Unit 4 Human Resource Management (Fall 2024)

Front

Human Resource Management is primarily hiring and firing.

Back

false

Front

Human Resource departments are important in providing a competitive edge to your business.

Back

true

Front

The definition of Human Resource Management is

Back

the strategic approach to the effective management of a business’s workers so that they help the business gain a competitive advantage.

Front

The people who work to produce goods and services are known as

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human resources

Front

Which of the following statements about Human Resources is NOT true? Options: it’s not only a function, but a department as well, large companies have large HR departments; small companies may complete this function in other ways, the function exists regardless of a business’ size, they have the sole authority to determine how interviews will be conducted, the job of managing a business’s human resources gets bigger as the company grows

Back

they have the sole authority to determine how interviews will be conducted

Front

Human resource planning aims to get the right number of people with the right skills & experience in the right jobs at the right time at the right cost. True or False?

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True

Front

When skilled labor is in scarce supply, wage rates and salaries will have to be increased to attract workers away from competitors or other industries.

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true

Front

Advantages of an aging population include all of the following except: Less training needed, They make fewer mistakes, Proven experience, Less likely to embrace technology

Back

Less likely to embrace technology

Front

Disadvantages of an aging population include all of the following except: Higher salaries, Lack of flexibility (fixed in their own way of working), Less likely to embrace technology

Back

More responsible attitude

Front

High skill levels in one occupation may mean that workers are not equipped to deal with machines, processes and technologies in other industries and occupations. This can affect labor mobility in developed countries. True or False?

Back

True