Podcast
Questions and Answers
What is the primary reason why human resource management (HRM) is considered the most happening function as of now?
What is the primary reason why human resource management (HRM) is considered the most happening function as of now?
- Because HRM is expert at aligning human resources plans to business plans
- Because HRM is responsible for managing people and people offer competitive advantage to a firm (correct)
- Because HRM is the only function that can offer competitive advantage to a firm
- Because HRM has the ability to craft strategies and execute them effectively
In what way do people lend competitive advantage to a firm, according to the text?
In what way do people lend competitive advantage to a firm, according to the text?
- By being strategic partners with line managers in HR planning
- By initiating innovation to revise company fortunes
- By providing physical resources such as technology and materials
- By offering skills, capabilities, systems, practices, speed, language, bonding, and behaviors (correct)
What role do HR managers play in aligning human resources plans to business plans?
What role do HR managers play in aligning human resources plans to business plans?
- They identify and implement HR practices that accomplish business strategy (correct)
- They work independently to develop HR practices that best suit the business strategy
- They focus on crafting business strategies and executing them effectively
- They oversee the integration of technology and materials into business decisions
What is cited as an instance of a company revising its fortunes thanks to innovation?
What is cited as an instance of a company revising its fortunes thanks to innovation?
Why is strategy implementation considered to be a task for people rather than physical resources?
Why is strategy implementation considered to be a task for people rather than physical resources?
What was the unique way in which Google promotes innovation?
What was the unique way in which Google promotes innovation?
How did Sandesh Dahanukar contribute to Mahindra & Mahindra's cost-saving and innovation?
How did Sandesh Dahanukar contribute to Mahindra & Mahindra's cost-saving and innovation?
What was the focus of the new HR function mentioned in the text?
What was the focus of the new HR function mentioned in the text?
What did Mahindra, CEO of the group, give to Sandesh Dahanukar to develop stronger chassis for utility vehicles?
What did Mahindra, CEO of the group, give to Sandesh Dahanukar to develop stronger chassis for utility vehicles?
What did the Wall Street Journal Asia conduct a survey on?
What did the Wall Street Journal Asia conduct a survey on?
What is the primary focus of the HRM function 'Staffing'?
What is the primary focus of the HRM function 'Staffing'?
Which function of HRM involves negotiating contracts and administering collective agreements in a union environment?
Which function of HRM involves negotiating contracts and administering collective agreements in a union environment?
What does the HRM function 'Managing change' primarily involve?
What does the HRM function 'Managing change' primarily involve?
Which HRM function is related to the administration and monitoring of workplace safety, health, and welfare policies?
Which HRM function is related to the administration and monitoring of workplace safety, health, and welfare policies?
Which HRM function is primarily concerned with preparing forecasts of future HR needs based on an organization's environment, mission, objectives, and internal strengths?
Which HRM function is primarily concerned with preparing forecasts of future HR needs based on an organization's environment, mission, objectives, and internal strengths?
What is the primary focus of the 'Personnel Management' functions mentioned in the text?
What is the primary focus of the 'Personnel Management' functions mentioned in the text?
In the context of HRM, what does 'human capital' primarily refer to?
In the context of HRM, what does 'human capital' primarily refer to?
What is the significance of aligning HR policies and practices with the organization’s strategies?
What is the significance of aligning HR policies and practices with the organization’s strategies?
How does HRM elevate the role of HR executives from an administrative level to that of the board?
How does HRM elevate the role of HR executives from an administrative level to that of the board?
What distinguishes the 'doables' from the 'deliverables' in HRM, as per the text?
What distinguishes the 'doables' from the 'deliverables' in HRM, as per the text?
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