Exam 14: Evaluation of HR

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What is the perennial problem in measuring the impact of HRM practices?

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What costs did National Steel track over four years to determine the effectiveness of its safety programs?

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Direct costs are harder to measure than indirect costs.

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Identify and briefly describe the 5C Model of HRM Impact.

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Indirect costs are the hard costs that can be measured by expenditures.

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Which of the following is one of the four basic questions used in the balanced scorecard?

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Most organizations do undertake the evaluation of HRM effectiveness because the problems of measurement are difficult to resolve.

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HR professionals are resistant to measuring their work because they have limited knowledge of measurement models and limited skills of measurement ratios.

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Sarbanes-Oxley requirements force HR to provide information about executive compensation, pension plans, and employee benefits.

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There are three ways to reduce labour expenses by reducing the size of the labour force: technology, outsourcing, and mergers.

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Which of the following is NOT a type of mimicry that organizations use to adopt HR practices?

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The 5C Model of HRM Impact includes five areas for evaluating HRM: compliance, client satisfaction, culture management, cost control, and commitment.

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What are the three stages of a fad's lifecycle?

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Many HR departments were originally set up because of the need to comply with employment legislation and standards.

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If HRM is effective, it can cause numerous effects on employee behaviour. What is one such effect?

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The costs of turnover include termination, replacement, reduced customer satisfaction, and time for a new employee to become productive.

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Return on investment is a key financial ratio computed by an organization to determine its relative success in achieving its goals.

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Measuring and benchmarking HR activities will result in the fulfilment of management-by-objectives.

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An audit is a measurement method that assesses progress against plan.

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If an organization measures a decline in employee morale, approximately how long will it take to realize a drop in customer satisfaction?

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