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Flashcards covering key concepts and vocabularies from the Introduction to Human Resource Management lecture.
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Human Resource Management (HRM)
Process of acquiring, training, appraising, and compensating employees.
Five Basic Functions in the Management Process
Planning, Organizing, Staffing, Leading, Controlling.
Line Authority
Right of line managers to issue orders and manage departments.
Staff Authority
Right of staff managers to advise other managers and employees.
Recruiters
HR professionals who search for qualified job applicants.
Equal Employment Opportunity (EEO)
Laws designed to prevent discrimination in hiring.
Human Capital
Knowledge, skills, and abilities of a firm's workers that produce economic value.
Globalization
Expansion of companies into new markets abroad.
Evidence-Based HRM
Using the best available evidence to inform HRM decision-making.
Employee Engagement
Psychological involvement and commitment to one's job.
Ethics
Principles of conduct governing an individual or group.