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Flashcards by Jane Fricker, updated more than 1 year ago
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| Question | Answer |
| What is Human Resource Management(HRM) | The management of people in organizations |
| What did phase 2 of the Human Resource Movement entail | Personnel managers became involved in dealing with the impact of the HRM. Orientation, performance appraisal, and employee relations were added to their job. |
| What is Human Capital | The knowledge, education, training, skills, and expertise of an organization's workforce |
| What did phase 1 of the Human Resource Movement entail | HRM was responsible for: hiring and firing, payroll, and administrated benefits. |
| What did phase 4 of the Human Resource Movement entail | HM activities have become ubiquitous, where all management has some responsibility toward their employees |
| What did phase 3 of the Human Resourse Movement entail | Was a direct result of government legislation. A lot of the responsibilities became outsoursed |
| What are economic conditions | They affect the supply and demand of products and services, which also influences employment rates and benefits. |
| What are key characteristics of a Traditionalists in the workforce | They tend to be quiet, loyal, and self-sacrificing. |
| What are key characteristics of Baby Boomers in the workforce | Tend to be career-focused, competitive, and driven |
| What is Empowerment? | Providing workers with the skills and authority to make decisions that would traditionally be made my managers. |
| What are the key characteristics of Generation Y in the workforce | Tend to be tech-savvy, diverse, and eager to make a contribution, but also impatient and action oriented. |
| What are the key characteristics of Generation X in the workforce | They tend do be independent and believe success comes from the ability to have transferable skills rather than loyalty. |
| What is globalization | The emergence of a single global market for my product and service. |
| What is Organizational culture? | Core values, beliefs, and assumptions that are widely shared by members of an organization. |
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