HRM590 week 8 final exam set 2

1. (TCO A)
Discuss two major trends that are currently affecting the practice of human
resource management. Provide examples of how a company’s HRM practices might be
affected by each trend. (Points: 30)

2. (TCO B)
To be a strategic business contributor, human resources must enhance
organizational performance, expand human capital, and be cost effective.
Discuss how HRM professionals must balance the competing demands made on them.
(Points: 30)

3. (TCO C)
Explain the most significant impact of a union on human resource management.
(Points: 30)

4. (TCO D)
In developing human resource strategies, businesses face several important
challenges. Identify and describe four of these challenges. Link these
challenges back to the HRM department’s strategy plan. (Points: 30)

5. (TCO E)
While layoffs may seem prevalent in our work environment today, many companies still
face the challenge of retaining top performers and the skills needed to
complete the job. Explain how you would create a proactive retention program
for a company. Describe the steps you would take and substantiate each step.
(Points: 30)

6. (TCO F)
Substantiate the value of employee performance evaluations to the business and
the employee. Describe the factors/components you would include in a
performance management program and validate those items. (Points: 30)

7. (TCO G)
Pay for performance plans vary in design. Some are designed to reward
individuals as well as team results. Describe both types of pay plans. Evaluate
the value of both plans as it relates to the organization/business. (Points:
30)

8. (TCO H)
Explain how human resource technology can improve efficiency and effectiveness
of HRM functions. How, specifically, can technology support the business?
Provide an example. (Points: 40)