Business PHR Set

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What happens if the president vetos?

If the bill is veto, congress may override the veto by a two thirds vote of a quorum in each house, in which the case the bill will become a law in spite of veto.

SMART, what does the M stand for?

Measurable: The goal must include a method for determining when it has been met.

Key stakeholder: Management:

Includes officers of the corporation, such as the CEO, chief financial officer (CFO), chief operating officer (COO), other executives who make day-to-day decisions about company operations.

What is the function of Sales?

Includes the near-term activities involved in transferring the products or service from the business to the customer.

Any information that an employee has access to or comes into contact with that isn't available to the general public?

Insider information

SOX prohibited ___________ _______ _ _______ during pension fund blackout periods when employees aren't able to trade stock in their pension accounts.

Insider trading

Is defined as a firm's adherence to a code of moral values. Person does the right thing, regardless if it's unpopular.

Integrity

It systems have grown because of the technology advancements. As a result, it plays a growing role in both _________________ and ______________ of the organization.

Operational and strategic management.

What role is HR Playing when they are asked to answer questions and provide information for a wide range of constituents, from government agencies to candidate for employee and senior management ?

Service Providers

What was the name of the whistle blower in the ERON scandal?

Sherron Watkins.

What does SMART stand for?

Specific Measurable Attainable (action oriented) Relevant Time-base

What was created in 2008 by the SEC?

The SEC began to consider allowing U.S. Companies to use international accounting rules developed by international accounting Standards board (ISAB) instead of GAAP for preparing and filing financial reports.

What is considered when audit recruiting sources?

Is the labor pool diverse of qualified applicants.

In relations to operations functions, how does Production layout activity affect the production of goods or services?

It affects the way goods and service are produced. Example designed of an assembly line. In services process to be used in providing it, such as a model plan or protocol for a financial audit.

Statement of behaviors that the organization expect from employees; inherent in the conduct is the idea of that disciplinary action would be the result of violating the behavioral standards.

Code of conduct

A statement of ideal standards that the organization is committed to upholding in it business practices.

Code of ethics

IF the idea doesn't come from a member of congress (MOC), then what happen?

The idea is presented to a member of the U.S. house of representatives or U.S. senate to being the process of becoming a law.

What is production?

The process by which businesses create the product or service they offer to customers. Example: manufactured goods including the growth of services as well.

CORPORATE GOVERNANCE

The role of a corporation's executive staff and board of directors in ensuring that the firm's activities meet the goals of the firm's stakeholders, shareholders, BOD, and management.

What is HR roles with an organization?

To serve as a business partners, so it is important for practitioners to have a general understanding of the ins and outs of all business units.

Inspires the organization, informs customers and shareholders. it's the vision for the future. Communicates what the company does, who it does it for, what long-range success will look like?

Vision statement

Where can a legistlative idea come from?

a senator or congressperson, an individual, a business , a church, or a professional association. FOr a group ideas citizen's group, lobbyists, special interest groups.

When is the 4th step in the bill becoming LAW?

after study, the subcommittee may make changes, process called marking up the bill. The sub committee then votes on whether to return the bill to a full committee with recommendation. If it's not reported back, it dies.

SOX and PCAOB required testing

all public accounting firms to register with the board, conduct periodic inspections to ensure their compliance with audit standards.

What starts the legislative process?

an IDEA

Key stakeholder: Board of Directors

are elected by the shareholders to represent the shareholders' interests with management. There are two types: inside and outside

Are needed to describe how the organization will get there in the mid to long term?

core competencies

Sox TOOK steps to ensure _________, ___________, and _________________ _ _______ analysis.

fairness, accuracy, and independence of stock

R&D is always a separate function in the marketing/production process?

false: Some industries like pharmacy or automobiles use R&D as a separate function. however, in other industries, it is a shared function of marketing/production.

HR professionals make ethical decisions on a regular basis and are in a position to _________ ____________ behavior.

model ethical

SOX: new standards to independence of auditors which included what?

restrictions on non-audit related services such as bookeeping, management, human resourece consulting, and other similar services

Why are the FASB standards so important ?

they're essential to efficient function economy .

