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

Previously considered a support function, ______________ is now becoming a strategic partner in helping a company achieve its goals.

Examples of direct pay include which of the following?

What are the two main theories of how to reward employees?

A company's __________________ asset is the collective sum of the attributes, life experience, knowledge, inventiveness, energy, and enthusiasm that its people choose to invest in their work.

The doctrine of American law that defines an employment relationship in which either party can break the relationship with no liability is called ________________.

How does Dow Chemical exemplify best practices for succession planning?

In addition to interviews, many employers use _________ to select and place job applicants.

The organization's _________________ is the set of skills that employees acquired on the job, through training and experience.

The average job tenure has dropped from 15 years to:

What is the hybrid pay system which would reward both individual and team performance, promoting excellence at both levels?

The principles of strategic human resource management and high performance work systems apply to nonprofit enterprises just as they do for-profit ones.

The key to a successful "make" decision is to:

The acronym for strategic human resource management is ___________.

What is the "war for talent"?

What is involved in the selection and placement process?

Techniques that were developed to achieve productivity breakthroughs in manufacturing can be applied to talent management.

What are some examples of the many HR administrative tasks being done online?

McKinsey & Company found that there is no relationship between a firm's financial performance and its global talent management practices.

What is HPWS?

Implementing the HR scorecard requires a change in perspective, from seeing people as an asset to seeing people as the company's cost.