HCM & the Organisational Environment (Leaving Cert Business): Flashcards
📚Flashcards
Practise the cards
10 cards from this deck
ShowHide
Practise the cards
10 cards from this deck
Human capital definition
Human capital definition
Abilities, skills & knowledge people possess
HCM definition
HCM definition
Strategic process to attract, develop & reward workforce
Number of key HCM components
Number of key HCM components
Eight
Corporate culture component focus
Corporate culture component focus
Company values & ethics embedded in business activities
Workforce planning monitors
Workforce planning monitors
Staff retention & labour turnover rates
Organisational environment definition
Organisational environment definition
Forces & institutions affecting business performance
Three levels of organisational environment
Three levels of organisational environment
Internal, task, general
Internal environment elements
Internal environment elements
Owners, board of directors, employees, culture
Task environment elements
Task environment elements
Customers, suppliers, competitors, partners, regulators
General environment dimensions (list 5)
General environment dimensions (list 5)
Economic, technological, socio-cultural, political-legal, int'l