How do HR practitioners which with Financial Analyst?

to Project needed staffing levels or benefits or benefit cost for budgeting planning purposes.

What happens if the president fails to sign it?

two things: 1. congress is in session , a bill that remain unsigned for 10 days will come law with out a president's signature. If congress is adjourn before the 10-days is up, it won't become law----aka pocket veto.

What is the OFCCP?

-Office for Federal Contract Compliance Programs - Responsible for enforcing executive orders that cover companies doing business with federal government. -Audits government contractors to ensure they are actively pursuing goals in their affirmative action plans. internet applicants defining regulations.

How does HR need to consider the lack of internet a problem in their strategic plan?

1. Limited internet access affects where companies may operate. 2. Access to the internet is how many students are educated 3. Professional growth is limited 4. The internet is a revenue stream

How do declining organizations reinvigorate themselves in order to survive?

1. develop new product lines or redesign of existing products. If this doesn't happen, they will cease to exist or the company is acquired.

Personal USE of Company assets should be clearly stated in the __________ ___________ ___________.

Code of Ethics

What does an prima facie violation include?

1. employee was engage in protected activity 2. The employer knew or suspected that the employee was engaged in the protected activity. 3. The employee suffered an unfavorable employment action 4. sufficient circumstances existed to infer that a contributing factor to the unfavorable action was a the employee's participation in the protected activity.

What are the steps in HR audit?

1. identify the exposure factors and then developing an audit system to measure the current levels based on behavior and outcomes are important contribution of HR. 2. Options to mitigate the risks are reviewed and recommendations are made. 3. HR decided what type of audits to use to minimize exposure to the risk.

Risk-management trending and forecasting include:

1. unemployment rates by geographic location 2. safety standards 3. Updates to labor laws referencing culture or technological trends

How many US house hold lack high speed internet?

1/3 and income under $30,000

How many days does the employee have to file the retaliation complaint.

180 days: in writing and verbally

This committee developed accounting standards and reports for private sectors?

1939 : American Institute of Certified Public Accountants (AICPA)

SOX (Sarbanes-Oxley Act)

A set of laws established to strengthen corporate reporting in the United States.

What is the digital divide?

A worldwide gap giving advantage to those with access to technology. both economically and geographically.

what role is HR playing when they are asked to provide information and guidance for managers to deal with employees issues?

ADVISORY

Smart: what does the A stand for:

Action-Oriented: Goals must describe the actions that will be taken.

What is an external environment?

All events outside a company that have the potential to influence or affect it. These are out of the company's control.

What is information technology (IT)

An area of the business responsible for managing systems such as voicemail , computer network, software websites, and the internet as well as the data collected by these systems.

What is an example of an industry change?

Animal power transportation changes to railcard, trucks, and airplanes. The companies who applied the new technology, had the bigger advantage in the market place. They could move products faster.

How do INDUSTRY CHANGES affect the external environment?

As technology improves, the standards for how products are produce, transported, and evaluated has changed.

In relations to operations functions, how does Cost control activity affect the production of goods or services?

As with all business functions, operations must provide products or services that meet the quality standards set by the organization at the lowest possible cost.

What is the first step in identify the risks?

Audit of HR practices to identify areas of potential loss.

When is the 7th step in the bill becoming LAW?

Bill that are reported out of committee are placed on the legislative calendar and schedule for a vote b the full body.

SOX requires that the audit reports and commendations to the management team are sent directly to who?

Board of Directors (BOD)

Once the Smart goals are identified, the elements are combine into one strategic document called what?

Business Plan

In relations to operations functions, how does technology activity affect the production of goods or services?

By increasing the use of tech, can improve product quality and the amount that are produced.

Organization often identify their _____________ ________________ : the part of their operations that they do best and that set them apart from the competition.

