Exam 1 Flashcards
individuals who work for a company
employees
the practices that a company has put in place to manage employees
human resources practices (HR practices)
an individual who is responsible for supervising and directing the efforts of a group of employees to perform tasks that are directly related to the creation and deliver of a company’s products or services
line manager (manager)
a support function within companies that serves a vital role in designing and implementing company policies for managing employees
human resources department (HR department)
a company’s ability to create more economic value than its competitors
competitive advantage
primary HR activities
encompasses work design and workforce planning, managing employee competencies, and managing employee attitudes and behaviors
HR challenges
organizational demands, environmental influences, and regulatory issues
the knowledge, skills, abilities, and other talents that employees possess
competencies
the extent to which HR activities are designed to achieve the goals of an organization
alignment
the outcome of ensuring the specific practices within each HR activity are consistent with one another and aligned across the primary HR activities
internal alignment
the outcome of ensuring that the design of the three primary HR activities takes into account the HR challenges that companies face
external alignment
factors within a firm that affect decisions regarding how to manage employees
organizational demands
a company’s plan for achieving a competitive advantage over its rivals
strategy
the set of underlying values and beliefs that employees of a company share
organizational culture
pressures that exist outside of companies that managers must consider to strategically manage their employees
environmental influences
the blurring of country boundaries in business activities
globalization
sending work to other companies in other countries, or opening facilities in other countries to do the work, often at a substantially lower cost
offshoring
focuses on outperforming competing firms within an industry by maintaining the ability to offer the lowest costs for products or services
cost leadership strategy
emphasizes achieving competitive advantage over competing firms by providing something unique for which customers are willing to pay
differentiation strategy
the set of basic assumptions, values, and beliefs of a company’s members
organizational culture
the perceived obligations the employee believes they owe their company and that their company owes them
psychological contract
the balance between the demands of work and the demands of employees’ personal lives
work/life balance
perceptions of the fairness of what individuals receive from companies in return for their efforts
distributive justice
perceptions of whether the processes that are used to make decisions, allocate rewards, or resolve disputes, or that otherwise affect employees, are viewed as fair
procedural justice
how employees feel they are treated by their managers and supervisors in everyday interactions
interactional justice
actions an employee might take to correct a situation that he or she views as unfair
voice
a form of nonresponse and a willingness to live with the circumstances, even if they are viewed as unfair
silence
failure to completely fulfill one’s duties
neglect
departure from the company
exit