Fundamentals Areas of Business Test 9

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Fundamentals Areas of Business Test 9

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Weekly Quiz Competition

Question 1
1 / -0

A manpower planning is concerned with ________.

A
the optimum use of human resources

B
the optimum use of company resources

C
the optimum use of natural resources

D
all of the above
Question 2
1 / -0

The number of workers required by a concern depends upon ________.

A
the scale of production

B
the degree of mechanization

C
methods of work

D
all the above
Question 3
1 / -0

Human resource management effectiveness aims to maximize employees as well as organizational ___________.

A
effectiveness

B
economy

C
efficiency

D
financial stability
Question 4
1 / -0

HRM is viewed as a management process, consisting of four functional activities:
(i) Acquisition
(ii) Motivation
(iii) Development
(iv) Resolution of industrial disputes
(v) Maintenance
Select the correct combination.

A
(i), (ii), (iii) and (iv)

B
(i), (ii), (iii) and (v)

C
(i), (ii), (iv) and (v)

D
(i), (iii), (iv) and (v)
Question 5
1 / -0

What does 'Lay-offs' refers to?

A
Suspension of workers

B
Workers leaving on their own accord

C
Transfer from one location to other

D
None of these
Question 6
1 / -0

The human resources management functions aims at_____________.

A
Ensuring that the human resources possess adequate capital, tool equipment and material to perform the job successfully.

B
Helping the organization deal with its employees in different stages of employment.

C
Improving an organization's creditworthiness among financial institutions.

D
Ensuring financial & marketing stability.

Solution

Human resource management is the effective management of people in the organisation so that it help organisation compete in the market. It is responsible for looking after employees' benefits, recruitment, training and development , performance appraisal and rewarding. Training and development professionals ensure that employees are trained and have continuous development.
Question 7
1 / -0

A number of benefits can be derived from using E-recruiting, these include:

A
It decreases the effectiveness of the recruitment process by reaching larger numbers of qualified people.

B
It increases recruitment costs, it decreases and streamlines the administrative process cycle times.

C
It does not allow the company to evaluate the success of its recruitment strategy.

D
It increases the effectiveness of the recruitment process by reaching a large number of qualified people.

Solution

E-recruitment is also known as online recruitment in which potential candidates are hired for vacant job positions. It makes use of the internet to reach a large number of job seekers and hire the best talent for the company at a lesser cost as compared to physical recruitment. It has a wide geographical coverage and the right person for the right job can be easily found. The employer has a wide range of choices to select the best candidate who can help in increasing productivity.
Hence, option (D) is the correct answer.
Question 8
1 / -0

Which of the following department of an organization performs the managerial function of matching organizational needs with the skills & abilities of the employees?

A
Finance department

B
Marketing department

C
Production department

D
Human Resource department

Solution

Human resource department performs the function of managing and developing the employees in the organisation. Human resource management involves developing and administering the programs that are designed for building an effective organisation. It manages and develops an employer-employee relationship. It involves managing job requirements, promotion, selection, seeing employee benefits, increasing the efficiency of the employees for better results of the organization.
Hence, option (D) is the correct answer.
Question 9
1 / -0

The statement which best describes the function of Human Resources Planning is:

A
An integrated set of processes, programs and systems in an organization that focuses on maximizing employee contribution in order to achieve organisational success.

B
The process of ensuring that people required for running the company are being used as effectively as possible especially in fulfilling developmental needs in order to accomplish the organization's goals.

C
The formal process of familiarizing new employees with the organization, new job, work units and culture values, benefits and accepted behavior.

D
The process of effectively and efficiently managing your assets.

Solution

Human resource planning is the continuous process of planning for achieving the optimum use of organisation's human resources. Its objective is to make the best match between jobs and employees avoiding any shortages. The process identifies organisation's strengths and weaknesses with the current employees and the skills, qualifications and experience of the employees and determines if these balance with the goal of the organisation and then takes further decision of staff requirements.
Hence, option (B) is the correct answer.
Question 10
1 / -0

The first step in the human resources planning process is ______.

A
Preparing a job analysis

B
Forecasting future human resource needs

C
Assessing future demand

D
Assessing future supply

Solution

Human resource planning is the process of forecasting organisation's demand and supply of manpower need in the future. The first and foremost step is to determine the objective for the process to carried on. The objective should be defined precisely so that the right number of people for the right kind of job is selected. It varies across different departments of the organization depending on their role and function.
Hence, option (B) is the correct answer.

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Re-Attempt Weekly Quiz Competition

Fundamentals Areas of Business Test 9

Result

Fundamentals Areas of Business Test 9

Score

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Rank

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SHARING IS CARING

Question 1

the optimum use of human resources

the optimum use of company resources

the optimum use of natural resources

all of the above

Question 2

the scale of production

the degree of mechanization

methods of work

all the above

Question 3

effectiveness

economy

efficiency

financial stability

Question 4

(i), (ii), (iii) and (iv)

(i), (ii), (iii) and (v)

(i), (ii), (iv) and (v)

(i), (iii), (iv) and (v)

Question 5

Suspension of workers

Workers leaving on their own accord

Transfer from one location to other

None of these

Question 6

Ensuring that the human resources possess adequate capital, tool equipment and material to perform the job successfully.

Helping the organization deal with its employees in different stages of employment.

Improving an organization's creditworthiness among financial institutions.

Ensuring financial & marketing stability.

Solution

Question 7

It decreases the effectiveness of the recruitment process by reaching larger numbers of qualified people.

It increases recruitment costs, it decreases and streamlines the administrative process cycle times.

It does not allow the company to evaluate the success of its recruitment strategy.

It increases the effectiveness of the recruitment process by reaching a large number of qualified people.

Solution

Question 8

Finance department

Marketing department

Production department

Human Resource department

Solution

Question 9

An integrated set of processes, programs and systems in an organization that focuses on maximizing employee contribution in order to achieve organisational success.

The process of ensuring that people required for running the company are being used as effectively as possible especially in fulfilling developmental needs in order to accomplish the organization's goals.

The formal process of familiarizing new employees with the organization, new job, work units and culture values, benefits and accepted behavior.

The process of effectively and efficiently managing your assets.

Solution

Question 10

Preparing a job analysis

Forecasting future human resource needs

Assessing future demand

Assessing future supply

Solution

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