51. Identify the example of utility analysis from the following.
A. Capitalization of salary
B. Gains from selection programs
C. Returns on human assets and human investments
D. Net present value of expected wage payments
Utility analysis attempts to estimate the financial impact of employee behaviors (such as absenteeism, turnover, job performance, and substance abuse).
52. Which of the following
is
not
a type of human resource accounting cost-benefit analysis?
A. Net present value of expected wage payments
B. Capitalization of salary
C. Turnover cost
D. Return on human asset
The human resource accounting approach attempts to place a dollar value on human resources as if they were physical resources (like plant and equipment) or financial resources (like cash).
53. Traditional HRM functions were structured around all of the following basic subfunctions of HRM
except
A. management development.
B. staffing.
C. training.
D. compensation.
Transformational activities include knowledge management, management development, cultural change, and strategic redirection and renewal.
54. Strategically focused HR structures have the HR manager reporting directly to the CEO and the HRM functions divided into three divisions. Which is
not
one of the three divisions?
A. Field generalists
B. The center for outsourcing
C. Centers for expertise
D. The service center
Outsourcing entails contracting with an outside vendor to provide a product or service to the firm, as opposed to producing the product using employees within the firm.
55. Centers for expertise within the new, generic HR structure
A. have dual reporting relationships to both the head of the line business and the head of HR, although the line business tends to take priority.
B. are responsible for the traditional areas of HR, such as recruitment, selection, training, and compensation.
C. consist of individuals who ensure that the transactional activities are delivered throughout the organization.
D. assign individuals to business units within the organization to assist them in executing their business-level strategies.
The centers for expertise usually consist of the functional specialists who ideally act as consultants in the development of state-of-the-art systems and processes for use in the organization.
56. Identify the incorrect statement with regard to HRM functions.
A. Functions are basically divided into three divisions.
B. Functions like recruitment and training fall under the centers for expertise division.
C. Field generalists are individuals who ensure that the transactional activities are delivered throughout the organization.
D. Field generalists also have a dual reporting relationship to both the head of the HRM and the head of the line business.
The field generalists consist of the HRM generalists who are assigned to a business unit within the firm.
57. Centers for expertise employees do all of the following
except
A. developing current functional skills without being distracted by transactional activities.
B. ensuring that the HRM systems enable the business to execute its strategy.
C. dealing with HRM functions like recruiting, selection, and training.
D. acting as consultants in the development of systems and processes for use in the organization.
The field generalists ideally take responsibility for helping the line executives in their business strategically address people issues, and they ensure that the HRM systems enable the business to execute its strategy.
58. Field generalists within the new, generic HR structure
A. have dual reporting relationships to both the head of the line business and the head of HR, although the line business tends to take priority.
B. are responsible for the traditional areas of HR, such as recruitment, selection, training, and compensation.
C. consist of individuals who ensure that the transactional activities are delivered throughout the organization.
D. act as consultants in the development of state-of-the-art HR systems and processes for use in the organization.
The field generalists consist of the HRM generalists who are assigned to a business unit within the firm.
59. The _____ consists of individuals who ensure that the transactional activities are delivered throughout the organization.
A. field generalist area
B. data output area
C. center for expertise
D. service center
Service centers often leverage information technology to efficiently deliver employee services.
60. _____ involves contracting with an outside vendor to provide a product or service to a firm, as opposed to producing the product using employees within the firm.
A. Offshoring
B. Importing human capital
C. Outsourcing
D. Transferring human capital
An organization's use of an outside organization for a broad set of services.