Chapter 1 Flashcards

1
Q

Work Force Analytic’s

A

The practice of using data from HR databases and other data sources to make evidence-based human resource decisions.

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2
Q

Talent Management

A

a systematic planned strategic effort by a company to attract, retain, develop, and motivate highly skilled employees and managers.

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3
Q

Sustainability

A

a company’s ability to meet its needs without sacrificing the ability of future generations to meet their needs.

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4
Q

Shared Service Model

A

a way to organize the HR function that includes centers of expertise or excellence, service centers, and business partners.

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5
Q

Human Resource Management

A

refers to the policies, practices, and systems that influence employees’ behavior, attitudes, and performance.

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6
Q

Evidence-Based HR

A

demonstrating that HR practices have a positive influence on the company’s bottom line or key stakeholders.

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7
Q

Knowledge Workers

A

employees who own the intellectual means of producing a product or service.

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8
Q

Intangible Assets

A

a type of company asset including human capital, customer capital, social capital, and intellectual capital.

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9
Q

Competitiveness

A

refers to a company’s ability to maintain and gain market share in its industry.

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10
Q

Employee Engagement

A

the degree to which employees are fully involved in their work and the strength of their job and company commitment.

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11
Q

Self-Service

A

giving employees online access to HR information.

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12
Q

Change

A

the adoption of a new idea or behavior by a company.

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13
Q

Outsourcing

A

the practice of having another company provide services.

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14
Q

Empowering

A

giving employees responsibility and authority to make decisions.

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15
Q

Stakeholders

A

the various interest groups who have relationships with, and whose interests are tied to the organization.

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16
Q

Learning Organization

A

a culture of lifelong learning in which employees are continually trying to learn new things.

17
Q

Alternative Work Arrangements

A

Independent contractors, on-call workers, temporary workers, and contract company workers who are not employed full-time by the company

18
Q

Balanced Scorecard

A

A means of performance measurement that gives managers a chance to look at their company from the perspectives of internal and external customers, employees, and shareholders.

19
Q

Cloud Computing

A

A computing system that provides information technology infrastructure over a network in a self-service, modifiable, and on-demand model

20
Q

Ethics

A

The fundamental principles of right and wrong by which employees and companies interact

21
Q

External Labor Market

A

Persons outside the firm who are actively seeking employment

22
Q

High-Performance Work Systems

A

Work Systems that maximize the fit between the company’s social system and technical system

23
Q

HR Dashboard

A

HR metrics such as productivity and absenteeism that are accessible by employees and managers through the company intranet or human resource information system.

24
Q

Human Resource Information Systems-HRIS

A

A system used to acquire, store, manipulate, analyze, retrieve, and distribute HR information

25
Q

Internal Labor Force

A

Labor force of current employees

26
Q

Lean Thinking

A

A process used to determine how to use less effort, time, equipment, and space but still meet customers’ requirements

27
Q

Offshoring

A

Exporting jobs from developed to less developed countries.

28
Q

Reshoring

A

Moving jobs from over-seas to the US

29
Q

Six Sigma Process

A

System of measuring, analyzing, improving, and controlling processes once they meet quality standards.

30
Q

Social Networking

A

Websites and blogs that facilitate interactions between people

31
Q

Total Quality Management-TQM

A

A cooperative form of doing business that relies on the talents and capabilities of both labor and management to continually improve quality and productivity.

32
Q

Virtual Teams

A

Teams that are separated by time, geographic distance, culture, and/or organizational boundaries and rely exclusively on technology for interaction between team members.