Chapter 2 -Business Acumen

Question 1

Business Acumen

Answer 1

Quickest way an organization decides to deal with a business situation to drive the best outcome

Question 2

What does business Acumen require?

Answer 2

• knowledge of the most profitable aspect of the business
• understanding of cash flow and the current market situation
• thorough understanding of the respective business niche

Question 3

HR communication

Answer 3

The way a business chooses to interact with its HR department

Question 4

5 ways to improve HR communication

Answer 4

1. effectively plan internal communication
2. Implement an all inclusive communication system
3. create an environment that encourages face to face communication
4. plan strategies while focusing on the companys culture
5. creating an effective plan to welcome new employees on board

Question 5

What is inclusive communication?

Answer 5

workforce info, documents, salaries, contracts, employee history, personal information

Question 6

Face to face communication

Answer 6

To replace email communication and develop trust in a company

Question 7

Onboarding strategy

Answer 7

help new employees become an asset to the company