CORE COMPETENCIES

________________ __________________ ___________ created during the strategic planning process can begin to set the stage for ethical behavior, but the code of conduct, or code of ethics, is useful tool that can inform people in the organization about the what behavior to expect.

CORPORATE VALUE STATEMENT

Identifying the _______ ___________ and resulting behaviors use for future decision making is an element of the strategic planning process.

CR goals

In relations to operations functions, how does Capacity activity affect the production of goods or services?

Capacity determines how much of a product or service is able to be produces. Example available materials, labor, and equipment (A.K.A = inputs)2. Changes in inputs are required by fluctuating customers demand.

What of the activities included in operational functions?

Capacity, production layout, scheduling, quality management, inventory management, technology, facility location, cost control.

How do legal and regulatory activity affect the external environment?

Changes to laws at the federal, state, and local governments affect the cash flow of the company's net cash flow. Example, a local government implements a new local tax.

Employers who plan to monitor employee communication and interest usage should develop and distribute a policy clearly stating what information is subject to monitoring and under what conditions. This should be stated where?

Code of ethics to reduce claims of invasion of privacy.

Employee's age, religion, medical condition, or credit history may not be used to make employment decision such as promotions, transfers, discipline, or selection for training and are ___________.

Confident ital.

Anytime an employee stands to gain personally from an action taken by the employer this is considered ____________ __________ ____________. Employee must disclose it to the employer and remove themselves from the situation.

Conflict of interest

What are the main focus a leadership team should have to keep a competitive advantage in the market place?

Continuously create new processes, products, and services to meet the ongoing challenges presented by several key forces, including economic changes, modes of services, delivery, customer expectations, and the rapid changes to technology

What roles is HR playing when they are asked to enforce policies and ensure compliance with federal, state, and local employment regulations and laws?

Control role

Business behavior that is focused on building external strategic relationship.

Corporate responsibiltiy.

A statement of ______________ _____________ is way for the executive team to communicate their standards for how the organization will conduct business.

Corporate values statement

This statements of values such as integrity, excellence, teamwork, customer service, and mutual respect remain constant regardless of business changes in operations.

Corporate values statement

Name another famous whistle blower:

DR Jeffrey wigand who was fired by brown & Williamson tobacco corporation in 1993.

In the organization life cycle, this cycle is characterize by: 1. inefficiency and bureaucracy. RIF might happen by leaders, close facilites and cost cutting measures. 2. outdated products are updated. 3. if can't compete , their business see a downward trend.

Decline

What is the concept of VUCA?

Describes th environment in which HR must be able to perform: VOLATILE>UNCERTAIN>COMPLEX>ambigous.e

How has technological developments in the external environment affected the business's ability to stay competitive.

Developments in technology have driven the growth and decline of organizations.

___________ SoX, required for senior financial officers:

ETHICAL

Is the first step toward compliance with labor laws that require or recommend written policies as part of compliance efforts.

Employee handbook

provides protection for employees to help them reduce the potential loss associated with various employment related claims. example claims sexual harassment, discrimination, wrongful discipline.

Employment practices liability insurance (EPLI)

What is operations functions?

Encompasses all the activities necessary to produce the goods or services of the business.

Is a practice of forecasting possible risks to the organization and taking steps to mitigate their impact on operation.

Enterprise risk management (ERM

In relations to operations functions, how does Facility location activity affect the production of goods or services?

Evaluating the best places to location productions facilities involves many considerations. Where you place your business determines what resources are near by.

TRUE or FALSE: Accounting is not responsible for preparing the budget reports manger use to maintain control of operating cost?

FALSE

TRUE or False: SEC doesn't recongize FASB standards?

FALSE

Code of Ethics and code of conduct are not interchangeable: true or false:

FALSE.but if have a different purpose.

In 1972 an independent body, the ___________ was created by the AICPA to take over responsibility for setting accounting standards.

FASB

SOX requires audit partner assignment to rotate after how many years ?

FIVE YEARS

How have the environmental changes had an impact on the external environment?

