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Strategically Managing the HRM Functions

Strategically Managing the HRM Functions

Strategically Managing the HRM Functions 3 Q
©McGraw-Hill Education. All rights reserved. Authorized only for instructor use in the classroom. No reproduction or further distribution permitted without the prior written consent of McGraw-Hill Education.

Chapter 16 Strategically Managing the

HRM Function

©McGraw-Hill Education

Learning Objectives 1 of 2

LO 16-1 Describe the roles that HRM plays in firms today

and the categories of HRM activities.

LO 16-2 Discuss how the HRM function can define its

mission and market

LO 16-3 Explain the approaches to evaluating the

effectiveness of HRM practices.

LO 16-4 Describe the new structures for the HRM

function.

©McGraw-Hill Education

Learning Objectives 2 of 2

LO 16-5 Describe how outsourcing HRM activities can

improve service delivery efficiency and

effectiveness.

LO 16-6 Relate how process reengineering is used to

review and redesign HRM practices.

LO 16-7 Discuss the types of new technologies that can

improve the efficiency and effectiveness of HRM.

LO 16-8 List the competencies the HRM executive needs

to become a strategic partner in the company.

©McGraw-Hill Education

Activities of HRM Transactional activities

• Day-to-day transactions such as benefits

administration, record keeping, and employee

services

Traditional activities

• Performance management, training, recruiting,

selection, compensation, and employee relations

Transformational activities

• Knowledge management, management

development, cultural change, and strategic

redirection and renewal

LO 16-1

©McGraw-Hill Education

Figure 16.1 Categories of HRM Activities and

Percentages of Time Spent on Them

Jump to long description in appendix

©McGraw-Hill Education

Strategic Management of the HRM Function

Customer-oriented approach

• HRM function as a strategic business unit defined

in terms of the customer base, the customers’

needs, and the technologies required to satisfy

customers’ needs

©McGraw-Hill Education

Figure 16.2 Customer-Oriented Perspective of

the HRM Function

Jump to long description in appendix

©McGraw-Hill Education

Building an HR Strategy 1 of 2

The Basic Process

• Scan the environment

• Examine strategic business issues or needs

• Identify people issues to address

• Design HR strategy

• Communicate to relevant parties

LO 16-2

©McGraw-Hill Education

Figure 16.4 Basic Process for HR Strategy

©McGraw-Hill Education

Building an HR Strategy 2 of 2

Involving Line Executives

• Can increase the quality of information from which

the HR strategy is created

• Provide input

• Team members

• Receive communications

• Approve the strategy

©McGraw-Hill Education

Figure 16.7 Approaches to Developing an HR Strategy

Jump to long description in appendix

©McGraw-Hill Education

Measuring HRM Effectiveness 1 of 3

Benefits

• Marketing the function

• Shows how HR supports the organization

• Providing accountability

• Shows how HR is meeting its objectives

LO 16-3

©McGraw-Hill Education

Measuring HRM Effectiveness 2 of 3

Audit Approach

• Key indicators

• Staffing

• Equal employment opportunity

• Compensation

• Benefits

• Training

• Employee appraisal and development

• Succession planning

• Safety

• Labor relations

• Overall effectiveness

©McGraw-Hill Education

Figure 16.9 Comparing HR and Line Executives’

Evaluations of the Effectiveness of HRM Roles

Jump to long description in appendix

©McGraw-Hill Education

Figure 16.10 Comparing HR and Line Executives’

Evaluations of the Effectiveness of HRM Contributions

Jump to long description in appendix

©McGraw-Hill Education

Measuring HRM Effectiveness 3 of 3

The Analytic Approach

• Determines whether the introduction of a program

or practice has the intended effect

• Estimates the financial costs and benefits resulting

from an HRM practice

• Human resource accounting

• Utility analysis

• Uses analytic data to increase organizational

effectiveness

©McGraw-Hill Education

Table 16.2 Types of Cost–Benefit Analyses

Human resource accounting

• Capitalization of salary

• Net present value of expected wage payments

• Returns on human assets and human investments

Utility analysis

• Turnover costs

• Absenteeism and sick leave costs

• Gains from selection programs

• Impact of positive employee attitudes

• Financial gains of training programs

SOURCE: Based on A. S. Tsui and L. R. Gomez-Mejia, “Evaluating HR Effectiveness,” in Human Resource Management: Evolving Roles and Responsibilities, ed. L. Dyer (Washington, DC: Bureau of National Affairs, 1988), pp. 1–196.

