IB Business Management - 2.1.1 Intro to HRM Quiz

What is the main purpose of Human Resource Management (HRM)?

• To maximise shareholder value

• To deploy, develop, and manage people to meet business objectives

• To reduce production costs

• To focus only on staff welfare

Which of the following is NOT a function of HRM?

• Workforce planning

• Recruitment and selection

• Market segmentation

• Training and development

Which model outlines the impacts of poor HRM?

• Taylor’s Scientific Management

• Hoang’s 5Rs

• Herzberg’s Motivation-Hygiene

• Maslow’s Hierarchy of Needs

Which of the following is a key reason why HRM is important?

• It directly affects labour productivity, quality, and innovation

• It eliminates the need for external recruitment

• It guarantees zero labour turnover

• It reduces government regulations

Workforce planning is best defined as:

• Training employees in new technologies

• Anticipating and meeting an organisation’s staffing needs

• Reducing the costs of recruitment

• Replacing unproductive employees

Which of the following would be LEAST useful in workforce planning?

• Historical data and trends

• Sales forecasts

• Employee fashion preferences

• Labour turnover rates

Which of the following is an INTERNAL factor that affects HR planning?

• Sales forecasts

• Immigration

• Demographic change

• Globalisation

Demography refers to the study of:

• Financial trends in businesses

• Statistical characteristics of populations

• Employee loyalty

• Technological innovation

Which of the following is NOT a demographic factor influencing HRM?

• Ageing population

• Changing family structures

• Pay differentials

• Increasing education levels

How might an ageing population affect HR planning?

• Increase in younger workers

• Higher demand for retraining and succession planning

• Declining workplace diversity

• Reduced need for workforce planning