Human Resource Management Quiz

What is the definition of Human Resource Management (HRM)?

• The management of financial resources within an organization

• The utilization of individuals to achieve organizational objectives

• The process of developing new products for the market

• The implementation of marketing strategies

Why should you care about studying HRM even if you plan to work in accounting or finance?

• To improve your cooking skills

• To become a marketing expert

• To learn how to design a new product

• To understand your rights and responsibilities as an employee

What is the process of choosing the individual best suited for a position and the organization from a group of applicants called?

• Recruitment

• Selection

• Job Analysis

• Performance Management

What is the goal-oriented process that is directed toward ensuring that organizational processes are in place to maximize the productivity of employees?

• Compensation

• Performance Management

• Human Resource Development

• Staffing

What does Human Resource Development (HRD) consist of?

• Only training and development

• Only organization development

• Only career planning

• Training and development, career planning, and organization development

What does compensation include?

• Total of all rewards provided to employees in return for their services

• Only direct financial compensation

• Only indirect financial compensation

• Only non-financial compensation

What do businesses need to do if their employees want a union to represent them?

• Recognize the union and bargain with it in good faith

• Ignore the request

• Increase the employees' workload

• Terminate the employees

What does safety involve in the context of HRM?

• Protecting employees from injuries caused by work-related accidents

• Ensuring employees get enough vacation time

• Offering employees promotions

• Providing employees with free meals

What is the purpose of Human Resource Data Analytics?

• To reduce employee salaries

• To analyze employment data and business outcomes

• To eliminate HR departments

• To increase employee turnover

What is the function of a Human Resource Information System (HRIS)?

• To increase employee absenteeism

• To plan marketing campaigns

• To obtain relevant and timely information for HR decisions

• To design new products