©McGraw-Hill Education

Improving HRM Effectiveness 1 of 6

Improving both the efficiency and effectiveness in

performing each of the activities

Eliminating as much of the transactional work as

possible (and some of the traditional work) to free

up time and resources to focus more on the

higher-value-added transformational work

LO 16-4

©McGraw-Hill Education

Figure 16.11 Improving HRM Effectiveness

Jump to long description in appendix

©McGraw-Hill Education

Improving HRM Effectiveness 2 of 6

Restructuring to Improve HRM Effectiveness

• Traditional structured around basic HRM

subfunctions, such as staffing, training,

compensation, appraisal, and labor relations

• Generic structure divides the HRM function into

three divisions

• The centers for expertise

• The field generalists

• The service center

©McGraw-Hill Education

Figure 16.12

Old and New

Structures for

the HRM

Organization

Jump to long description in appendix

©McGraw-Hill Education

Improving HRM Effectiveness 3 of 6

Outsourcing to Improve HRM Effectiveness

• An outside source may provide a service more

cheaply or more effectively (more expertise) than

doing it internally

• Primarily outsource transactional activities and

services

• Pensions and benefits administration

• Payroll

LO 16-5

©McGraw-Hill Education

Improving HRM Effectiveness 4 of 6

Improving HRM Effectiveness Through Process

Redesign

• Reengineering

• Identify the process to be reengineered

• Understand the process

• Redesign the process

• Implement the new process

LO 16-6, 16-7

©McGraw-Hill Education

Improving HRM Effectiveness 5 of 6

Improving HRM Effectiveness Through Process

Redesign continued

• New technologies—E-HRM

• Leveraging technology for the delivery of traditional and

transformational HRM activities

©McGraw-Hill Education

Improving HRM Effectiveness 6 of 6

Improving HRM Effectiveness Through Process

Redesign continued

• Recruitment and selection

• Online recruiting one out of every eight hires

• Enables firms to monitor hiring processes to minimize the

potential for discriminatory hiring decisions

• Compensation and Rewards

• Training and Development

©McGraw-Hill Education

Improving HRM Effectiveness through New

Technologies—HRM Information Systems

Three broad functions HRM has used in the past

• Transaction processing, reporting, and tracking

• Decision support systems

• Expert systems

New technologies

• Predictive analytics

• Customization

©McGraw-Hill Education

The Future for HR Professionals

Four Basic Competencies

• Business competence

• Professional-technical knowledge

• Management of change processes

• Integration competence

LO 16-8

©McGraw-Hill Education

The Role of the Chief Human

Resource Officer

Chief HR Officer

• Bear the responsibility for leading the HR function

• Ensure that HR systems and processes deliver

value to the company

• Seven roles

• Strategic advisor to the executive team

• Talent architect

• Counselor/confidante/coach

• Leader of the HR function

• Liaison to the board

• Workforce sensor

• Representative of the firm

©McGraw-Hill Education

Figure 16.17 Percentage of Time CHROs

Spend in Each Role

Jump to long description in appendix

©McGraw-Hill Education

Table 16.5 Roles of the CHRO 1 of 2

Strategic advisor to the executive team: activities focused

specifically on the formulation and implementation of the

firm’s strategy.

Counselor/confidante/coach to the executive team:

activities focused on counseling or coaching team

members or resolving interpersonal or political conflicts

among team members.

Liaison to the board of directors: preparation for board

meetings, phone calls with board members, attendance at

board meetings.

©McGraw-Hill Education

Table 16.5 Roles of the CHRO 2 of 2

Talent architect: activities focused on building and

identifying the human capital critical to the present and

future of the firm.

Leader of the HR function: working with HR team members

regarding the development, design, and delivery of HR

services.

Workforce sensor: activities focused on identifying

workforce morale issues or concerns.

Representative of the firm: activities with external

stakeholders, such as lobbying, speaking to outside

groups, etc.

