Intro to Business chapter 9 – Flashcards

Unlock all answers in this set

Unlock answers
question
All the activities involved in acquiring, maintaining, and developing an organizations human resources
answer
Human resources management (HRM)
question
The development of strategies to meet a firms future human resources needs
answer
Human resources planning
question
Increasing employee job satisfaction through satisfaction surveys, employee communication programs, exit interviews, and fair treatment
answer
Employee relations
question
Teaching employees new skills and new jobs, and more effective ways to performing their present jobs
answer
Training and development
question
A list of key personnel and their possible replacements within a firm
answer
Replacement chart
question
A computerized databank containing information on the skills and experience of all present employees
answer
Skills inventory
question
Dismissed from the workforce until they are needed again
answer
Laid off
question
The normal reduction in the workforce that occurs when employees leave a firm
answer
Attrition
question
Differences among people in the workforce owing to race, ethnicity and gender
answer
Cultural (workplace) diversity
question
The acquisitions phase of HRM include all but which of the following activities; A. Training B. Selection C. Orientation D. Job analysis
answer
A
question
All of the following factors are important to managing employee turnover except: A. Performing job analysis B. Providing Hans-on employee-support C. Forecasting turnover D. Hiring the right employee from the beginning
answer
A
question
When a firm promotes a qualified woman, but fails to compensate her at the same rate as a man in the same position, the firm may be guilty of violating the concept of A. A fair wage structure B. Compensation C. A flexible benefit plan D. Comparable worth E. A lump-some salary plan
answer
D
question
Angie expects to receive at least the minimum federal wage rate and overtime pay when she works more than 40 hours a week as a clerk at the local video store. Angie knows that she has the_____, passed in the______, to thank for both of these. A. Worker adjustment and retraining notification act; 1980s B. National Labor relations act; 1930s C. Equal pay act; 1960 D. Equal pay act; 1930s E. Fair labor standards act; 1930s
answer
E
question
Developing a training program involves all of the following except A. Supervising workers B. Determining training methods C. Conducting an analysis of needs D. Creating an evaluation system E. Selecting development methods
answer
A
question
The development phase of human resources management (HRM) involves A. Recruiting B. Staffing C. Employee relations D. Training and development E. Compensation
answer
D
question
One responsibility of human resources manager is to fill organizational positions with qualified people. To do this successfully, what must a manager do first to determine the qualifications needed for the position? A. Set up job orientations B. Conduct job analyses C. Determine compensation and benefits D. Prepare a skills inventory E. Develop performance appraisal standards
answer
B
question
Jones, LTD., Is dissatisfied with it's across-the-board salary increases and is searching for a program that provides more individual rewards, benefits, and incentives. The company is committed to controlling labor costs while, simultaneously, encouraging and motivating employees to perform at a high-level. The HR manager at Jones has suggested a_____program. A. Benefits B. Lump-sum salary C. Remuneration D. Merit pay D. Profit-sharing
answer
D
question
A systematic procedure for studying jobs to determine their various elements and requirements
answer
Job analysis
question
A list of the elements that make up a particular job
answer
Job description
question
A list of the qualifications required to perform a particular job
answer
Job specification
question
The process of attracting qualify job applicants
answer
Recruiting
question
The attempt to attract job applicants from outside and organization
answer
External recruiting
question
Considering present employees as applicants for available positions
answer
Internal recruiting
question
The process of gathering information about applicants for a position and then using that information to choose the most appropriate applicant
answer
Selection
question
The process of acquainting new employees with an organization
answer
Orientation
question
A replacement chart is a list of all personnel in a company and a potential replacement from outside the company. A. True B. False
answer
B
question
Monster.com is the largest online job-search site on the Internet. A. True B. False
answer
A
question
The disadvantage of external recruiting is the bringing of new perspectives into the organization. A. True B. False
answer
B
question
Success in the selection process means hiring the most qualified person. A. True B. False
answer
B
question
All interviewers consider the list of references of a potential employee to be a great value. A. True B. False
answer
B
question
