SPHR Final Flashcards

1
Q

ERM

A

Enterprise Risk Management

Process of forecasting possible risks to an organization and taking steps to mitigate their impact on operations

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2
Q

3 Grand Strategies

A

Michael Porter
Cost Leadership
Differentiation
Focus

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3
Q

The Balanced Scorecard

A

Financial Perspective
Customer Perspective
Learning & Growth Perspective
Internal Business Process Perspective

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4
Q

EVP

A

Employer Value Proposition

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5
Q

Career Lifecycle

A

Exploration
Establishment
Maintenance - stagnate/plateau (lose interest, shpadoinkle)
Disengagament

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6
Q

EPLI

A

Employment practices liability insurance

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7
Q

ADDIE

A
Analysis
Design - audience, objectives, content
Development
Implementation
Evaluation
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8
Q

Interval Data

A

the difference between each degree on the Fahrenheit scale is equal and meaningful, zero degrees Fahrenheit is an arbitrary rather than natural value, and it does not signify the absence of heat

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