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Human Resource Management Fundamentals Quiz

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Questions and Answers

What are the four learning objectives of the Introduction to Human Resource Management?

Scope of HRM, Integration of Objectives, Evolution of HRM, Organization of HRM

What are the societal objectives of Human Resource Management?

Being ethically and socially responsive to the needs of society while minimizing negative impact on the organization

What are the organizational objectives of Human Resource Management?

Recognizing the role of HRM in bringing about organizational effectiveness

What are the functional objectives of Human Resource Management?

<p>Maintaining the department’s contribution at a level appropriate to the organization’s needs</p> Signup and view all the answers

What are the personal objectives of Human Resource Management?

<p>Assisting employees in achieving their personal goals to enhance their contribution to the organization</p> Signup and view all the answers

What is the aim of HRM?

<p>To aim at specific objectives such as societal, organizational, functional, and personal objectives</p> Signup and view all the answers

What is the focus of functional objectives in HRM?

<p>Maintaining the department’s contribution at a level appropriate to the organization’s needs</p> Signup and view all the answers

How does HRM aim to assist employees in achieving their personal goals?

<p>At least insofar as the goals enhance the individual’s contribution to the organization</p> Signup and view all the answers

What is the role of HRM in bringing about organizational effectiveness?

<p>Recognizing and addressing the role of HRM in organizational effectiveness</p> Signup and view all the answers

What are the learning objectives of the Introduction to Human Resource Management?

<p>Scope of HRM, Integration of Objectives, Evolution of HRM, Organization of HRM</p> Signup and view all the answers

What are the questions to be answered when the HR Director sets up a new HR Organizational Structure?

<p>Real needs of internal customers, costs, HRM intervention, future development</p> Signup and view all the answers

What are some principles of Human Resources Management summarized in 10C’s?

<p>Comprehensiveness, Cost-effectiveness, Control, Coherence</p> Signup and view all the answers

What are the consequences of companies with bad HR policies as mentioned in the text?

<p>High turnover, unproductive employees, unfair labor practices</p> Signup and view all the answers

What are some aspects essential for any business to succeed in Human Resource Management?

<p>Comprehensiveness, Cost-effectiveness, Control, Coherence</p> Signup and view all the answers

What are some key responsibilities of HRM as mentioned in the text?

<p>Attract and retain talent, train people for challenging roles, develop skills and competencies</p> Signup and view all the answers

What are the potential consequences of identifying and developing people, as per the text?

<p>Increased productivity and profits, improved job satisfaction, enhanced standard of living</p> Signup and view all the answers

What are the main objectives of HRM as mentioned in the text?

<p>Retaining suitable employees, creating a cohesive work culture, educating managerial personnel</p> Signup and view all the answers

What are the potential consequences of bad HR policies as mentioned in the text?

<p>High turnover, unproductive employees, unfair labor practices</p> Signup and view all the answers

What are the guiding aspects of Human Resources Management as per the text?

<p>Comprehensiveness, Cost-effectiveness, Control, Coherence</p> Signup and view all the answers

What are the potential outcomes of developing loyalty and commitment in HRM as mentioned in the text?

<p>Increased productivity and profits, improved job satisfaction, enhanced standard of living</p> Signup and view all the answers

What is the term used in the text to describe human resource as something special linked to people?

<p>Human capital</p> Signup and view all the answers

What is the nature/feature of Human Resource Management?

<p>It is linked to people</p> Signup and view all the answers

What is the quote mentioned in the text related to human resources walking out of the door each evening?

<p>Our assets walk out of the door each evening. We have to make sure that they come back the next morning. --- Narayana Murthy</p> Signup and view all the answers

What is the term used in the text to describe the problem with 'resources' and the suggestion for a better term?

<p>Human Capital Management</p> Signup and view all the answers

Which element is NOT considered a part of human capital?

<p>Financial investment</p> Signup and view all the answers

What is the primary reference point HRM uses in hiring scenarios?

<p>KSAs</p> Signup and view all the answers

What does HRM stand for?

<p>Human Resources Management</p> Signup and view all the answers

Which of the following is NOT a feature of HRM?

<p>Static function</p> Signup and view all the answers

What is the main difference between Personnel Management and HRM?

<p>Personnel Management maintains personnel records.</p> Signup and view all the answers

What does 'soft HRM' emphasize?

<p>Human relations</p> Signup and view all the answers

Which aspect is broader, HRM or HRD?

<p>HRM</p> Signup and view all the answers

What does HRD aim to enhance?

<p>Employee potential</p> Signup and view all the answers

Which of the following is NOT a function of HRM?

<p>Product manufacturing</p> Signup and view all the answers

What does HRM aim to integrate in its strategic approach?

<p>Employment relations</p> Signup and view all the answers

Which of the following is NOT a concern of HRM?

<p>Stock investments</p> Signup and view all the answers

What perspective does 'hard HRM' take on employees?

<p>As a commodity</p> Signup and view all the answers

What does human capital comprise in the context of HRM?

<p>Social, emotional, and intellectual elements</p> Signup and view all the answers

What is a primary goal of HRM?

<p>To achieve organizational objectives</p> Signup and view all the answers

Which aspect is NOT emphasized in various definitions of HRM?

<p>Prioritizing machinery over human resources</p> Signup and view all the answers

What does HRM concern itself with in a workplace setting?

