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hrm1
| Question | Answer |
|---|---|
| HRM | Policies, practices and systems that influence employees' behavior, attitudes, and performance |
| Strategic management | A process, an approach to addressing the competitive challenges an org faces |
| SHRM (Strategic human resource management) | The pattern of planned human resource deployments and activities intended to enable an org to achieve its goals |
| Strategy formulation | the process of deciding on a strategic direction by defining a company's mission and goals, its external opps and threats, and its internal strengths/weaknesses |
| Strategy implementation | The process of devising structures and allocating resources to enact the strategy a company has chosen |
| Job Description | A list of the tasks, duties, and responsibilities that a job entails |
| Job Specification | A list of the knowledge, skills, abilities and other characteristics (KSAOs) that a person must have to perform the job |
| BFOQ (Bona Fide Occupational Qualification) | A job qualification based on race, sex, religion, etc that an employer asserts is a necessary qualification for the job |
| Job relatedness | If a selection procedure is challenged, the burden is on the employer to prove that the criteria used for selection are job‑related in that they measure skills, abilities, and qualities necessary for the job. |
| Disparate impact | A theory of discrimination based on facially neutral employment practices that disproportionately exclude a protected group from employment opportunities |
| Disparate treatment | A theory of discrimination based on different treatments given to individuals bc of their race, color, religion, sex, national origin, age or disability status |
| Market-to-Book Ratio | Market-to-Book Ratio, is the ratio of the current share price to the book value per share. It measures how much a company worths at present, in comparison with the amount of capital invested by current and past shareholders into it. |
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24707005