AHS 405 Chapter 1

Question 1

Human resources management (HRM)

Answer 1

Includes formal human resource functions performed within the organization or external to it and more informal management of employers performed by all administrators.

Question 2

Strategic human resources management (SHRM)

Answer 2

The comprehensive set of managerial activities and tasks related to developing and maintaining a qualified workforce that contributes to organizational effectiveness, as defined by the organization’s strategic goals.

Question 3

Environmental assessment

Answer 3

A crucial element of SHRM in which an organization reviews the changes in the legal and regulatory climate, economic conditions, and labor market realities to understand current opportunities and threats.

Question 4

Purpose

Answer 4

An organization’s basic reason for existence.

Question 5

Mission

Answer 5

A statement created by an organization’s board and senior managers specifying how the organization intends to manage itself to most effectively fulfill its purpose.

Question 6

SWOT analysis

Answer 6

Analysis of the organization’s strengths, weaknesses, opportunities, and threats.

Question 7

Corporate strategy

Answer 7

A set of strategic alternatives from which an organization chooses as it manages its operations simultaneously across several industries and markets.

Question 8

Business strategy

Answer 8

A set of strategic alternatives from which an organization chooses to most effectively compete in a particular industry or market.

Question 9

Functional strategies

Answer 9

Strategies that consider how the organization will manage each of its major functions, such as marketing, finance, and human resources.

Question 10

Staffing strategies

Answer 10

A set of activities used by an organization to determine its future HR needs, recruit qualified applicants with an interest in the organization, and select the best of those applicants as new employees.

Question 11

Developmental strategies

Answer 11

Methods that facilitate the enhancement of an organization’s human resources’ quality. Must be consistent with corporate and business strategies.

Question 12

Compensation strategies

Answer 12

The set of rewards that organizations provide to staff in exchange for their performance of various organizational tasks and jobs.

Question 13

Workforce composition

Answer 13

The demographics of the workforce, including factors such as gender, age, ethnicity, marital status, and disability status.

Question 14

HR metrics

Answer 14

Measures of HR outcomes and performance.

Question 15

Branding

Answer 15

The organization’s corporate image or culture.