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Master of Business Administration - MBA Semester 4

HRM403 - Talent Management and Employee Retention

Set - 1
Q1. What are competency characteristics? Describe some of them.
Answer. A competency is a reliably measurable, relatively stable and enduring characteristic of a person,
team or an organisation that causes and statistically predicts a criterion level of performance

Q2. Define Talent Management. Discuss the Talent management Approaches.
Answer. Talent management is defined as a conscious and systematic approach taken up to attract,
identify, develop and retain productive and engaged employees with aptitude and abilities to meet current
and future organisational needs by fulfilling the business/operation critical roles. The

Q3. Briefly describe the different Talent Management Processes?
Answer. Key Processes of Talent Management
Organisations are made up of people who in turn create value through proven business processes,
innovation, customer service, and many other important activities.
In order to meet its

Set - 2
Q1. Explain the key Compensation principles. What do you mean by Total rewards?
Answer. There are few key compensation principles. They are:
• Consider the unique characteristics and specific needs of organisation: The unique characteristics and
specific needs of the organisation need to be considered for the formulation of compensation plans. An
understanding of compensation plans among

Q2. Explain the role of IT in Talent Management Systems.
Answer. The globalization and advancement in information technology (IT), in which developing countries
play a major role, has caused a “war for talent.” To meet challenging growth targets, service providers find
that recruitment and retention are of key importance. For developing

Q3. Write short notes on:
a) Promoting ethics in workplace
b) Talent Review
Answer. a) Promoting ethics in workplace- Ethics is study of values or principles relating to right or wrong
behaviour, also known as morality. Ethics is very important for the sustenance of an organization. If the
organization and its people practice ethics in their day to day business

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