Human Resources Management Quiz
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Questions and Answers

What is human capital?

Knowledge, skills, and capabilities of individuals that have economic value to an organization

Why is human resources management important?

Managers play a key role in selecting, training, motivating, appraising, and promoting employees.

How should organizations manage human capital?

Organizations should utilize employee knowledge and invest in their development.

What is the overall framework of Human Resource Management?

<p>The process of managing human talent to achieve an organization’s objectives.</p> Signup and view all the answers

What are the key characteristics of a successful change in an organization?

<p>Links it to the business strategy, Shows how it creates quantifiable benefits, Engages key employees, customers, and suppliers early, Makes an investment to implement and sustain it</p> Signup and view all the answers

What are the two types of strategic changes mentioned in the text?

<p>Proactive or reactive</p> Signup and view all the answers

What are the reasons why companies are integrating world economies and markets?

<p>To look for opportunities abroad, To fend off foreign competitors domestically, To search for the right employees</p> Signup and view all the answers

What are some activities that companies of all sizes are engaging in?

<p>Partnerships, mergers, and acquisitions</p> Signup and view all the answers

Define corporate social responsibility.

<p>Responsibility of the firm to act in the best interests of the people and communities affected by its activities</p> Signup and view all the answers

What is sustainability and why is it important for companies?

<p>Ability to produce a good or service without damaging the environment or depleting a resource. Companies are making strides to reduce their carbon footprints.</p> Signup and view all the answers

What is collaborative software and how does it benefit organizations?

<p>Allows workers to interface and share information with one another electronically.</p> Signup and view all the answers

Who are knowledge workers and what distinguishes them from other types of workers?

<p>Workers whose responsibilities extend beyond the physical execution of work to include planning, decision-making, and problem-solving.</p> Signup and view all the answers

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