When Evaluating the Effectiveness of HRM Practices,organizations Have the Choice

question 35

Essay

When evaluating the effectiveness of HRM practices,organizations have the choice of using two approaches: fit or best practice.Briefly describe the difference between the two approaches.

Understand the roles of human resources in organizational downsizing and restructuring.

Analyze the impact of downsizing and restructuring on employees.

Identify organizational interventions to support employees through downsizing.

Recognize the immediate and insidious consequences of downsizing and restructuring.

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Definitions:

Activity-based Costing

A costing method that identifies the activities that a firm performs and then assigns indirect costs to products based on each product's use of those activities.

Activity Cost Pools

Groupings of individual costs related to a particular activity, used in activity-based costing to allocate costs more accurately.

Direct Labor-hours

The overall hours that workers, who are a part of the manufacturing operations, put in.

Activity-based Costing

A costing method that allocates overhead costs to products based on the activities required to produce those products.