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Higher Management of People and Finance

Total questions: 50

Worksheet time: 26mins

Name
Class
Date
1.

When some employees reach the end of their working life's staffing will change due to what?

a)

Retirement

b)

Promotion

c)

Maternity leave

2.

What role in the HRM department involves monitor how other departments and employees are following HR policies and procedures?

a)

Auditor

b)

Consultancy

c)

Service

d)

Facilitator

3.

20 people are leaving a business next year, the business will need to recruit new employees due to this. How has forecasting been used?

a)

Expected changes in working practices

b)

Analysing expected levels of customer demand and sales

c)

Estimating the level of labour turnover

d)

Skills analysis of current workforce

4.

When during the recruitment process would a job analysis be carried out?

a)

After identifying a job vacancy

b)

After preparing a person specification

c)

After preparing a job description

d)

After advertising the job vacancy

5.

Which of the following are disadvantages of internal recruitment?

a)

Can be more expensive to organise recruitment

b)

Existing employees may not have skills/knowledge for job

c)

Promotions means employees are competing against each other and external candidates

d)

They are unknown to the organisation, wrong person may be selected

6.

What term relates to the selection process of removing unsuitable candidates applying for a position?

a)

Redundancy

b)

Termination

c)

Capacity reduction

d)

Short listing

7.

An advantage of external recruitment is...

a)

Larger pool of candidates to select from

b)

Vacancies can be filled quicker

c)

Employees are motivated and feel valued

d)

Business can save money on advertising

8.

Assessing an applications personality using this type of test show if they are suitable for the job.

a)

Psychometric tests

b)

Medical tests

c)

Specific ability tests

d)

Attainment tests

9.

If an individual is successful during selection process they are given an offer of appointment

a)

False

b)

True

10.

Going to a local college for training is what type of training?

a)

Induction training

b)

On-the-job training

c)

Off-the-job training

11.

Having a tour of staff facilities is involved in which type of training?

a)

Induction training

b)

On-the-job training

c)

Off-the-job training

12.

What training involves using acted out situations such as dealing with a difficult customer?

a)

Distance learning

b)

Visual learning facilities

c)

Role play

d)

Coaching

13.

Which of the following are the costs of providing staff training?

a)

Staff are better prepared to embrace change

b)

Training a large workforce is expensive

c)

Employees may seek higher-paid positions elsewhere after training

d)

Output may be reduced during training

14.

A trainee being taken step by step through a task by a trained until mastering a task involves what training method?

a)

Coaching

b)

Job rotation

c)

Role play

d)

Distance learning

15.

What is the benefit to the workforce of receiving staff development (CPD)?

a)

Business can deliver high quality goods/services

b)

Will help business to achieve its aims

c)

Improves motivation to work for business

d)

Will become highly knowledgeable and skilled

16.

Which of the following are business benefits of motivating staff?

a)

Increased productivity

b)

Increased labour turnover

c)

Reduced absenteeism

d)

Better quality output with less waste

17.

The need to realise your own potential for continual self development is which level of Maslow's Hierarchy of Needs?

a)

Basic needs

b)

Social needs

c)

Status needs

d)

Self-actualisation

18.

A business providing job security involves Maslow's Hierarchy of needs to motivate employees at what level?

a)

Basic needs

b)

Safety needs

c)

Status needs

d)

Self-actualisation

19.

Hygiene factors and motivational factors are a part of which theory of motivation?

a)

Profit sharing

b)

Maslow's Hierarchy of Needs

c)

McGregor's Theory X and Theory Y

d)

Hertzberg's Theory of Motivation

20.

What does McGregor's Theory X assume about workers?

a)

Will work hard for both financial and non financial rewards

b)

Workers have no initiative or ambition

c)

Must be supervised at all times and forced to work

d)

Enjoy working

21.

Which of the following is a motivational factor?

a)

Job security

b)

Working conditions

c)

Gaining recognition

d)

Wages

22.

In Brenda's Bakery employees are motivated to work additional hours as they get time and a half. Which financial method has been used?

a)

Overtime payments

b)

Remuneration packages

c)

Share ownership

d)

Commission

23.

Which motivational financial method does a business use if each item an employee produces is directly linked to their payments?

a)

Piece rate payments

b)

Overtime payments

c)

Share ownership

d)

Profit sharing

24.

