Human Resource Management at Northern Alberta Institute Of Technology | Flashcards & Summaries

Lernmaterialien für Human Resource Management an der Northern Alberta Institute of Technology

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Describe the HRM concept of Person-job fit.

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Whether an individual's charcteristics, experience, skills and knowledge are consistent with the work they are performing.
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What are the three steps in the Human Resource Management Process?
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1. Attracting a quality workforce.
- HR planning, recruitment and selection
2. Developing a quality workforce.
- orientation, training, and performance management
3. Maintaining a quality workforce.
- talent retention, compensation, work-life balance, turnover
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Multidomestic strategy
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Strategy that customizes products and advertising to best fit local needs
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Operating Objectives 
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Specific results that organizations try to accomplish
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Bankruptcy and Insolvency Act
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Canadian law that protects a firm from creditors while management reorganizes to restore insolvency
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Business-Level Strategy
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A strategy that identifies how a division or strategic business unit will compete in its product or service domain
Mid-level.
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Corporate Strategy
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A strategy that sets a long-term direction for the total enterprise.
Top level.
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What are employee value propositions?
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Packages of opportunities and rewards that make people want to belong to the prganization; aligns people with organizational strategies and objectives.
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Strategy Formulation
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Creating strategies.
The process of crafting strategies to guide the allocation of resources
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What is Strategic human resource management?
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The mobilization of human capital to implement organizational strategies.
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Vertical Integration
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Growth strategy to expand by acquiring upstream suppliers or downstream distributors
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Differentiation strategy
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Strategy that offers products that are different from the competition
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Q:

Describe the HRM concept of Person-job fit.

A:
Whether an individual's charcteristics, experience, skills and knowledge are consistent with the work they are performing.
Q:
What are the three steps in the Human Resource Management Process?
A:
1. Attracting a quality workforce.
- HR planning, recruitment and selection
2. Developing a quality workforce.
- orientation, training, and performance management
3. Maintaining a quality workforce.
- talent retention, compensation, work-life balance, turnover
Q:
Multidomestic strategy
A:
Strategy that customizes products and advertising to best fit local needs
Q:
Operating Objectives 
A:
Specific results that organizations try to accomplish
Q:
Bankruptcy and Insolvency Act
A:
Canadian law that protects a firm from creditors while management reorganizes to restore insolvency
Mehr Karteikarten anzeigen
Q:
Business-Level Strategy
A:
A strategy that identifies how a division or strategic business unit will compete in its product or service domain
Mid-level.
Q:
Corporate Strategy
A:
A strategy that sets a long-term direction for the total enterprise.
Top level.
Q:
What are employee value propositions?
A:
Packages of opportunities and rewards that make people want to belong to the prganization; aligns people with organizational strategies and objectives.
Q:
Strategy Formulation
A:
Creating strategies.
The process of crafting strategies to guide the allocation of resources
Q:
What is Strategic human resource management?
A:
The mobilization of human capital to implement organizational strategies.
Q:
Vertical Integration
A:
Growth strategy to expand by acquiring upstream suppliers or downstream distributors
Q:
Differentiation strategy
A:
Strategy that offers products that are different from the competition
Human Resource Management

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