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8 Cards in this Set
- Front
- Back
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Competitive advantage |
Doing something different from competition leads to out performance and success |
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Shared service center |
Centralized transaction-based HRM activities |
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Direct financial compensation |
Compensation received in the firm of salary, wages, ect |
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Indirect financial compensation |
Compensation in firm of free meals, vacation time, and health insurance |
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Nonfinacial compensation |
Rewards received from job itself or from work environment they are not financial in nature |
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Business strategy |
Defines how the firm will compete in its market |
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Talent philosoohy |
System of beliefs about how an organization's employees should be treated |
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Human resource strategy |
Links human resource function with firms business strategy |
