Edexcel A Level Business 1.4 Managing People

What does it mean to treat staff as an asset?

• To view employees as a cost to be minimized

• To value employees and invest in their development

• To reduce the number of employees

• To increase employee workloads

What is a characteristic of a flexible workforce?

• Full-time permanent contracts for all staff

• Strict work hours

• Part-time, temporary, and multi-skilled workers

• A workforce with no flexibility in roles

Which of the following is an example of outsourcing?

• Hiring part-time staff to work remotely

• Subcontracting a project to a third-party company

• Offering flexible working hours to staff

• Multi-skilling employees

What is the key difference between dismissal and redundancy?

• Dismissal is for cost-cutting, while redundancy is for misconduct

• Redundancy occurs when a job is no longer needed, while dismissal is for misconduct or underperformance

• Dismissal is voluntary, redundancy is forced

• Redundancy only applies to temporary staff

Which of the following involves negotiations between an employer and a group of employees represented by a union?

• Collective bargaining

• Individual approach

• Flexible working

• Job enlargement

Which is a key advantage of internal recruitment?

• It brings new ideas into the company

• It is more expensive than external recruitment

• It increases staff morale by promoting existing employees

• It requires more training for new employees

What is a key disadvantage of external recruitment?

• It limits the talent pool

• It can be more costly and time-consuming than internal recruitment

• It creates fewer opportunities for employee development

• It discourages internal promotions

Which of the following is an example of on-the-job training?

• A new employee attending a college course

• A training session at a conference

• A senior employee teaching a junior staff member during work hours

• An online training module taken at home

What is the primary purpose of induction training?

• To increase employees' motivation

• To familiarize new employees with the company's policies and procedures

• To provide advanced job-specific skills

• To improve team-building

Which of the following is a cost associated with recruitment?

• Salaries of current employees

• Advertising job vacancies and hiring consultants

• Employee bonuses

• Office space