Human Resource Management Lecture 02 Quiz

To train employees to match their skills with organizational goals.

Performance Management System is a process of establishing performance standards and appraising employee performance.

Helps attract and retain high-performance employees and impacts the strategic performance of the firm.

<p>Base wage or salary, Wage and salary addons, Incentive payments, Skill-based pay, Variable pay.</p> Signup and view all the answers

<p>Career development refers to all activities which enhance technical or personal skills, resulting in a desired career.</p> Signup and view all the answers

<p>Strategic HRM is the interface between HRM and strategic management.</p> Signup and view all the answers

<p>Career is a sequence of separate but related activities that provides continuity, order, and meaning to one’s life.</p> Signup and view all the answers

<p>To arrive at objective HR decisions and provide documentation in support of those decisions.</p> Signup and view all the answers

<p>It impacts the strategic performance by helping attract and retain high-performance employees.</p> Signup and view all the answers

<p>An organization's human resources are critical as they contribute significantly to strategic decision-making.</p> Signup and view all the answers