MGMT Final Ch. 9

Question 1

HR management process

Answer 1

Involves planning for, attracting, developing, and retaining employees

Question 2

Person-job fit and person-organization fit

Answer 2

Foundational concepts that underlies the linkages between human resource processes and systems and firm performance (how well employees suit their jobs and the broader organization)

Question 3

Job Analysis

Answer 3

The process of determining what the position entails (job description) and the qualifications needed (job specifications) to staff the position.

Question 4

Recruiting

Answer 4

Internal recruiting/mobility, outside organizations, agencies, employee referrals, walk-ins, advertising/internet

Question 5

Selection Process

Answer 5

Application form, screening interviews, testing, background/reference checks, drug testing, interviewing, hiring

Question 6

How to develop employees

Answer 6

Investing in employees
Orientation and onboarding
Training and development
Performance appraisals

Question 7

Turnover Rate

Answer 7

Percentage of employees in a workforce who separate during a certain period of time

Question 8

Reasons for termination

Answer 8

Attrition (die/leave for other jobs/retire/stop working)

Firings (violating rules/poor performance)

Layoffs (retrenchment strategy/poor economic conditions/organizational problems)

Question 9

Ways to retain employees

Answer 9

Compensation, health/safety, labor relations, motivate, healthy company culture

Question 10

The benefits most important to employees - current trends

Answer 10

Health insurance, retirement plans, work-life balance, flexible scheduling