THe Role of Human Resource Management in Business Flashcards
HRM Metrics
The measurement of those HRM activities that contribute to business strategy execution and the organizations financial performance (absence rate, cost per hire, job offer acceptance rate, etc..
Fairness
This ethical action treats all people equally, or at least fairly, based on some defensible standard
organizational culture
the norms values and assumptions of organizational members that guide members attitudes and behaviors
performance culture
focuses on hiring, retaining developing motivating and making work assignments based on performance data and results
entrepreneurial culture
the type of culture that emphasizes creativity innovation and risk taking
High-performance work systems (HPWS)
high involvement or high commitment organizations
utilitarian standard
This ethical action that best balances good over harm
5 types of ethical standards are
utlilarian
rights
fairness
common good
virtue
Corporate social responsibility
Businesses showing concern for the common good and valuing human dignity
code of ethics
a decision making guide that describes the highest values to which an organization aspires
rights
this ethical action is the one that best respects and protects the moral rights of everyone affected by the action, including the right to privacy to be told the truth or to be safe
fairness
this ethical action treats all people equally, or at least fairly based on some defensible standard