Shared Flashcard Set

Details

1 - International Business || Chapter 12
1 - International Business || Chapter 12
20
Business
Undergraduate 4
11/05/2018

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Cards

Term
How does Enterprise use SHRM to support its customer service objectives?
Definition
Enterprise looks for potential new hires who display a certain set of skills and competencies that support the company’s objective of taking good care of their customers.

These skills include customer service focus, listening skills, a positive work ethic, leadership attitude, good communication skills, and flexibility.

It has a team of 200 recruiters whose job is to identify potential new candidates at over one hundred college campuses each year.
Term
What strategies does Enterprise use to attract new employees?
Definition
Enterprise uses an internship program as a way to identify potential future employees.

The program is open to college juniors and seniors; interested interns then spend a summer working at Enterprise after graduating.

Recruiters stay in touch with interns and some even send a care package to interns during final exam time.

Enterprise also has an employee-referral program through which current employees get a financial reward if they recommend a new employee to Enterprise and that candidate is hired into a full-time position.
Term
Do you think entrepreneurial employees would be motivated to work at Enterprise?
Definition
It gives great encouragement to employees with entrepreneurial skills and leadership qualities, and good entrepreneurial ideas are implemented across all Enterprise operations.
Term
What is an organizational approach to human resources management with a concern for the effects of HRM practices on firm performance?
Definition
Strategic Human Resources Management
Term
What is a set of management practices that attempts to create an environment within an organization in which the employee has greater involvement and responsibility?
Definition
High Performance Work System
Term
What is the collective sum of the attributes, life experiences, knowledge, inventiveness, energy and enthusiasm that a company's employees choose to invest in their work?
Definition
Human Capital
Term
What are the following:

Selection and placement

Diversity Management

Compensation and Rewards

Job Design
Definition
Key HR Elements
Term
What is a process whereby an organization ensures that employees are recruited and developed to fill each key role within the company?
Definition
Succession Planning
Term
What are these talent management practices correlated with:

Creating globally consistent talent-evaluation processes.

Cultural Diversity

Developing and managing global leadership.
Definition
Exceptional Financial Performance
Term
What is a job interview where the candidate is asked to describe in specific and behavioral detail how he would respond to a hypothetical situation?
Definition
Situational Interview
Term
What is a person who is living in a country other than his or her home country?
Definition
Expatriate
Term
What are the following:

Self Orientation

Others Orientation

Perceptual Ability

Cultural Toughness
Definition
Four predictors of a manger's ability to succeed as an expatriate
Term
What is a form of variable pay where the employee earns additional compensation on the basis of achieved objectives?
Definition
Bonus
Term
What is an individual who is a citizen of neither the US nor the host country and who is hired by the US government or a government-sanctioned contractor to perform work in the host country?
Definition
Third-Country National
Term
What is an analysis of the internal value of a job that is intended to identify how critical a given job is to the success of the organization?
Definition
Job Evaluation
Term
What ties pay directly to an individual’s performance in meeting specific business goals or objectives?
Definition
Pay For Performance
Term
What is a form of pay for performance in which an organization shares the financial gains with employees, such that employees receive a portion of the profit achieved from their efforts (sometimes called profit sharing)?
Definition
Gainsharing
Term
What are individuals or firms that benefit from a shared resource or the actions of others without paying or contributing their fair share of the costs?
Definition
Free Rider
Term
What is a performance-management tool that helps managers define the performance categories that relate to the company’s strategy?
Definition
Balanced Score Card
Term
What is an application of the Balanced Scorecard concept to an organization’s human capital to identify and measure the behaviors, skills, mind-sets, and results required for the workforce to contribute to the company’s success?
Definition
Workforce Score Card
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