HCM & the Organisational Environment (Leaving Cert Business): Quizzes

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HCM & the Organisational Environment
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What is the primary goal of human capital management?

To ensure employees contribute effectively

What is the key distinction between human capital and HCM?

Human capital is people; HCM is processes

Which area does corporate culture as an HCM component focus on?

Embedding company values and ethics

What does workforce planning in HCM involve monitoring?

Staff retention and labour turnover rates

What activities are part of employee engagement in HCM?

Performance appraisals and satisfaction surveys

How many key components must work together for effective HCM?

Eight interconnected components

What benefit does adequate staffing levels provide in effective HCM?

Staff with right skills focus on their role

What does the organisational environment consist of?

Forces affecting business performance

Which factors are part of the internal organisational environment?

Owners, board, employees, and culture

Which stakeholders belong to the task environment level?

Customers, suppliers, and competitors

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