A lump-sum salary increase gives retiring employees an opportunity to take one sum at retirement age A. True B. False
answer
B
question
Employers holding federal contracts in excess of $50,000 and that have 50 or more employees must abide by affirmative action laws. A. True B. False
answer
A
question
A retirement plan is required to be fully funded by the employer A. True B. False
answer
B
question
HRM consists of: A. Hiring and training suppliers within an organization B. All the activities involved in acquiring, maintaining, and developing the human resources in an organization C. All the activities involved in acquiring, maintaining, and developing the materials in an organization D. Acquiring and maintaining the material resources in an organization E. Acquiring and divesting a company of the financial resources in that organization
answer
B
question
Compensation issues are a part of the_______phase of HRM A. Maintaining B. Employee relations C. Orientation D. Training A. Selection
answer
A
question
A systematic procedure for studying jobs is known as A. Job description B. Job specification C. A replacement chart D. Job analysis A. Skills inventory
answer
D
question
Women make up approximately______of the US workforce A. 34 B. 54 C. 40 D. 39 E. 47
answer
E
question
A structured interview involves A. Asking only a prepared set of job-related question B. Interviewing all candidates within the same short time span C. Asking all interviewees in maximum of three prepared questions D. Interviewing all candidates in the same location E. Asking all interviewees random questions
answer
A
question
Which of the following would least likely be considered part of an employee reward system? A. Rewards that are comparable to other firms B. Rewards that are distributed with recognition that different people have different needs C. Rewards that enable employees to move up in the Company D. Rewards that are distributed fairly E. Rewards that enable employees to satisfy needs
answer
C
question
What is the primary idea behind profit-sharing A. To create a team-based environment B. To effectively train employees C. To motivate employees D. To create a collaborative work environment E. To recruit creative employees
answer
C
question
Which of the following employee benefits is required by law? A. Tuition-reimbursement B. Exercise rooms C. Workers compensation insurance D. Company cafeterias E. Childcare services
answer
C
question
The payment employees receive in return for their labor
answer
Compensation
question
The policies and strategies that determine employee compensation
answer
Compensation system
question
A collection of data on prevailing wage rates within an industry or a geographic area
answer
Wage survey
question
The process of determining the relative worth of the various jobs within a firm
answer
Job evaluation
question
A concept that seeks equal compensation for jobs requiring about the same level of education, training, and skills
answer
Comparable worth
question
A specific amount of money paid for each hour of work
answer
Hourly wage
question
A specific amount of money paid for an employees work during a set calendar, Regardless of the actual number of hours worked
answer
Salary
question
A payment that is a percentage of sales revenue
answer
Commission
question
A payment in addition to wages, salary, or commissions
answer
Incentive payment
question
An entire pay raise taken in one lump sum
answer
Lump-sum salary increases
question
The distribution of a percentage of a firms profit among its employees
answer
Profit-sharing
question
A reward in addition to regular compensation that is provided indirectly to employees
answer
Employee benefit
question
Compensation plan whereby an employee receives a predetermined amount of benefit dollars to spend on a package of benefits he or she has selected to meet individual needs
answer
Flexible benefit plan
question
The process of teaching operations and technical employees how to do their present jobs more effectively and efficiently
answer
Employee training
question
The process of preparing managers and other professionals to assume increased responsibility in both present and future positions
answer
Management development
question
The evaluation of employees' current and potential levels of performance to allow managers to make objective human resources decisions
answer
Performance appraisal
question
Although cultural diversity presents a challenge, managers should view it as an opportunity rather than a limitation A. True B. False
answer
A
question
The three important phases of HRM include A. Hiring, training and firing B. Recruiting, selection in orientation C. Buying, inventorying, and selling D. Acquiring, maintaining and developing E. Orientation, relations, and appraisal
answer
D
question
______Is considered the basis for recruiting in selecting new employees A. A skills inventory B. A replacement chard C. Job specification D. Job analysis D. Job description
answer
D
question
When undersupply is expected to be temporary in a company, some employees may be laid off. A. True B. False
answer
B
question
It is standard that salaried employees do not receive overtime pay A. True B. False