Fast past economies created large demand. When economy shrinks, company change to meet the budget due to low income. Company able to eliminate redundancy and waste are more successful.

Obligation to act in the best interest of the shareholders by making decisions that benefit the organization over decisions that benefit them personally.

Fiduciary responsibility

IF the final ruling from OSHA is not received by 180 day, what can the employee do ?

File a suit against the employer.

Who sets the standards for Accounting government regulations?

Financial Account Standards Board (FASB) and Generally Accepted account principles (GAAP).

AICPA created these _______________ principle?

GAAP: AICPA developed the GAAP for use by account professionals.

In the organization life cycle, this cycle is characterize by: 1. Additional management personnel are hired. 2. employee lose daily contact with the founders, leading to lower morale. 3. more funds are open for competitive compensation and benefits. 4. biggest challenges is exceeding infrastructure to handle it and outsourcing of some functions to meet the needs.

Growth

Identifies areas that may be out of compliance with legal requirements or that are in need of updating because of strategic changes within the organization and it defines elements that are working well.

HR AUDITS

HR's role in leading change, fostering teamwork, developing staff, and contributing to organizational decision-making and strategic planning ?

HR role in core competencies

HR manages compliance issues related government regulations, maintains employee and benefit records, and ensures the confidentiality of employee information.

HR's administrative function.

HR professionals manger the employees relations and recruiting functions that required daily attention to maintain a productive work environment.

HR's operational function

Managing change and leading or participating in re-engineering or restructuring programs to ensure the retention of key employees furthers the organization's ability to meet its goal.

HR's strategic position

What are factors that affect the environmental changes ?

Higher taxes, Stricter government regulations means there is less cash for consumers. Companies end up spend on maintenance of mandates. Example reducing pollution created by factories.

What are many aspects of a code of ethics?

Honesty, integrity, confidentiality, conflicts of interest, insider information, gifts, personal use of a company assets, workplace privacy, fairness

When is the 11th step in the bill becoming LAW?

If the bill passes the second body, any major differences between the two bills are reconciled in a conference committee. If the conference committee can't agree on the form of the bill, it will and note become a law, if the committee recommends a conference report incorporating the changes, both houses of congress must vote to approve the conference report before the bill is forwarded to the president for signature.

When is the 10th step in the bill becoming LAW?

If the full body pass the bill it must go the other body and usually the process begin again; in some cases the other body may vote to pass the bill as it was presented . During the review process, the second body may vote it down , table it or change the bill. bills that are rejected or tabled at this stage are considered dead and won't become law.

What are HR professionals called to do?

Implement the resulting changes

What is JIT?

In Inventory management, JIT is a a systems attempts to do this by purchasing smaller amounts of supplies more frequently to reduce inventories and ensure a steady supply of products for distribution.

What is the function of Marketing?

Incorporated functions necessary to promote and distribute products in the in the marketplace, provides support for the sales staff, conducts research to design products that customers will be interested in purchasing, and determines the appropriate pricing for the products.

Person with operational responsibilities who is employed by the organization, such as the CEO, the CFO, or another officer of the corporation.

Inside director

Ethics/Value Statement example:

It is the intent of our company to comply not only with regulatory requirements, but also to act in the best interest of our stakeholders. Our employee have a duty to disclose any real or preconceived conflict of interest of financial interest when exercising their corporate responsibility.

Competition is important to understanding as a part of the marketing process. What is involved in this process?

Knowing the customer is key. The company can make decisions about products to design, price points to set, the placement of products, and how best to promote products or services in the marketplace.

What is the labor pool in the external environmental and how does is affect the economy?

Labor pool is skilled labor available. Labor force populations is one of the pills of the american economy so any shifts in hiring have significant impact on the country's economic health.

What is a another why an organization have identify risk?

Litigation statistics from EEOC website.

How can HR help with the lack of internet?

Lobbying efforts to help maintain a free internet

VUCA success is based on?

Managers are characterized by an ability to align structures, processes, culture, and people with organizational objectives while responding to the external realities of the competitive landscape.

