Exam 15: Understanding the Roles of Finance and Accounting in Global Competitive Advantage

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Examples of indirect compensation include which of the following?

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Why do profit-sharing plans improve organization performance?

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The reasons why profit-sharing plans would improve organization performance link to employee motivation theory A profit-sharing plan will likely encourage employees to monitor each other's behavior becaus e a "loafer" would erode the rewards for everyone Moreover, profit-sharing should lead to greater information sharing, which increases the productivity and flexibility of the firm

What are some indications to use to determine whether an expatriate or a local hire would be best in an overseas employment decision?

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Managers may want to choose an expatriate when company-specific technology or knowledge is important confidentiality in the staff position is an issue there is a need for speed work rules regarding local workers are restrictive the corporate strategy is focused on global integration

The effectiveness of a gainsharing plan depends on employees seeing a relationship between what they do and how much money they make.

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What is e-HRM?

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Many HR managers are more effective in the strategic aspects of HR than in the technical or operational aspects.

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One way to help employees connect with the people and things that will help them achieve their professional goals is to:

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What is the principle of "make or buy"?

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The more diverse the group in terms of expertise, gender, age, and background, the more ability the group has to avoid the problems of _______________.

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What are the five levels of succession planning?

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_____________ an employee means hiring a person who doesn't yet have all the needed skills to fulfill the role, but who can be trained.

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A set of management practices that attempt to create an environment within an organization where the employee has greater involvement and responsibility is:

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To avoid being outsourced, HR needs to stay relevant and accept ___________ for its business results.

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All of the elements of HR need to be aligned with the company's ___________ so that the right employees are hired for the right jobs and rewarded properly for their contributions.

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Employees design performance targets for themselves.

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Give three suggestions for writing an effective job description.

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Examples of non-monetary pay include which of the following?

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When designing systems to measure performance, realize that performance appraisals need to focus on ______________ measures.

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Strategic Human Resource Management (SHRM) is an integral part of the ____________ portion of the POLC framework.

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The most successful organizations manage HR as a ___________ asset and measure HR performance in terms of its strategic impact.

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