Quiz on Dynamic Environmental Factors Influencing HRM

What are the three institutions that constitute the political environment in a democratic setup?

• Legislature, Executive, Judiciary

• Judiciary, Assembly, Government

• Parliament, Assembly, Council

• Legislature, Government, Parliament

Which of the following is NOT a component of the economic environment affecting HR?

• Industrial production

• Cultural factors

• Globalisation

• National income

What is the primary role of the judiciary in the political environment?

• To create laws

• To advise the executive

• To ensure laws are followed

• To implement laws

Which factor is considered a significant influence on the quality of labor in a country?

• Economic growth

• Technological advancement

• Cultural background

• Political stability

What is a major consequence of globalization on HR functions?

• Reduction in training programs

• Increased local hiring

• Standardization of employee benefits

• Integration with the global economy

According to the text, what is a challenge faced by organizations with highly skilled employees?

• High turnover rates

• Low productivity

• Lack of innovation

• Increased training costs

What does the term 'contractisation' refer to in the context of the workforce?

• Unionized labor agreements

• Permanent employment contracts

• Temporary and contract work arrangements

• Full-time job security

How does culture influence the attitude of workers towards work?

• It encourages job hopping

• It has no influence

• It creates a sense of entitlement

• It shapes their work ethic and commitment

What is the impact of technology on HR functions according to the text?

• Need for continuous skill upgrading

• Increased job security

• Decreased need for training

• Reduction in employee motivation

Which of the following best describes the relationship between globalization and workforce skills?

• Globalization leads to job losses

• Skilled labor attracts foreign investment

• Globalization decreases the need for skilled labor

• Skills are irrelevant in a globalized economy