R&D works closely ___________ and ______________ in the creation process?

Marketing/ production

In the organization life cycle, this cycle is characterize by: 1. Organization has enough resources to provide planning & standardize policies/procedures. 2. Bureaucratic & unwieldy. 3. it's difficult to change direction to remain competitive. 4. hiring less experience employees because training is possible. Comp and Benefits expand for executives.

Maturity

When is the 8th step in the bill becoming LAW?

Members of the full body are able to present their views about passage of the bill prior to a vote. During the debate period, members may offer amendment that will take effect if the bill is passed.

Describes the company, what it does, where it's going, and how it's different from other organizations. Tells employees where the company is headed, long-term.

Mission statement

This department regulates protections to employee who provide information , assist someone else in providing information, or assist in an investigation of alleged violations of mail, wire, bank, or securities fraud, or violations of sec regulations of federal laws protection shareholders from fraud?

OSHA

What four act provide protections for whistle-blowers?

OSHA act, Railroad safety act, Safe drinking water act, and toxic substances control act.

State Employers may not take unfavorable employment actions against employees in any of the terms and conditions of employment, such as laying off or terminating, demoting,blacklisting, denying benefits, failing to hire or rehire intimidating, reassigning, reducing hours or pay disciplining and others.

OSHA rules.

In relations to operations functions, how does Inventory activity affect the production of goods or services?

Operations managers must balance two conflicting needs related to inventory: the cost of maintaining a large inventory and tee need to satisfy customers by filling orders promptly.

What happens when the FED raises interested rates?

Organization and individuals pay more to borrow money, which means less money is available to spend on goods and services.

Someone who isn't employed by the corporation and doesn't have operational responsibilities.

Outside director

Key stakeholder: Shareholders

Owners of the corporation

SOX (Sarbanes-Oxley Act) made this board: PCAOB?

PCAOB : Public Company Accounting Oversight board

What accounting activities are involved in an accounting job?

Processing of various transactions such as payroll, expense, reimbursements, and accounts receivable and payable, and the establishment of internal controls to ensure compliance with government regulations.

In marketing and the four P's, what is involved with Product?

Product development included making decisions about what the produce will do , how it will look, what kind of customer service is needed, whether a warranty or guarantee is appropriate, and how the product will be package to attract customers.

Once Marketing knows their target market, what steps are involved in the process? Known as the "4 p's"

Product, price, placement, promotion, competition.

What are the main business practices that affect the Internal Environment?

Production & operations, sales & marketing, Research/Developmental, Finance and Accounting, informational technology, and people who make all it happen!

In marketing and the four P's, what is involved with Promotion?

Products are promoted in many different ways by advertising , public, relations, personal selling, and providing incentives for customer to buy. Incentives such as discounts, rebates, and contests are techniques commonly used to market products and services.

What is International FINANCIAL reporting STANDARDS do?

Provide consistency for global financial reporting.

In relations to operations functions, how does Quality Management activity affect the production of goods or services?

Quality assurance (QA) ensures that the product or service meets acceptable standards.

Smart: what does the R stand for?

Realistic: The goal must be high enough to challenge the organization or individual but not so high that it's un-achievable.

What does Accounting do?

Records, measures, and reports monetary transactions. responsible for activities that record financial transactions with an organization.

Name the different types of HR audits?

Recruiting resources, data security, form I-9 audits, harassment claim management.

SOX (Sarbanes-Oxley Act)

Requires companies to review internal control and take responsibility for the accuracy and completeness of their financial reports.

What is fiance function?

Responsible for obtaining credit to meet the organization's needs, granting credit to customers, investing and managing cash for maximum return on investment (ROI) and establish banking relationships for the organization.

Protected employee who report conduct that they reasonably believe violates SEC related to shareholder fraud.

SOX 2002

Required CEO and CFO to reimburse the company for incentive- or equity based compensation in the event of material restatement of financial reports to the SEC caused by misconduct.