©McGraw-Hill Education

Appendix of Image Long Descriptions

©McGraw-Hill Education

Appendix 1 Figure 16.1 Categories of HRM Activities and

Percentages of Time Spent on Them

Transformational (5-15 percent)

• Knowledge management

• Strategic redirection and renewal

• Cultural change

• Management development

Traditional (15-30 percent)

• Recruitment and selection

• Training

• Performance management

• Compensation

• Employee relations

Transactional (65-75 percent)

• Benefits administration

• Record keeping

• Employee services

Return to original slide

©McGraw-Hill Education

Appendix 2 Figure 16.2 Customer-Oriented Perspective

of the HRM Function

Customers include line managers, strategic planners, and

employees.

Customers’ needs include committed employees and

competent employees.

Technology includes staffing, performance management,

rewards, and training and development.

Return to original slide

©McGraw-Hill Education

Appendix 3 Figure 16.7 Approaches to Developing an HR

Strategy An outside-in perspective

• Business Driven (5 cases)

Business issues/outcomes

People issues/outcomes

HR strategy

3 Different Inside-Out strategies

• Business-linked (5 cases)

Business issues/outcomes

People issues/outcomes

HR strategy

• People-linked (7 cases)

People issues/outcomes

HR strategy

• HR-focused (3 cases)

People issues/outcomes

HR strategy

Return to slide

©McGraw-Hill Education

Appendix 4 Figure 16.9 Comparing HR and Line Executives’

Evaluations of the Effectiveness of HRM Roles

On a scale of 0 to 8, HR managers rated their effectiveness

in 5 areas. Line managers also rated HR managers in

these 5 areas.

Providing HRM services – HR mean is 7.3, line mean is 6.1

Change consulting – HR mean is 6.2, line mean is 4.7

Business partner – HR mean is 6.1, line mean is 5.3

Developing the organization – HR mean is 6.5, line mean is

5.2

Tailoring HRM practices to strategy – HR mean is 6.8, line

mean is 5.3

Return to original slide

©McGraw-Hill Education

Appendix 5 Figure 16.10 Comparing HR and Line Executives’

Evaluations of the Effectiveness of HRM Contributions

On a scale of 0 to 7, HR managers rated their effectiveness in 7 areas.

Line executives also rated HR managers in these 7 areas.

Performing the expected job – HR mean is 4.5, line mean is 3.9

Responsive to customer needs – HR mean is 5.0, line mean is 4.2

Providing useful information – HR mean is 4.8, line mean is 4.3

Enhancing competitiveness – HR mean is 5.0, line mean is 3.8

Value-added contribution – HR mean is 5.0, line mean is 4.1

Contributing to core competence – HR mean is 4.8, line mean is 4.2

Building human capital – HR mean is 4.8, line mean is 4.2

Return to slide

©McGraw-Hill Education

Appendix 6 Figure 16.11 Improving HRM

Effectiveness From top to bottom:

Transformational (5-15 percent)

• Knowledge management

• Strategic redirection and renewal

• Cultural change

• Management development

Traditional (15-30 percent)

• Recruitment and selection

• Training

• Performance management

• Compensation

• Employee relations

Transactional (65-75 percent)

• Benefits administration

• Record keeping

• Employee services

On the bottom level are two more categories – outsourcing and process redesign, information

technology

Return to original slide

©McGraw-Hill Education

Appendix 7 Figure 16.12 Old and New

Structures for the HRM Organization

Historical structure

• At the top is the VP of HRM, followed by a second level with

the directors of staffing, compensation, training and

development, and planning.

New structure

• At the top is the VP of HRM, followed by a second level with

3 areas: centers for expertise (rewards, staffing, training and

development, communications). This is labeled

traditional/transformational. Next to this is field staff (HR

generalists), which is labeled transformational/traditional. And

finally service center (information technology, claims

processing), which is labeled transactional.

Return to original slide

©McGraw-Hill Education

Appendix 8 Figure 16.17 Percentage of

Time CHROs Spend in Each Role What percent of your time would you say you spend in each of the

following roles?

Functional leader 22 percent

Workforce sensor 8 percent

Firm representative 5 percent

Talent architect 17 percent

Board liaison 10 percent

Executive coach 17%

Strategic advisor 21%

Other 0%

Return to original slide

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Week14StrategicallyManagingtheHRMFunction.pdf
Home>Human Resource Management homework help>Strategically Managing the HRM Functions 3 Q
©McGraw-Hill Education. All rights reserved. Authorized only for instructor use in the classroom. No reproduction or further distribution permitted without the prior written consent of McGraw-Hill Education.

