Human Resources and Globalisation Quiz

What is the role of human resources as a factor of production?

• To provide financial capital for business operations

• To supply labour and skills necessary for production

• To manage technological advancements

• To ensure environmental sustainability

Which of the following is a primary source of information for conducting labour market analyses?

• Social media platforms

• Government labour statistics

• Personal interviews with employees

• Company newsletters

How does globalisation impact human resource planning?

• It reduces the need for skilled labour

• It increases competition for talent across borders

• It limits access to international markets

• It simplifies recruitment processes

What is the purpose of forecasting labour demand?

• To determine the current number of employees

• To predict future staffing needs

• To evaluate employee performance

• To calculate annual salary budgets

Which of the following best describes the link between business planning and human resources?

• Business planning is independent of human resources

• Human resources planning is a subset of business planning

• Business planning dictates human resources policies

• Human resources planning supports business objectives

What is a key challenge in conducting labour market analyses?

• Lack of available data

• Overabundance of skilled workers

• High cost of data collection

• Rapid changes in technology

Which factor is NOT typically considered in labour market analyses?

• Employment rates

• Wage levels

• Weather patterns

• Skill availability

What is one effect of globalisation on the labour market?

• Decreased demand for multilingual employees

• Increased outsourcing of jobs

• Reduced cultural diversity in the workplace

• Lower levels of international collaboration

Which of the following is a benefit of effective human resource planning?

• Increased employee turnover

• Improved alignment with business goals

• Higher operational costs

• Reduced employee engagement

What is a common method used to forecast labour demand?

• Random sampling

• Trend analysis

• Employee surveys

• Focus group discussions