement best describes talent management?

<p>It involves managing a portfolio of employee talents for organizational success (A)</p> Signup and view all the answers

What is an example of external HR supply forecasting?

<p>Analyzing the number of job seekers in the labor market (C)</p> Signup and view all the answers

What is the primary purpose of a retirement plan?

<p>To pay pensions to workers when they retire (D)</p> Signup and view all the answers

What is a key factor in containing costs of employee benefits?

<p>Offering cafeteria benefits plans to employees (A)</p> Signup and view all the answers

What might NOT be a reason performance issues occur within a workforce?

<p>Excessive employee motivation (A)</p> Signup and view all the answers

Which type of programs are often referred to as development?

<p>Teaching managers skills for future jobs (C)</p> Signup and view all the answers

What is an example of a benefit that many companies are starting to offer?

<p>Stock options at discounted prices through payroll deductions (C)</p> Signup and view all the answers

During which step in developing a training plan is it crucial to identify specific goals?

<p>Assessing training needs (B)</p> Signup and view all the answers

What aspect of employee benefits is required by law?

<p>Social Security retirement benefits (D)</p> Signup and view all the answers

Which statement best describes workers' compensation insurance?

<p>It compensates workers injured on the job. (C)</p> Signup and view all the answers

What is one of the first steps in developing training for employees?

<p>Assessing what training needs exist (B)</p> Signup and view all the answers

In a cafeteria benefits plan, what is typically set aside for each employee?

<p>A certain dollar amount for benefits (B)</p> Signup and view all the answers

What is the primary focus of human resource management?

<p>Attracting, developing, and maintaining an effective workforce (A)</p> Signup and view all the answers

Which step is NOT included in the staffing process of a company?

<p>Conducting employee satisfaction surveys (B)</p> Signup and view all the answers

Which component is NOT part of a typical compensation and benefits system?

<p>Employee training programs (C)</p> Signup and view all the answers

Why is workforce diversity considered significant in HR management?

<p>It enhances creativity and innovation within teams. (A)</p> Signup and view all the answers

What does the collective bargaining process typically involve?

<p>Negotiation between labor unions and employers (A)</p> Signup and view all the answers

Which of the following statements about knowledge workers is true?

<p>They require continuous training and skill enhancement. (D)</p> Signup and view all the answers

What strategic role does HRM play within an organization?

<p>HRM creates competitive advantages through talent management. (C)</p> Signup and view all the answers

What is a primary goal of effective recruiting within an organization?

<p>To attract qualified persons to apply for open positions (B)</p> Signup and view all the answers

Which method is specifically associated with dealing with overstaffing?

<p>Encouraging early retirement (B)</p> Signup and view all the answers

What does the realistic job preview aim to achieve during the recruitment process?

<p>To provide applicants with an accurate representation of the job (A)</p> Signup and view all the answers

Which tactic is least likely to be used for managing an anticipated labor shortfall?

<p>Laying off workers immediately (C)</p> Signup and view all the answers

In the context of staffing, what is an internal recruiting process primarily focused on?

<p>Considering current employees for open positions (D)</p> Signup and view all the answers

When is it most critical for managers to accurately forecast future labor needs?

<p>Before laying off employees during financial downturns (B)</p> Signup and view all the answers

What is a primary factor affecting an organization's decision to recruit externally?

<p>The necessity of bringing in fresh perspectives and skills (B)</p> Signup and view all the answers

What does the selection process primarily aim to achieve during hiring?

<p>To predict job success and select suitable candidates (B)</p> Signup and view all the answers

Which of the following actions is least likely to help an organization manage staffing shortfalls?

<p>Hiring additional staff without evaluating current needs (A)</p> Signup and view all the answers

What is the main focus of staffing decisions when a company identifies the need for new employees?

<p>Understanding the legal context of hiring (C)</p> Signup and view all the answers

Flashcards

What is Human Resource Management (HRM)?

The set of activities a company uses to attract, develop, and maintain its workforce.

Why is HRM strategically important?

HRM aligns with the overall business strategy to ensure the organization has the right people in the right roles at the right time to achieve its goals.

What are the key steps in HR planning?

HR planning involves forecasting future HR needs, analyzing current workforce skills, and developing strategies to address any gaps.

What are human resources?

Human resources refer to the people who make up the company's workforce.

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What is the legal context of HRM?

This includes laws like the Equal Employment Opportunity Act, the Civil Rights Act, and the Americans with Disabilities Act, which protect employees from discrimination based on factors like race, religion, gender, and disability.

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What are some contemporary legal issues in HRM?

These legal issues cover areas like hiring, compensation, and managing the workforce, ensuring compliance with employment laws.

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What are the steps in staffing a company?

This involves understanding the company's needs, identifying qualified candidates, and using various recruitment techniques to attract the best talent.