Chapter 16 Strategically Managing the

HRM Function

©McGraw-Hill Education

Learning Objectives 1 of 2

LO 16-1 Describe the roles that HRM plays in firms today

and the categories of HRM activities.

LO 16-2 Discuss how the HRM function can define its

mission and market

LO 16-3 Explain the approaches to evaluating the

effectiveness of HRM practices.

LO 16-4 Describe the new structures for the HRM

function.

©McGraw-Hill Education

Learning Objectives 2 of 2

LO 16-5 Describe how outsourcing HRM activities can

improve service delivery efficiency and

effectiveness.

LO 16-6 Relate how process reengineering is used to

review and redesign HRM practices.

LO 16-7 Discuss the types of new technologies that can

improve the efficiency and effectiveness of HRM.

LO 16-8 List the competencies the HRM executive needs

to become a strategic partner in the company.

©McGraw-Hill Education

Activities of HRM Transactional activities

• Day-to-day transactions such as benefits

administration, record keeping, and employee

services

Traditional activities

• Performance management, training, recruiting,

selection, compensation, and employee relations

Transformational activities

• Knowledge management, management

development, cultural change, and strategic

redirection and renewal

LO 16-1

©McGraw-Hill Education

Figure 16.1 Categories of HRM Activities and

Percentages of Time Spent on Them

Jump to long description in appendix

©McGraw-Hill Education

Strategic Management of the HRM Function

Customer-oriented approach

• HRM function as a strategic business unit defined

in terms of the customer base, the customers’

needs, and the technologies required to satisfy

customers’ needs

©McGraw-Hill Education

Figure 16.2 Customer-Oriented Perspective of

the HRM Function

Jump to long description in appendix

©McGraw-Hill Education

Building an HR Strategy 1 of 2

The Basic Process

• Scan the environment

• Examine strategic business issues or needs

• Identify people issues to address

• Design HR strategy

• Communicate to relevant parties

LO 16-2

©McGraw-Hill Education

Figure 16.4 Basic Process for HR Strategy

©McGraw-Hill Education

Building an HR Strategy 2 of 2

Involving Line Executives

• Can increase the quality of information from which

the HR strategy is created

• Provide input

• Team members

• Receive communications

• Approve the strategy

©McGraw-Hill Education

Figure 16.7 Approaches to Developing an HR Strategy

Jump to long description in appendix

©McGraw-Hill Education

Measuring HRM Effectiveness 1 of 3

Benefits

• Marketing the function

• Shows how HR supports the organization

• Providing accountability

• Shows how HR is meeting its objectives

LO 16-3

©McGraw-Hill Education

Measuring HRM Effectiveness 2 of 3

Audit Approach

• Key indicators

• Staffing

• Equal employment opportunity

• Compensation

• Benefits

• Training

• Employee appraisal and development

• Succession planning

• Safety

• Labor relations

• Overall effectiveness

©McGraw-Hill Education

Figure 16.9 Comparing HR and Line Executives’

Evaluations of the Effectiveness of HRM Roles

Jump to long description in appendix

©McGraw-Hill Education

Figure 16.10 Comparing HR and Line Executives’

Evaluations of the Effectiveness of HRM Contributions

Jump to long description in appendix

©McGraw-Hill Education

Measuring HRM Effectiveness 3 of 3

The Analytic Approach

• Determines whether the introduction of a program

or practice has the intended effect

• Estimates the financial costs and benefits resulting

from an HRM practice

• Human resource accounting

• Utility analysis

• Uses analytic data to increase organizational

effectiveness

©McGraw-Hill Education

Table 16.2 Types of Cost–Benefit Analyses

Human resource accounting

• Capitalization of salary

• Net present value of expected wage payments

• Returns on human assets and human investments

Utility analysis

• Turnover costs

• Absenteeism and sick leave costs

• Gains from selection programs

• Impact of positive employee attitudes

• Financial gains of training programs

SOURCE: Based on A. S. Tsui and L. R. Gomez-Mejia, “Evaluating HR Effectiveness,” in Human Resource Management: Evolving Roles and Responsibilities, ed. L. Dyer (Washington, DC: Bureau of National Affairs, 1988), pp. 1–196.

