Fundamentals Areas of Business Test 19

Result

Fundamentals Areas of Business Test 19

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Weekly Quiz Competition

Question 1
1 / -0

Industrial revolution brought in the changes in ______ system.

A
Distribution

B
Selling

C
Packaging

D
Production

Solution

The industrial revolution was the transition to new manufacturing process. This transition includes going from hand production methods to machine, new chemical manufacturing and iron production process. This gave rise to the development of machine tools and factory system. More and more companies started undertaking new production method after looking at the benefits offered by industrial revolution.
Question 2
1 / -0

Marketing management is _______ ?

A
Managing the marketing process

B
Monitoring the profitability of the companies prod acts and services

C
Selecting target markets

D
The art and science of choosing target markets and getting, keeping and growing customers through
Question 3
1 / -0

Which of the following is not a typical HRM issue?

A
Staffing

B
Marketing

C
Training

D
Pay
Question 4
1 / -0

The human resources in an organization are best described as the ones who?

A
Justify their pay and benefits

B
Design produce and deliver products and services to customers

C
Are hard to quantify in terms of costs and benefits

D
Usually regarded as expenses by financial managers.
Question 5
1 / -0

Regulatory Agencies interested as users of accounting information includes __________.

A
Various Government departments

B
Agencies such as Company Law Board (CLB)

C
Registrar of Companies (ROC)

D
All of the above

Solution

There are various agencies or stake holders interested to know about the accounting information. These stakeholders may be internal and external.
Accounts are prepared by the organization by following the compliance of various acts. Various agencies are interested to know about the accounts to ensure that organization is following the various laws applicable.
These regulatory agencies may includes Income Tax Authorities, Company Law Board, Registrar of Companies, SEBI, RBI etc.
Question 6
1 / -0

Out of these which is not a function normally performed by the HR department ?

A
Recruitment and selection

B
Pat and reward

C
Accounting

D
Employee relations
Question 7
1 / -0

An organization's human resource management department consists of five major components. The five components of HRM influence each others. Which of the following is affected by the kind of people that the organization attracts and hires through recruitment and selection?

A
The appropriate levels of pay and benefits

B
Selection practices and job structure

C
Selection practices of the company

D
The strategic planning process
Question 8
1 / -0

To be viewed as a strategic partner, contributing to organizational performance HR must demonstrate that

A
HR activities contribute to the financial results of the organization

B
The right people are being hired and retained

C
The Organization is in full compliance with all government laws and regulations

D
HR is able to compete in a tight labour market in terms of pay, benefits and working conditions.
Question 9
1 / -0

Understanding building codes would be considered a __________ skill for a building contractor.

A
Human

B
Technical

C
Conceptual

D
Empirical
Question 10
1 / -0

Human Resource Departments provide a number of services to corporate employees. Select the one which is an HR service.

A
Recruitment and selection programmes

B
Purchasing

C
Equal opportunity activities

D
Training and development programmes

User

Question Analysis

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Re-Attempt Weekly Quiz Competition

Fundamentals Areas of Business Test 19

Result

Fundamentals Areas of Business Test 19

Score

-

Rank

-

SHARING IS CARING

Question 1

Distribution

Selling

Packaging

Production

Solution

Question 2

Managing the marketing process

Monitoring the profitability of the companies prod acts and services

Selecting target markets

The art and science of choosing target markets and getting, keeping and growing customers through

Question 3

Staffing

Marketing

Training

Pay

Question 4

Justify their pay and benefits

Design produce and deliver products and services to customers

Are hard to quantify in terms of costs and benefits

Usually regarded as expenses by financial managers.

Question 5

Various Government departments

Agencies such as Company Law Board (CLB)

Registrar of Companies (ROC)

All of the above

Solution

Question 6

Recruitment and selection

Pat and reward

Accounting

Employee relations

Question 7

The appropriate levels of pay and benefits

Selection practices and job structure

Selection practices of the company

The strategic planning process

Question 8

HR activities contribute to the financial results of the organization

The right people are being hired and retained

The Organization is in full compliance with all government laws and regulations

HR is able to compete in a tight labour market in terms of pay, benefits and working conditions.

Question 9

Human

Technical

Conceptual

Empirical

Question 10

Recruitment and selection programmes

Purchasing

Equal opportunity activities

Training and development programmes

User

Question Analysis

My Perfomance

Score

-

Rank

-

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