This non financial method of motivation involves increasing the number of tasks to provide challenge within a job.

a)

Delegation

b)

Job enrichment

c)

Quality circles

d)

Works councils

25.

This non financial method of motivation involves a group of workers meeting regularly with their line manager to solve work problems.

a)

Quality circles

b)

Job enrichment

c)

Job rotation

d)

Delegation

26.

This leadership style tells employees what to do and how to do it with feedback not encouraged

a)

Autocratic

b)

Democratic

c)

Laissez-Faire

27.

A task requiring creative thinking that would benefit from more employee participation should use which leadership style?

a)

Autocratic

b)

Democratic

c)

Laissez-Faire

28.

For a highly skilled and experiences workforce which leadership approach requiring less direction and supervision would be most beneficial?

a)

Democratic

b)

Autocratic

c)

Laissez-Faire

29.

Appraisals allow staff to discuss with their line manager how well they are performing and how to improve and progress in the business.

a)

True

b)

False

30.

What type of appraisal is used if a review is carried out by a colleague in a similar position rather than a line manager?

a)

One-to-one

b)

360 degree

c)

Peer-to-peer

d)

Results based

31.

Which of the following is a disadvantage of using appraisals?

a)

Can increase motivation

b)

Development needs can be identified

c)

Opportunity to receive feedback from line manager

d)

Too many development needs can cause stress

32.

Which is not a protected characteristic under the Equality Act?

a)

Religion

b)

Intelligence

c)

Disability

d)

Race

33.

Which act means employees must not behave in a way which causes danger to themselves or others at work?

a)

The National Minimum and Living Wage Regulations

b)

Equality Act 2010

c)

The Health and Safety at Work Act 1974

d)

Data Protection Act

34.

Under the Health and Safety at Work Act 1974 who is responsible for safety?

a)

Responsibility of the employee

b)

Responsibility of the employer

c)

Responsibility of the employee and employer

35.

Refusal to enter the workplace involves which industrial action method?

a)

Boycott

b)

Sit in

c)

Go slow

d)

Strike

36.

Refusing to carry out a new duty/use new equipment involves which industrial action method?

a)

Boycott

b)

Strike

c)

Sit in

d)

Go slow

37.

Grievances are disputes between an employee and their employer/line manager. Who initiates a grievance?

a)

Management

b)

Employees

c)

Members of the public

38.

What is permanently reducing the workforce in a business known as?

a)

Absenteeism

b)

Downsizing

c)

Dismissal

d)

Retirement

39.

What would HR use to store personal employee data?

a)

Databases

b)

E-diary

c)

Video Conferencing

d)

PowerPoint

40.

Which of the following is an example of a cost of computerising the work of department?

a)

Possible data loss or corruption

b)

Reduction in staffing costs

c)

Competitive edge

d)

Facilitates home working

41.

Which of the following is a short term source of finance?

a)

Crowdfunding

b)

Leasing

c)

Hire purchase

d)

Bank overdraft

42.

Venture Capital can be taken as _______ sources of finance?

a)

Short-term

b)

Medium-term

c)

Long-term

43.

Which is an advantage for a business of using a bank overdraft?

a)

Can be arranged quickly

b)

Available for large sums of money

c)

Low rate of daily interest

44.

In a cash budget what is the money that the business had at the start of the time period called?

a)

Add income

b)

Less expenses

c)

Total expenses

d)

Opening balance

45.

Which of the following is a method of addressing cash flow problems?

a)

Taking on large loans with high rates of interest

b)

Increasing business expenses

c)

Tying up too much cash in inventory

d)

Sell assets no longer needed to generate income

46.

What do lenders ask for as a guarantee that a loan will be repaid?

a)

Interest

b)

Collateral

c)

Referrences

d)

Their word

47.

Which of these would be considered to be a current asset by a business?

a)

Money owed by debtors

b)

Business premises

c)

Delivery vans

d)

Equipment

48.

The cost of purchasing goods from a supplier or cash and carry is called what in an income statement?

a)

Sales revenue

b)

Cost of sales

c)

Gross profit

d)

Expenses

49.

Which of the following is a purpose of ratio analysis?

a)

Measuring the human element of a business

b)

Taking external factors into account

c)

Identifying issues that can be resolved

50.

What does EFTPOS stand for?

a)

Electronic finance tracker point of sale

b)

Electronic funds tracker points of sale

c)

Electronic funds transfer point of sale

d)

Electronic finance tracker points of sale