SOX 2002

ENRON, WORLD COM, TYCO's ethic and values lead to what ACT?

Sarbanes-oxley act (SOX) in 2002.

In relations to operations functions, how does SCHEDULING activity affect the production of goods or services?

Scheduling activities make sure the products or services are available at times of peak customer demand.

Provides broad protection for employees who initiate reports of what they reasonably believe are company actions in violation of SEC regulations or federal securities laws.

Section 806 of SOX

Under what ACT, did congress give statutory authority for establishing reporting standards for publicly held companies? Who did they give it to?

Securities Exchange Act of 1934/Securities and Exchange Commission (SEC)

If OSHA finds the retaliation claims were true, what will happen?

Seek to settlement of between parties. If not possible , OSHA can as for reinstatement (preliminary order of reinstatement prior to hearing) of the employee with back pay, restored benefits, order actions against the employer like paying interest on back wages and compensation for attorney's fees and litigation costs.

In the organization life cycle, this cycle is characterize by: 1. low funding obtainment by leadership. 2. employees hire wear many hats. 3. little time for training 4. Employees are not as qualified for their positions. Based pay is below market rate. 5. outsourcing specialized functions that don't require full-time workers such as payroll. Few Layers of management. Employee work closely with founders and leaders.

Startup

What are the four organization life cycles?

Startup, growth, maturity, and decline

The capacity to endure over time is ? It speaks to a company behavior that doesn't deplete the resources used to achieve an outcome: time , labor, finances.

Sustainability

Companies with a whistle blower hotline are twice a likely to detect fraud ?

TRUE

Is production and operations used as interchangeably terms. True or false:

TRUE

TRUE OF FALSE: Copy and distributing copyright material from newspapers, books, magazine, CDs, or other company assets may also violate patents or copyright , and employees should be made ware of the consequences if they use any of these assets wrongly.

TRUE

TRUE OR FALSE: If preliminary reinstatement isn't possbile, OSHA can require economic reinstatement---pay the employee full pay and benefits?

TRUE

TRUE OR FALSE: Working with personal in the operations and marketing functions, ANALYSTS compile cost data, profit margins, and pricing information to provide accurate profitability forecast at different sales volumes and pricing levels.

TRUE

TRUE of FALSE: SOX establish criminal penalties for management officials who defraud shareholders, destroy documents, or obstruct justice.

TRUE

TRUE or FALSE: Corporation can't make decisions, those at the top levels in organization must make decisions on behalf of it owners.

TRUE

True or false: Do technological development lead to industry changes?

TRUE

Marketing beings with identifiying what?

Target Market for the organization's products or services

A family farm replaced by corporate farms is an example of what external environment?

Technological Development

What are the external environmental which impact change for a corporation?

Technological, industry changes, Economic Environment, labor pool, legal & Regulatory activity.

If no action is taken after the financial violation is report, according to sox, who takes action next?

The attorneys must report the concerns to the audit committee of BOD.

When is the 3rd step in the bill becoming LAW?

The bill is studied by a subcommittee, and hearings are conducted to obtain input from government representatives, subject mater experts, and citizens with point of view for or against the bill.

In the United States, .......... .... ........... have the availability to affect cash flow?

The board of Governors of the Federal Reserve System (The FED)

When is the 2nd step in the bill becoming LAW?

The committee confirm is the bill will pass for a vote. If they think it won't, the bill dies and not other action is taken.

In relation to Facility location, what is involved in locating a production facilities.

The cost of labor, distribution systems, and government regulations

Was enacted by congress in response to revelations by multinational corporations of the bribes that were paid to obtain business in some foreign countries. Act prohibits the payment of bribes. Requires accounting practices that preclude the use of covert bank account that could be used to these payments.

The foreign corrupt practice act of 1977

A gift policy should include what ?

The max amount allowed if the gift is received or given. The issues of exchange with vendors, clients, or employees.

In marketing and the four P's, what is involved with Price?

The must attract the customer , compete with other similar products, and return a profit. Pricing looks not only at the list price but also any discounts or allowances that will be offered.

