Chapter 1 Flashcards
The design of formal systems in an organization to manage human talent for accomplishing organizational goals.
Human Resource (HR) management
The collective value of the capabilities, knowledge, skills, life experiences, and motivation of an organizational workforce.
Human capital
A unique capability that creates high value at which an organization excels.
Core competency
Measure of the quantity and quality of work done, considering the cost of the resources used.
Productivity
Computed by dividing the average cost of workers by their average levels of output.
Unit labor cost
Consists of the shared values and beliefs that give members of an organization meaning and provide them with rules for behavior.
Organizational culture
A citizen of one country who is working in a second country and employed by an organization headquartered in the first country.
Expatriate
A citizen of one country who is working in that country and employed by an organization headquartered in a second country.
Host-country national
A citizen of one country who is working in a second country and employed by an organization headquartered in a third country.
Third-country national
A person who has responsibility for performing a variety of HR activities.
HR generalist
A person who has indepth knowledge and expertise in a limited area of HR.
HR specialist