©McGraw-Hill Education

Improving HRM Effectiveness 1 of 6

Improving both the efficiency and effectiveness in

performing each of the activities

Eliminating as much of the transactional work as

possible (and some of the traditional work) to free

up time and resources to focus more on the

higher-value-added transformational work

LO 16-4

©McGraw-Hill Education

Figure 16.11 Improving HRM Effectiveness

Jump to long description in appendix

©McGraw-Hill Education

Improving HRM Effectiveness 2 of 6

Restructuring to Improve HRM Effectiveness

• Traditional structured around basic HRM

subfunctions, such as staffing, training,

compensation, appraisal, and labor relations

• Generic structure divides the HRM function into

three divisions

• The centers for expertise

• The field generalists

• The service center

©McGraw-Hill Education

Figure 16.12

Old and New

Structures for

the HRM

Organization

Jump to long description in appendix

©McGraw-Hill Education

Improving HRM Effectiveness 3 of 6

Outsourcing to Improve HRM Effectiveness

• An outside source may provide a service more

cheaply or more effectively (more expertise) than

doing it internally

• Primarily outsource transactional activities and

services

• Pensions and benefits administration

• Payroll

LO 16-5

©McGraw-Hill Education

Improving HRM Effectiveness 4 of 6

Improving HRM Effectiveness Through Process

Redesign

• Reengineering

• Identify the process to be reengineered

• Understand the process

• Redesign the process

• Implement the new process

LO 16-6, 16-7

©McGraw-Hill Education

Improving HRM Effectiveness 5 of 6

Improving HRM Effectiveness Through Process

Redesign continued

• New technologies—E-HRM

• Leveraging technology for the delivery of traditional and

transformational HRM activities

©McGraw-Hill Education

Improving HRM Effectiveness 6 of 6

Improving HRM Effectiveness Through Process

Redesign continued

• Recruitment and selection

• Online recruiting one out of every eight hires

• Enables firms to monitor hiring processes to minimize the

potential for discriminatory hiring decisions

• Compensation and Rewards

• Training and Development

©McGraw-Hill Education

Improving HRM Effectiveness through New

Technologies—HRM Information Systems

Three broad functions HRM has used in the past

• Transaction processing, reporting, and tracking

• Decision support systems

• Expert systems

New technologies

• Predictive analytics

• Customization

©McGraw-Hill Education

The Future for HR Professionals

Four Basic Competencies

• Business competence

• Professional-technical knowledge

• Management of change processes

• Integration competence

LO 16-8

©McGraw-Hill Education

The Role of the Chief Human

Resource Officer

Chief HR Officer

• Bear the responsibility for leading the HR function

• Ensure that HR systems and processes deliver

value to the company

• Seven roles

• Strategic advisor to the executive team

• Talent architect

• Counselor/confidante/coach

• Leader of the HR function

• Liaison to the board

• Workforce sensor

• Representative of the firm

©McGraw-Hill Education

Figure 16.17 Percentage of Time CHROs

Spend in Each Role

Jump to long description in appendix

©McGraw-Hill Education

Table 16.5 Roles of the CHRO 1 of 2

Strategic advisor to the executive team: activities focused

specifically on the formulation and implementation of the

firm’s strategy.

Counselor/confidante/coach to the executive team:

activities focused on counseling or coaching team

members or resolving interpersonal or political conflicts

among team members.

Liaison to the board of directors: preparation for board

meetings, phone calls with board members, attendance at

board meetings.

©McGraw-Hill Education

Table 16.5 Roles of the CHRO 2 of 2

Talent architect: activities focused on building and

identifying the human capital critical to the present and

future of the firm.

Leader of the HR function: working with HR team members

regarding the development, design, and delivery of HR

services.

Workforce sensor: activities focused on identifying

workforce morale issues or concerns.

Representative of the firm: activities with external

stakeholders, such as lobbying, speaking to outside

groups, etc.

©McGraw-Hill Education

Appendix of Image Long Descriptions

©McGraw-Hill Education

Appendix 1 Figure 16.1 Categories of HRM Activities and

Percentages of Time Spent on Them

Transformational (5-15 percent)

• Knowledge management

• Strategic redirection and renewal

• Cultural change

• Management development

Traditional (15-30 percent)

• Recruitment and selection

• Training

• Performance management

• Compensation

• Employee relations

Transactional (65-75 percent)

• Benefits administration

• Record keeping

• Employee services

Return to original slide

©McGraw-Hill Education

Appendix 2 Figure 16.2 Customer-Oriented Perspective

of the HRM Function

Customers include line managers, strategic planners, and

employees.

