ADMS 2600 Chapter Notes - Chapter 1: Dot-Com Bubble, Parental Leave, Total Quality Management

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Chapter 1 the world of human resources management. Hrm plays an important role in organizations by balancing the sometimes competing demands of which of the following: competitive challenges and international challenges, international challenges and employee concerns, employee concerns and hrm challenges, competitive challenges and employee concerns. Microsoft laid off 5000 employees due to poorer-than-anticipated financial performance. In an effort to take advantage of a market opportunity, apple created the iphone in open-source format so that anyone can develop and sell an iphone application. This is an example of which of the following: proactive change, reactive change, managing change, transformational change. Collectively, the economic value of knowledge, skills, and capabilities is known as which of the following: intellectual capital, human capital, core competencies, employee capital. Methods that firms use to align their processes with their essential need to meet customer expectations include all of the following except which one: total quality management, six sigma, cost containment through outsourcing, process reengineering.

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