HRM Flashcards
memory
1
Q
- The trend to opening up foreign markets to international trade and investment
A
Globalization
2
Q
- a systematic way of bringing about and managing both organizational changes and changes on the individual level
A
Change Management
3
Q
- The knowledge, skills, and capabilities of individuals that have economic value to an organization
A
Human Capital
4
Q
- A computerized system that provides current and accurate data for purposes of control and decision making
A
HRIS
5
Q
- The process of managing human talent to achieve an organization’s objectives
A
HRM
6
Q
- Non-HR managers who are responsible for overseeing the work of other employees
A
Line Managers
7
Q
- The responsibility of the firm to act in the best interests of the people and communities affected by its activities
A
Corporate Social Responsibility
8
Q
- Contracting out work that was formerly done by employees
A
Outsourcing
9
Q
- The process of gathering and analyzing data to improve a firm’s human resources management
A
Workforce (HR) Analytics
10
Q
- A natural departure of employees from organizations through quits, retirements, and deaths
A
Attrition
11
Q
- Systematic monitoring of the major external forces influencing the organization
A
Environmental Scanning
12
Q
- A practice whereby new workers are not hired as planned or workers who have left the organization are not replaced
A
Hiring Freeze
13
Q
- The process of anticipating and providing for the movement of people into, within, and out of an organization
A
HRP (Human Resources Planning)
14
Q
- A method for tracking the pattern of employee movements through various jobs
A
Markov Analysis
15
Q
- Key people and groups that have an interest in a firm’s activities and that can either affect them or be affected by them
A
Stakeholders
