PRELIMS - hrm MODULE 2&3

The process of acquiring, training, appraising, and compensating employees, and attending to their labor relations, health and safety, and fairness concerns.

• Human Management

• Resources Management

• Human Resource Management

Although most firms have a human resource department with its own manager, all managers tend to get involved in activities like recruiting, interviewing, selecting, and training.

• True

• False

HRM can improve profits and performance by hiring the right people and motivating them appropriately.

• True

• False

HR Manager exerts line authority outside the HR department.

• True

• False; only within department

The size of the HR department does not reflect the size of the company.

• True

• False

In recruiting and hiring, it’s generally the line manager’s responsibility to specify the qualifications employees need to fill specific positions. Then the HR staff takes over, conducting initial screening interviews and administering appropriate tests.

• True

• False

Refers to the tendency of firms to extend their sales, ownership, and/or manufacturing to new markets abroad.

• Competition

• Globalization

• Leverage

Dramatic decreases in productivity have allowed manufacturers to produce more with fewer employees.

• True

• False

This refers to the knowledge, education, training, skills, and expertise of a firm’s workers.

• Leverage and Deregulation

• Globalization and Competition Trends

• Knowledge Work and Human Capital

Demographic trends are making, finding, and retaining quality employees less challenging.

• True

• False