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Human Resource Management Basics

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Questions and Answers

What is the primary goal of marketing management?

To manage marketing resources

To oversee the transformation process

To satisfy individual and organizational goals (correct)

To increase sales and revenue

What is the primary focus of operation management?

Managing marketing resources

Implementing and controlling goods and services

Financial planning and control

Overseeing the transformation process (correct)

What is a key aspect of financial management?

Managing sales people

Taking charge of financial policies and strategies (correct)

Overseeing the production of goods and services

Implementing marketing strategies

What is the purpose of financial management?

To provide for all the needs of the organization Signup and view all the answers

What is involved in the marketing management process?

Analyzing, planning, implementing, and controlling Signup and view all the answers

What is a key aspect of operation management?

Improving productivity and competitive advantage Signup and view all the answers

What is the primary goal of conducting job analysis?

To identify the duties, tasks, or activities involved in a job Signup and view all the answers

What is the main purpose of job specifications?

To identify the person-job fit and individual competencies Signup and view all the answers

What is external recruitment?

Recruiting people from outside the organization Signup and view all the answers

What is the primary purpose of orienting and training new employees?

To help new employees adjust to the organization Signup and view all the answers

What is the main purpose of managing compensation and pay?

To determine the salary range for a job Signup and view all the answers

What is the primary goal of building employee commitment?

To create a positive work environment Signup and view all the answers