The data centrality of the HRIS is pictured in Figure 1.3 on page 19 in the textbook. There are several aspects of this model that are critical. Discuss one, and provide an example.

What will be an ideal response?


Answers will vary. Student responses should highlight one of the four aspects provided here. (1) First, this model is a framework to use in reading, organizing, and understanding the information given in this book. At the core is the HRIS. The next layer focuses on the human resources envi¬ronment and the major components of that environment (e.g., HR programs). Outside of this figure represents the organizational environment and its components. Outside the organizational environment is the global business environment, which directly influ¬ences the organizational environment and indirectly affects the HR environment. Each of these layers mutually influences each other and together can impact the development and implementation of the HRIS. For example, differing labor laws across countries mean that different HR policies may be implemented and may affect the type of data collected by the HRIS and reported to regulatory agencies in different companies. The figure also indicates the interrelatedness between the strategic management system; the strategic HRM system; and the performance, business, and HR goals that are generated during the strategic planning process.
(2) Second, this is a systems model; that is, it is organic and can change over time, as the environment changes (e.g., the increasing focus on unfair discrimination in society and in the workforce will affect the HR environment and will, in turn, affect the orga-nizational and global business environments). (3) Third, the HRIS and the HR program evaluation results, in terms of HR metrics and cost–benefit results (value added and return on investment) are in continual interaction. This emphasis is consistent with current thinking in the HRM field (Cascio, 2000; Fitz-enz, 2000, 2002) and has gen-erated the HR workforce scorecard (Becker et al., 2001; Huselid et al., 2005). (4) Finally, as will be emphasized throughout this book, the alignment between the global business environment, the strategic management system, the strategic HR management system, the business goals, the HR goals, and the HR programs is critical to the organization’s maintenance of its competitiveness in the market (Evans & Davis, 2005; Huselid, Jackson, & Schuler, 1997).

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Recher Corporation's common stock has a par value of $3 per share and has been stable at a total value of $270,000 on the company's balance sheet for several years. The total stockholders' equity at the end of this year was $1,023,000 and at the beginning of the year was $1,010,000. Net income for the year was $17,500. Dividends on common stock during the year totaled $4,500. The market price of common stock at the end of the year was $3.76 per share.The company's price-earnings ratio is closest to: (Round your intermediate calculations to 2 decimal places.)

A. 8.36 B. 0.51 C. 19.79 D. 12.53

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The length of the introduction stage of the product life cycle is typically the same for all products

Indicate whether the statement is true or false

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Opportunity is defined as ______.

a. the worth of something in terms of the amount of other things for which it can be exchanged b. any conception, thought, or notion existing in the mind as a result of mental understanding and awareness c. being perceived as desirable d. an apparent way of generating value through unique, novel, or desirable products or services that have not been previously exploited

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Megan was employed by a large company. Her supervisor told her to falsify government reports. She refused and was fired. She sued for wrongful discharge. Her employer claimed that, since Megan was an at-will employee, she had no legal right to claim the company was liable for damages. Is the employer right?

a. Yes. An at-will employee does not have a legal right to claim wrongful discharge of employment. b. Yes. As an employee, Megan owes a duty of loyalty to her employer. If the company was found to have acted illegally by falsifying the reports, it (not Megan) would be liable. c. No. Even though Megan was an at-will employee, such employees may not be fired without just cause. d. No. Though at-will employees do not have extensive rights relative to job security, they may not be legally fired for refusing to perform an illegal act.

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