Strategic Management

The ongoing process of innovation, advantage, values, creation, and reassessment.

How are sales and marketing related?

They both involved with creating a demand for the company's products and moving them from the company to the customer.

For marketing P = Placement, what does the marketing team need to know?

They need to know their target customer : How does the customer shop? On the internet? At the mall?

In marketing and the four P's, what is involved with Placement? A.K.A distribution.

This sis where decisions are made about where the customer will find the product.

Smart: what does the T stand for?

Time-based: Goal must include a time frame for completion.

What is cost Accounting?

Transactions related to product sales and the cost related to creating the product.

R&D develops new products and redesigns old ones to meet changing market demand, often created demand where none previously existed? True or False ?

True

Review component such as the security of confidential information, breaches in the process, and the validity of control measures.

What is data security audit

Verify procedures, and conduct a review to reduce penalties associated with improperly completed forms.

What is form I-9 audits

Review training records, conduct an employee survey to ensure that claims are taken seriously, and review the policy to ensure compliance with both state and federal law.

What is harassment claim management audit.

What is the 1st step in a bill becoming a law:

When a MOC agrees to sponsor a bill and presents it to a full body of the house or senate, it's assigned to a committee for study.

When is the 9th step in the bill becoming LAW?

When debate is completed a vote is conducted.

When is the 12th step in the bill becoming LAW?

When the president recieves the bill, he or she has three choices. sign it into law, veto it, or fail to sign.

When do gifts become unethical?

When the receipt of the gift unfairly influences a business decision, the gift becomes unethical and should be refused.

Who is the first group of people, according to sox, the violation should be reported to?

When there is a violation of securities laws or breaches of fiduciary responsibility: reports go to chief legal officer or CEO of the company by in-house attorneys or outside counsel.

When an employee makes a compliant to a federal agency, claiming that illegal activity has occurred.

Whistle-blower.

What does a financial analyst do?

Works with all functions of the organization in variety of ways. For operations function, an analyst can provide model to predict the number of employees needed at different production levels including with the budgeting.

When is the 6th step in the bill becoming LAW?

a written report of the findings, and recommendations of the committee is prepared, including dissenting views of members who voted against the bill.

HR audits can use a variety of methods to obtain the information for an audit such as:

checklists or questionnaires, surveys of employees and managers and interviews

VUCA are skill sets?

dealing with situations that are uncertain, unclear, and chaotic.

Who enforces and protects the whistle blower?

department of labor's OSHA.

When is the 5th step in the bill becoming LAW?

if the bill goes back to full-committee, more study happens, or a vote my happen to order the bill reported to the full body.

To maintain a ethical workplace the _____________ __________ must set standard of behavior , communicate it, model it, and enforce it if they're serious about maintaining a good workplace.

executive team

If the potential risk is so high, what can HR do?

implement a checklist or eliminate the practice all together.

What risks are reduce by writing a well-written policy for the employee hand book?

sexual harassment, reasonable accommodations of employees with disability, safety, wage and hour laws, at-will employment statement and leave laws. Should include company expectations, the employee's rights and company's legal obligation to the employees.

SMART: what does the S stand for?

specific: the goal should be descriptive enough to guide business-unit managers in developing action plans that will accomplish the goal.

Key Stakeholders

stakeholders who have the power and authority to make important decisions about the conduct and outcomes of the project.

Sox established _____________ ______________ ______________ ______________ holding chief executive of a public company accountable for the fairness and accuracy of financial reports filed with SEC.

standards of corporate responsibility

HR's role exist in ______________, _____________, and _____________.

strategic, administrative, and operational roles.

If the person has insider information, when can they act upon it?

when the information is made public.

Research and Development is charged with what function? (R&D)

with designing new product offerings and test them to make sure they do what they're designed to do before they're offered to the public.

Employees who believe that their employee status has been unlawfully affected by the filing of an allegation must file a :

written complaint with their name, company name, and prima facie evidence of the violation.


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