Week 4 Mid Term

Human Resource Management (Available Titles Coursemate)

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Week 4 Mid Term Grade Details 1. Question: 1. The value of human capital is intangible and its contribution to the organization is not measurable, even though it is of critical importance to the organization’s success. Your Answer: True False CORRECT Points Received: 2 of 2 Comments: 2. Question: Which of the following statements is TRUE? Your Answer: Because of the higher quality of Western European education, the return on human capital for European firms is higher than the return on human capital for U.S. firms. Companies that spend more than 60% of total operating costs on employee costs have poor returns on investment in their human capital. U.S. firms spend nearly twice as much as European firms on employee salaries and benefits, but U.S. firms experience higher levels of return on investment for their human capital. CORRECT Human capital is the collective value of capabilities, knowledge, skills, life experiences, and motivation of an organizational workforce. Being intangible, it is difficult to measure the effect of human capital on shareholder value. Points Received: 2 of 2 Comments: 3. Question: The collective value of the capabilities, knowledge, skills, life experiences, and motivation of an organized workforce is called: Your Answer: The organization’s talent inventory Total human resources Human capital CORRECT The organization’s intellectual assets Points Received: 2 of 2 Comments: 4. Question: Which of the following is NOT a major reason why businesses use contingent workers? Your Answer: To potentially avoid legal liability for workers To stabilize the core workforce To reduce compensation and benefit costs To accommodate employee desire for flexible work schedules CORRECT Points Received: 2 of 2 Comments: 5. Question: It is critical that HR executives be included immediately after top management has made strategic decisions. Your Answer: True False CORRECT Points Received: 2 of 2 Comments: 6. Question: Efficiency compares inputs and costs to outputs and benefits. Your Answer: True CORRECT False Points Received: 2 of 2 Comments: 7. Question: Global employers who manufacture products in countries with extremely low wages and substandard working conditions counter the accusation that they are “sweatshop employers” by arguing: Your Answer: Wages and working conditions were poor in the U.S. during the Industrial Revolution and this is a
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phase of development that all economies must eventually go through in order to advance As these countries become more prosperous because of the increased level of employment, then the wage-rates paid by all employers in those countries will rise They are bringing the benefits of Western business practices to the workers in these countries Their operations allow these employees to have jobs and thus improve their living standards CORRECT Points Received: 2 of 2 Comments: 8. Question: Downsizing an organization typically has all of the following effects on the organization EXCEPT: Your Answer:
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Week 4 Mid Term - Week 4 Mid Term Grade Details1.Question:...

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