answer
A
question
Which of the following is least likely to provide HRM with information for human resource planning? A. Orientation programs B. An organizations strategic plan C. Past staffing levels D. Evolving technologies E. Projected economic trends
answer
A
question
Which of the following is not an HRM activity? A. Job analysis B. Selection C. Enrolling D. Orientation E. Recruiting
answer
C
question
What is a skills inventory? A. A database of skills of all potential employees that have applied for a new position in the company B. A database of skills and experience of all retiring employees C. A database of skills needed by the company D. A database of skills and experience of all top management E. A database of skills and experience of present employees
answer
E
question
Which of the following is not a way to reduce your work force? A. Orientation B. Attrition C. Early retirement D. Laid off E. Fired
answer
A
question
What is a primary disadvantage of internal recruiting in an organization? A. It is a long and costly process B. It is expensive C. It deflates employee motivation D. It leaves another position to be filled A. The recruiting and selection costs are high
answer
D
question
A resume is typically a minimum of three pages A. True B. False
answer
B
question
The concept of equal compensation for jobs that require about the same level of education, training, and skills is known as A. Skills inventory B. Comparable worth C. A compensation system D. Job specification E. Profit-sharing
answer
B
question
It wage structure is usually developed on the basis of job analysis A. True B. False
answer
B
question
Recruiters may seek job applicants from inside the firm, outside the firm, or both A. True B. False
answer
A
question
Performance appraisals can be considered a part of the development phase of HRM A. True B. False
answer
A
question
A job analysis is a list of elements that make up a particular job A. True B. False
answer
B
question
_____Is a way of rewarding outstanding individual employees A. A lump-sum salary increase B. Merit pay C. Gain sharing D. Profit-sharing E. A pension program
answer
B
question
Which of the following is not a main objective of a performance appraisal? A. Provides an effective basis for distributing rewards B. Informs and organizations of its success in the employee training process C. Apprises workers of how they are doing in their jobs D. Helps the organization monitor it's employee selection process E. Informs and organization of its profit potential in regard to each employee
answer
E
question
Employee compensation may account for up to 80% of the firms operating costs A. True B. False
answer
B
question
Legislation in regard to minimum wages and overtime pay rates were established in the 1950s A. True B. False
answer
B
question
Established a collective-bargaining process in labor-management relations and the National Labor Relations Board
answer
National Labor relations act, 1935
question
Established a minimum wage and overtime pay rate for employees working more than 40 hours per week
answer
Fair labor standards act, 1938
question
Provides a balance between Union power in management power, also known as the Taft-Hartley act
answer
Labor-management relations act, 1947
question
Specifies that men and women who do equal jobs must be paid the same wage
answer
Equal pay act, 1963
question
Prohibits discrimination in employment practices based on sex, race, color, religion, or national origin
answer
Title VII of the civil rights act, 1964
question
Prohibits personal practices that discriminate against people aged 40 years and older. The 1986 amendment eliminated a mandatory retirement age
answer
Age discrimination in employment act, 1967 - 1986
question
Regulates the degree to which employees can be exposed to hazardous substances and specifies the safety equipment that the employer must provide
answer
Occupation safety and health act, 1970
question
Regulates company retirement programs and provides a federal insurance program for retirement plans that go bankrupt
answer
Employment retirement income security act, 1974
question
Requires employers to give employees 60 days notice regarding plant closure or layoff of 50 or more employees
answer
Worker adjustment and retraining notification act, 1988
question
Prohibits discrimination against qualified individuals with disabilities in all employment practices, including job-application procedures, hiring, firing, advancement, compensation, training, and other terms, conditions, and privileges of employment
answer
Americans with disabilities act, 1990
question
Empowers employees to sue employers for sexual discrimination and collect punitive damages
answer
Civil rights act, 1991
question
Requires an organization with 50 or more employees to provide up to 12 weeks of leave without pay on the birth (or adoption) of an employee's child or if employee or his or her spouse, child, or parent is seriously ill
answer
Family and medical leave act, 1993
Get an explanation on any task
Get unstuck with the help of our AI assistant in seconds
New