WorksheetsManaging Human Resources in Small and Entrepreneurial Firms
Total questions: 10
Worksheet time: 5mins
What is the primary focus of HRM in small organizations?
Managing compliance with labor laws.
Developing strategies to recruit, retain, and develop employees with limited resources.
Offering extensive employee benefits.
Expanding global operations.
What percentage of GDP do SMEs contribute in Malaysia in 2023?
25.5%
39.1%
48.5%
60.2%
Which HR function involves aligning individual goals with organizational objectives?
Recruitment
Training and Development
Performance Management
Compensation and Benefits
What is one major challenge small businesses face in HRM compared to large businesses?
Over-reliance on formal HR policies.
Access to advanced tools like web-based recruiting platforms.
Too many HR professionals on staff.
Excessive resources allocated to HR.
Which theory emphasizes leveraging internal resources as a source of competitive advantage?
Systems Theory
Equity Theory
Resource-Based View (RBV)
Herzberg’s Two-Factor Theory
What service is NOT typically provided by a Professional Employer Organization (PEO)?
Payroll and tax administration.
Employee benefits management.
Core business strategy development.
Ensuring compliance with labor laws.
In China, which cultural norm strongly influences HR practices in SMEs?
Hierarchical management
Profit-sharing agreements
Flexible work arrangements
Guanxi (personal networks)
What tool is commonly used by Malaysian SMEs for digital HR solutions?
What is the main focus of India's HR initiatives in SMEs?
Aligning with cultural norms
Enhancing employee benefits
Skill development through government programs
Increasing compliance costs
What is one advantage of using PEOs for small businesses?
Reduces administrative burdens and enhances employee benefits
Eliminates the need for workforce training
Increases HR-related compliance costs
Removes the business owner's control over HR functions