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What is job analysis?

The process of analyzing and understanding the duties, responsibilities, and requirements of a job within an organization.

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What is a job description?

A document outlining the duties, responsibilities, working conditions, and tools required for a specific job.

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What is a job specification?

A document outlining the skills, abilities, and qualifications needed to perform a job successfully.

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What is HR Demand forecasting?

A process of forecasting the number and type of employees an organization will need in the future.

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What is a replacement chart?

A chart showing the current occupants of key positions in an organization, their likely departure dates, and potential replacements.

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What is a skills inventory?

A database containing information on each employee's education, skills, experience, and career goals.

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What is HR planning?

The process of anticipating and meeting an organization's future workforce needs.

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What is human capital?

The organization's investment in attracting, retaining, and motivating a skilled workforce.

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What is talent management?

The process of managing and utilizing an organization's talent pool for optimal success.

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Recency Error

A bias where most recent performance has more weight than past performance.

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Halo Error

When a positive assessment of one aspect spills over to unrelated aspects of a person's performance.

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360-Degree Feedback

Performance reviews that involve feedback from a worker's boss, peers, and subordinates.

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Knowledge Workers

Employees whose primary value lies in their knowledge rather than physical labor.

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Workforce Diversity

The variety of employees' background, experiences, and perspectives in a workplace.

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External Labor Supply Forecasting

Gathering information from external sources like state employment commissions and colleges to predict future labor availability.

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Forecasting HR Demand

The process of identifying and understanding the future need for various skills and jobs within an organization.

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Matching HR Supply and Demand

Comparing the expected future demand for employees with the internal supply of qualified people within the company.

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Addressing HR Shortfalls

Strategies to address situations where the company expects to have too few qualified employees.

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Addressing HR Overstaffing

Actions to manage situations where a company anticipates having more employees than needed.

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Recruiting Employees

The process of finding and attracting qualified individuals to fill open positions within a company.

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Internal Recruiting

Looking within the existing workforce to find candidates for open positions.

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External Recruiting

Seeking qualified candidates from outside the company to fill open positions.

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Realistic Job Preview

Providing potential candidates with a realistic picture of what it's like to work in a specific position.

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Selecting Employees

Gathering information from applicants to evaluate their suitability for a job, aiming to identify the most successful candidates.

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What are benefits?

Compensation beyond wages and salaries, including health, disability, and life insurance, paid time off, and other perks.

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What mandatory benefits are required by law?

Legal requirements for most companies, including Social Security and worker's compensation.

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What are retirement plans?

Programs designed to provide retirement income for workers after they leave the workforce.

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What are cafeteria benefits plans?

Plans that allow employees to choose from various benefits and allocate funds accordingly.

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What is training?

The systematic process of teaching employees the skills needed for their current job.

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What is development?

The process of developing managers and professionals with broader and future-oriented skills.

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What's the first step in developing a training plan?

The first step in training is to identify gaps in employee knowledge or skills.

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What's crucial in designing training programs?

Setting specific and measurable goals for training programs to ensure they are effective.

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What is essential after training?

Evaluating the effectiveness of training programs after employees complete them.

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What is employee onboarding?

Acclimating new employees to the company and their job responsibilities.

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Study Notes

Chapter 10: Human Resource Management and Labor Relations

  • Human resource management (HRM) is a continuous cycle of activities, including HR planning, staffing, employee development, appraisal, and compensation/benefits
  • HRM is strategically significant; effective HRM directly affects organizational performance
  • HRM must adapt to external environmental changes
  • Learning objectives cover: defining HRM, its strategic significance, HR planning, legal context, staffing, compensation, employee development, workforce diversity, contingent workforce, and labor unions
  • HR planning involves job analysis, forecasting demand/supply, and replacement charts
  • Job analysis leads to job descriptions and specifications
  • Forecasting involves internal and external labor supply
  • Recruitment and selection processes include internal and external sourcing, application forms, tests, interviews, and other techniques
  • Compensation includes wages/salaries, and incentive programs (individual/companywide)
  • Benefits include health/disability insurance, paid time off, retirement plans, and various other employee benefits
  • Training and development includes assessing needs, common training methods, and performance appraisal
  • Workforce diversity, knowledge workers (requiring continuous training), and contingent workers are key contemporary issues
  • Contingent workers (part-time, contract, temporary) are growing in importance
  • Managing contingent workers requires planning, understanding advantages/disadvantages, and integrating them into the organization

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Description

This quiz covers Chapter 10 of Human Resource Management, focusing on the critical aspects of HR planning, staffing, employee development, and labor relations. Explore the strategic significance of HRM and how it adapts to external changes, ensuring organizational performance. Test your understanding of key concepts such as compensation, workforce diversity, and labor unions.

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