HRM Fundamentals: Flashcard on HRM Concepts

Front

What is the main focus of Human Resource Management (HRM)?

Back

Ensuring that employees are skilled, motivated, and performing their best for the company

Front

Which of the following is NOT a method of Performance Appraisal? 360-Degree Feedback, Management by Objectives (MBO), Behaviorally Anchored Rating Scales (BARS), Cognitive Strengths Test

Back

Cognitive Strengths Test

Front

What is the difference between Training and Development?

Back

Training focuses on enhancing short-term skills, while development focuses on long-term career growth.

Front

Which of the following is an example of non-monetary compensation? Health insurance, Salary and bonuses, Employee of the Month programs, Paid time off (PTO)

Back

Employee of the Month programs

Front

What is the primary purpose of a Performance Appraisal?

Back

To provide feedback on strengths and areas for improvement

Front

Which of the following is a type of "Employee Movement" in HRM? Options: Promotion, Hiring, Interviewing, Training

Back

Promotion

Front

What is an example of indirect compensation? Options: Bonuses, Stock options, Paid leave, Public recognition

Back

Paid leave

Front

What is the main benefit of investing in training and development programs for employees?

Back

Improves productivity, job satisfaction, and retention rates

Front

Which of the following is NOT a selection device used in HRM? Employee Engagement Survey, Personality Assessment, Cognitive Strengths Test, Candidate References

Back

Employee Engagement Survey

Front

What should be the first step when preparing for an effective interview?

Back

Setting up the interview location and offering refreshments