HR Midterm Flashcards
What is the current U.S. unemployment rate?
~3.9%
December 2019 was 3.5%
How has U.S. union membership changed over the past 35 years?
Declined
Americans still hold positive views of unions.
What are some environmental challenges faced by HR?
- Rapid change
- Reliance on the internet
- Workforce diversity
- Globalization
- Legislation
- Skill shortages
- Evolving work & family roles
- Rise of the service sector
What are the 10 important organizational challenges today?
- Decentralization
- Downsizing
- Organizational restructuring
- Self-managed work teams
- Growth of small business
- Organizational culture
- Technology
- Internal & data security
- Outsourcing
- Product integrity
What are the 6 individual challenges relevant to specific employees?
- Matching people & organizations
- Ethics & social responsibility
- Productivity
- Empowerment
- Brain drain
- Job insecurity
What is the focus of an evolutionary business strategy?
Management of change
Encourages entrepreneurship and decentralization.
What characterizes a steady-state business strategy?
Choosy about growth, emphasizes efficiency and direct control
Avoids acquiring firms outside their industry.
What is overall cost leadership?
Gaining a competitive advantage through lower costs
Examples: Black & Decker, DuPont.
What is differentiation business strategy?
Attaining an advantage by creating a unique service or product
Examples: Mercedes-Benz, IBM.
What is the focus strategy?
Relies on low-cost and differentiation to serve a narrow target market
Examples: Geymboree, Porter Paint.
What are the characteristics of defenders in Miles & Snow’s Business Strategies?
- Conservative
- Prefer stable product/service areas
- Structured training programs
- Emphasis on job security
What defines prospectors in Miles & Snow’s Business Strategies?
- Emphasize growth & innovation
- Development of new products
- Flexible & decentralized structures
What are distinctive competencies?
Characteristics that give a firm a competitive edge
Example: use of compensation policy.
What do employees want from their managers? List at least 5 items.
- Honesty
- Fairness
- Trust
- Respect
- Dependability
What are the 6 components of corporate ethics programs?
- Formal ethics code
- Ethics committee
- Ethics communication system
- Ethics officer
- Ethics training programs
- Disciplinary process
What are the three models of ethical workplace culture?
- Compliant ethical workplace cultures
- Positive ethical workplace cultures
- Virtuous ethical workplace cultures
What is motivation?
That which energizes, directs, and sustains human behavior.
What is the Two Factor theory of motivation?
Identifies factors leading to job satisfaction and dissatisfaction
Motivators vs. Hygiene factors.
What does the work adjustment theory of motivation suggest?
Motivation levels depend on the fit between individual needs and job characteristics.
What is the goal-setting theory of motivation?
Clear and challenging goals motivate employees more than easy and ambiguous goals.
What are the core characteristics in job characteristic theory?
- Skill variety
- Task identity
- Task significance
- Autonomy
- Feedback
What is a defender strategy?
Used in stable markets with centralized management.
What is a prospector strategy?
Used in uncertain environments requiring flexibility.
What are the three types of organizational structures?
- Bureaucratic organization structure
- Flat organization structure
- Boundaryless organization structure