Customers’ needs include committed employees and

competent employees.

Technology includes staffing, performance management,

rewards, and training and development.

Return to original slide

©McGraw-Hill Education

Appendix 3 Figure 16.7 Approaches to Developing an HR

Strategy An outside-in perspective

• Business Driven (5 cases)

Business issues/outcomes

People issues/outcomes

HR strategy

3 Different Inside-Out strategies

• Business-linked (5 cases)

Business issues/outcomes

People issues/outcomes

HR strategy

• People-linked (7 cases)

People issues/outcomes

HR strategy

• HR-focused (3 cases)

People issues/outcomes

HR strategy

Return to slide

©McGraw-Hill Education

Appendix 4 Figure 16.9 Comparing HR and Line Executives’

Evaluations of the Effectiveness of HRM Roles

On a scale of 0 to 8, HR managers rated their effectiveness

in 5 areas. Line managers also rated HR managers in

these 5 areas.

Providing HRM services – HR mean is 7.3, line mean is 6.1

Change consulting – HR mean is 6.2, line mean is 4.7

Business partner – HR mean is 6.1, line mean is 5.3

Developing the organization – HR mean is 6.5, line mean is

5.2

Tailoring HRM practices to strategy – HR mean is 6.8, line

mean is 5.3

Return to original slide

©McGraw-Hill Education

Appendix 5 Figure 16.10 Comparing HR and Line Executives’

Evaluations of the Effectiveness of HRM Contributions

On a scale of 0 to 7, HR managers rated their effectiveness in 7 areas.

Line executives also rated HR managers in these 7 areas.

Performing the expected job – HR mean is 4.5, line mean is 3.9

Responsive to customer needs – HR mean is 5.0, line mean is 4.2

Providing useful information – HR mean is 4.8, line mean is 4.3

Enhancing competitiveness – HR mean is 5.0, line mean is 3.8

Value-added contribution – HR mean is 5.0, line mean is 4.1

Contributing to core competence – HR mean is 4.8, line mean is 4.2

Building human capital – HR mean is 4.8, line mean is 4.2

Return to slide

©McGraw-Hill Education

Appendix 6 Figure 16.11 Improving HRM

Effectiveness From top to bottom:

Transformational (5-15 percent)

• Knowledge management

• Strategic redirection and renewal

• Cultural change

• Management development

Traditional (15-30 percent)

• Recruitment and selection

• Training

• Performance management

• Compensation

• Employee relations

Transactional (65-75 percent)

• Benefits administration

• Record keeping

• Employee services

On the bottom level are two more categories – outsourcing and process redesign, information

technology

Return to original slide

©McGraw-Hill Education

Appendix 7 Figure 16.12 Old and New

Structures for the HRM Organization

Historical structure

• At the top is the VP of HRM, followed by a second level with

the directors of staffing, compensation, training and

development, and planning.

New structure

• At the top is the VP of HRM, followed by a second level with

3 areas: centers for expertise (rewards, staffing, training and

development, communications). This is labeled

traditional/transformational. Next to this is field staff (HR

generalists), which is labeled transformational/traditional. And

finally service center (information technology, claims

processing), which is labeled transactional.

Return to original slide

©McGraw-Hill Education

Appendix 8 Figure 16.17 Percentage of

Time CHROs Spend in Each Role What percent of your time would you say you spend in each of the

following roles?

Functional leader 22 percent

Workforce sensor 8 percent

Firm representative 5 percent

Talent architect 17 percent

Board liaison 10 percent

Executive coach 17%

Strategic advisor 21%

Other 0%

Return to original slide

Applied Sciences
Architecture and Design
Biology
Business & Finance
Chemistry
Computer Science
Geography
Geology
Education
Engineering
English
Environmental science
Spanish
Government
History
Human Resource Management
Information Systems
Law
Literature
Mathematics
Nursing
Physics
Political Science
Psychology
Reading
Science
Social Science
Home
Homework Answers
Blog
Archive
Tags
Reviews
Contact
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