Principles of Management (MGMT 350 01) - Fall 2025

Vocabulary flashcards based on the lecture notes covering key terms and definitions related to the New Human Resource Management Process.

Past HR Managers' Role

Were paper pushers who simply organized personnel files and functioned more as a cost center.

Present HR Managers' Role

Improve organizational revenues and profits by creating the right working environment and function more as a productivity center.

Productivity

The amount of output organizations receive per unit of input.

Effectiveness

Asking the question, 'Did we do the right thing?'

Efficiency

Asking the question, 'Did we do things right?'

HRM Strategic View

A perspective that took hold within the past 30 years, shifted from reactive to proactive, gives organizations a sustainable competitive advantage, and carries out organizational ideas and reaches goals of the overall strategic plan.

Line Managers

Control what the organization does by creating processes and assisting employees who produce what the business sells.

Staff Managers

Advise line management on issues within their fields of specialized knowledge, including HR managers.

Professional Liability

The risk that the organization and managers can be sued by employees who feel their rights under employment laws have been violated.