HRM Definitions and Functions Quiz

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Questions and Answers

What is the main purpose of Job Analysis?

To develop employees' long term skills

To improve employee performance on the job

To search for potential applicants

To provide job descriptions to potential applicants (correct)

What is emphasized in Job Specification?

Employee training needs

Employee benefits and compensation

Specific qualities and skills required for a job (correct)

Job location and working conditions

What differentiates Training from Employee Development?

Employee development aims to enhance current job performance (correct)

Training focuses on employee growth opportunities

Employee development focuses on increasing productivity

Training is focused on long-term skills improvement

What is the primary objective of Recruitment in HRM?

To hire employees from outside the organization Signup and view all the answers

What is the main focus of Employee Development?

Long-term growth opportunities for employees Signup and view all the answers

Which process involves hiring employees from a list of shortlisted candidates?

Recruitment and Selection Signup and view all the answers

What does Performance Management involve?

Identifying, measuring, and developing employee performance Signup and view all the answers

Which of the following best describes Compensation and Benefits?

Salary and monetary/non-monetary privileges for employees Signup and view all the answers

What do Personnel Policies aim to guide?

Work performance towards organizational objectives Signup and view all the answers

How can External Factors impact HRM?

Political, Economic, Sociocultural, Technological, and Environmental factors Signup and view all the answers

Which factor can influence recruitment, compensation, and benefits according to the text?

Economic downturns or upswings Signup and view all the answers

What does Employee Relations refer to in an organization?

Creating and maintaining a positive relationship with employees Signup and view all the answers

What is the main purpose of staffing in Human Resource Management?

Recruitment and selection of manpower Signup and view all the answers

Which aspect of the 6 M's of Management addresses budgeting and resource allocation?

Money Signup and view all the answers

What does the planning function in HRM involve?

Deciding what, when, and how to do things in advance Signup and view all the answers

Which management function involves stimulating, inspiring, and inducing employees to perform at their best capacity?

Directing Signup and view all the answers

What is the primary focus of the market aspect in the 6 M's of Management?

Disseminating products to customers Signup and view all the answers

Which function in HRM involves defining an organizational structure and assigning tasks based on team skills and abilities?

Organizing Signup and view all the answers

Study Notes

Definitions of HRM

The management of people in organizations from a macro perspective, managing people in the form of a collective relationship between management and employees.

Human Resource Management Functions & Objectives

Job description includes job title, location, reporting to, job summary, nature and objectives of a job, tasks, duties, working conditions, machines, tools, and hazards involved.
Job Analysis and Job Specification: a written statement of educational qualifications, qualities, experience, physical, emotional, technical, and communication skills required to perform a job.

Recruitment and Selection

Recruitment: searching for potential applicants and encouraging them to apply for a vacancy.
Selection: hiring employees among shortlisted candidates and providing them a job in the organization.

Training and Development

Training: an endeavor to improve or develop additional competency or skills in an employee on the job to increase performance or productivity.
Employee development: opportunities created to help employees grow, more long-term or futuristic in nature.

Performance Management

Ongoing process of identifying, measuring, and developing the performance of employees in the organization.

Compensation and Benefits

Salary, monetary, and non-monetary privileges provided to employees at the workplace by the organization.

Employee Relations

Efforts to create and maintain a positive relationship with employees.

Personnel Policies

A policy is a man-made rule of predetermined course of action to guide the performance of work towards the organization's objectives.

Compliance with Laws

HR Compliance is the commitment of the business to follow the working standards set out by employment law.

External Factors Impacting HRM

Political/ Legal factors: influencing every process of the HR department, including hiring, training, compensation, termination.
Economic Factors: Economic downturns or upswings affecting recruitment, compensation, benefits, and workforce planning.
Sociocultural factors: including work ethic, attitude towards work, and employee motivations.
Technological Factors: advancements affecting remote work and virtual collaboration.
Environmental Factors: corporate social responsibility, sustainability goals, and employee engagement in environmental initiatives.

Management Functions

Planning: deciding in advance what to do, when to do, and how to do, bridging the gap from where we are and where we want to be.
Organizing: defining an organizational structure that aligns with the workplace and assigning tasks that map to the team's skills and abilities.
Staffing: recruitment and selection of manpower.
Directing: motivation, stimulating, inspiring, and inducing employees to perform to their best capacity, leadership, and communication.
Controlling: measuring progress.

6 M's of Management

Manpower: human resources or workforce.
Machinery: equipment, tools, and machinery.
Materials: raw materials, components, and resources.
Methods: processes and procedures.
Money: financial aspect of production, including budgeting, cost management, and resource allocation.
Market: a place where the organization disseminates its products.

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Description

Test your knowledge on Human Resource Management definitions, functions, and objectives. Explore topics such as the collective relationship between management and employees, job descriptions, and tasks and duties in a job.