Module 1 Flashcards
Human Resource Information Systems (HRIS)
Systematic tool for gathering, storing, maintaining, retrieving and revising HR data
Human Resource Management
Design of formal systems in an organization that ensure the effective and efficient use of human capital to accomplish organizational goals.
Enterprise Management Tool
Enables timely access to shared data throughout the organization
Extended Organization
Alliance between organizations to create processes and information channels that allow communication and collaboration.
Mergers and Acquistions
Combination of two separate firms either by their joining together as relative equals (merger) or by one acquiring the other (acquisition)
Due Diligence
An intensive investigation of all factors surrounding a business decision to ensure that all risks are understood.
Four Phases of the M&A Process
- Preparation
- Due diligence
- Planning integration of the business entities
- Implementation, monitoring and measurement
Divestiture
Sale by a company of an asset that is not performing well, that is not core to the company’s business, or that is worth more as a separate entity.
The administrative role of HR deals with…
compliance issues and record keeping
The operational role of HR involves…
the day to day tasks necessary to run an organization.
Supply Chain
Network that delivers products and services from raw materials to end customers through an engineered flow of information, physical distribution, and cash.
Which of the following activities illustrates the administrative role assumed by an HR professional?
a. Filing out EEO reportsj
b. Implementing the grievance process for an employee threatened with termination
c. Evaluating the bottom-line contribution of HR programs
d. Conducting an interviewing seminar for line managers
Filling out EEO reports
Which of the following activities illustrates the operations role played by an HR professional?
a. Ensuring currency of employee records
b. Conducting recruitment for new job openings
c. Forming contacts with key individuals outside the organization
d. Developing criteria for selecting supply chain partners
Conducting recruitment for new job openings
Which of the following examples illustrates the strategic role played by HR today?
a. Securing off-site backup and storage of employee transactions and records
b. Developing a system to track the number of people leaving the organization
c. Creating a training program for conducting safe and legal termination
d. Working with senior and line managers to forecast workforce needs for the next five years
Working with senior and line managers to forecast workforce needs for the next five years
Which of the following best illustrates the way in which HR’s strategic role has transfomed its operations role?
a. Upgrading an HRIS system
b. Establishing relationships with key decision makers throughout the organization
c. Taking a more active role in responding to employee complaints
d. Analyzing job descriptions for changes to required skills that will affect recruitment and selection decisions
Analyzing job descriptions for changes to required skills that will affect recruitment and selection decisions
