Hrmt 386 Study guides, Class notes & Summaries

HRMT 386 Exam Questions & Answers 2024/25 Why do organizations and individuals enter into employment relationships? - ANSWERS- Economic Relationship o Employers hire workers to accomplish tasks. o There is an exchange of value between the worker & employer. o Exchange time & skills (labour) for remuneration (wages & benefits) o Workers enter into the relationship because they must exchange their labour with someone to acquire money by which they purchase the necessities of life. o Duti...

HRMT 386 Assignment 1 Athabasca University (best for student taking this course in coming 3 week)

HRMT 386 WEEK 11 (ALL ABOUT THIS WEEK) ATHABASCA UNIVERSITY NEW Welcome to the Communication for Business experiential learning module! In this experience, you will navigate the challenges of communicating between multiple stakeholders on a sensitive subject. By using skills such as information gathering, emotional intelligence, and audience awareness, you will practice the skills needed to effectively communicate complex messages in a range of settings. You will take on the role of co...

HRMT 386 - Human Resources Management Exam Questions & Answers 2024/25 Capacity to work - ANSWERSSkills, knowledge, capabilities, personality of each individual to work capital - ANSWERSassets that can enhance ones power to perform economically useful work capitalist economy - ANSWERSan economic system in which the market determines production, distribution, and price decisions, and property is privately owned employment relationship - ANSWERSa contractual relationship whereby an e...

HRMT 386 Assignment 1 Athabasca University) (best for student taking this course in coming 3 week)

What does the term 'human resource management' suggest about the nature of the employment relationship? - Employees are viewed as valuable assets or resources within an organization. What is the strategic value of employees in human resource management? - Employees are strategic contributors to an organization's success. Managing them effectively can lead to a competitive advantage What is the investment perspective in human resource management? - Organizations should invest in their e...

Why do organizations and individuals enter into employment relationships? - - Economic Relationship o Employers hire workers to accomplish tasks. o There is an exchange of value between the worker & employer. o Exchange time & skills (labour) for remuneration (wages & benefits) o Workers enter into the relationship because they must exchange their labour with someone to acquire money by which they purchase the necessities of life. o Duties & obligations are asymmetrical: the employer issu...

Wage-rate bargain - How much someone will be paid for the work that they agree to do. - the first agreement of employment capitalist economy - private ownership of capital, allocation of resources through market mechanisms, and profit imperative Profit imperative - The need to profit or fail - puts pressure on organizations to cheapen labour Employer's interests - Maximize profits and profitability while controlling working conditions Worker's interests - making the most money for the ...

What does the term 'human resource management' suggest about the nature of the employment relationship? - Employees are viewed as valuable assets or resources within an organization. What is the strategic value of employees in human resource management? - Employees are strategic contributors to an organization's success. Managing them effectively can lead to a competitive advantage What is the investment perspective in human resource management? - Organizations should invest in their e...