<p>Managing people and their well-being</p> Signup and view all the answers

What are the KSAs in HRM used for?

<p>Hiring and training scenarios</p> Signup and view all the answers

Which of the following is NOT a feature of HRM?

<p>Being a static function</p> Signup and view all the answers

What does HRM focus on compared to personnel management?

<p>Strategic approach to people management</p> Signup and view all the answers

What does soft HRM emphasize?

<p>Human relations and motivation</p> Signup and view all the answers

How does HRM differ from HRD?

<p>HRD aims to enhance employees' potential</p> Signup and view all the answers

What does HRM use to assess candidates in hiring scenarios?

<p>KSAs</p> Signup and view all the answers

Which of these is not typically a function of HRM?

<p>Direct product manufacturing</p> Signup and view all the answers

What is the perspective of hard HRM towards employees?

<p>As a commodity</p> Signup and view all the answers

What does HRM encompass in addition to land, machinery, and capital?

<p>Human capital</p> Signup and view all the answers

What does soft HRM emphasize?

<p>Employee motivation</p> Signup and view all the answers

What is the primary reference point HRM uses in hiring and training scenarios?

<p>Knowledge, Skills, and Abilities (KSAs)</p> Signup and view all the answers

What is the focus of functional objectives in HRM?

<p>Acquiring human resources</p> Signup and view all the answers

What is the nature of Human Resource Management?

<p>Universal and multidisciplinary</p> Signup and view all the answers

What is the main difference between Personnel Management and HRM?

<p>Administrative functions vs. strategic approach</p> Signup and view all the answers

What does hard HRM view employees as?

<p>Commodity</p> Signup and view all the answers

What is the aim of HRD programs?

<p>Enhancing employees' potential</p> Signup and view all the answers

What are the features of HRM according to the text?

<p>Continuous and dynamic</p> Signup and view all the answers

What is broader than Human Resource Development (HRD) as per the text?

<p>HRM</p> Signup and view all the answers

What does HRM use as a reference point in hiring and training scenarios?

<p>Knowledge, Skills, and Abilities (KSAs)</p> Signup and view all the answers

What is the strategic approach of HRM focused on achieving?

<p>Competitive advantage</p> Signup and view all the answers

Study Notes

Introduction to Human Resource Management

  • Human Resource Management (HRM) is a critical factor of production alongside land, machinery, and capital.
  • Human capital comprises social, emotional, and intellectual elements, encompassing the workforce's knowledge and skills.
  • HRM involves planning, organizing, and controlling the procurement, development, and maintenance of human resources to achieve organizational objectives.
  • Various definitions of HRM emphasize its strategic approach to managing employment relations and achieving competitive advantage through integrated employment policies and practices.
  • HRM encompasses integrated decisions that shape the employment relationship, contributing to organizational and employee goal achievement.
  • HRM is concerned with managing people at work, aiming to bring together and develop an effective workforce while considering individual and group well-being.
  • HRM uses KSAs (Knowledge, Skills, and Abilities) as a reference point in hiring and training scenarios, assessing candidates and the existing workforce's training needs.
  • HRM features include the management of people, harmonious relations, and being a continuous, dynamic, universal, strategic, future-oriented, and multidisciplinary function.
  • HRM functions include acquiring, training, appraising, compensating, and other HR processes, policies, technology, and metrics.
  • Personnel management focuses on administrative functions and maintaining personnel records, while HRM has a strategic approach and focuses on people management.
  • Soft HRM emphasizes human relations, motivation, and leadership, while hard HRM views employees as a commodity.
  • HRM is broader than Human Resource Development (HRD), as HRD programs aim to enhance employees' potential, while HRM encompasses acquiring, training, appraising, compensating, labor relations, health, safety, and fairness concerns.

Introduction to Human Resource Management

  • Human Resource Management (HRM) is a critical factor of production alongside land, machinery, and capital.
  • Human capital comprises social, emotional, and intellectual elements, encompassing the workforce's knowledge and skills.
  • HRM involves planning, organizing, and controlling the procurement, development, and maintenance of human resources to achieve organizational objectives.
  • Various definitions of HRM emphasize its strategic approach to managing employment relations and achieving competitive advantage through integrated employment policies and practices.
  • HRM encompasses integrated decisions that shape the employment relationship, contributing to organizational and employee goal achievement.
  • HRM is concerned with managing people at work, aiming to bring together and develop an effective workforce while considering individual and group well-being.
  • HRM uses KSAs (Knowledge, Skills, and Abilities) as a reference point in hiring and training scenarios, assessing candidates and the existing workforce's training needs.
  • HRM features include the management of people, harmonious relations, and being a continuous, dynamic, universal, strategic, future-oriented, and multidisciplinary function.
  • HRM functions include acquiring, training, appraising, compensating, and other HR processes, policies, technology, and metrics.
  • Personnel management focuses on administrative functions and maintaining personnel records, while HRM has a strategic approach and focuses on people management.
  • Soft HRM emphasizes human relations, motivation, and leadership, while hard HRM views employees as a commodity.
  • HRM is broader than Human Resource Development (HRD), as HRD programs aim to enhance employees' potential, while HRM encompasses acquiring, training, appraising, compensating, labor relations, health, safety, and fairness concerns.

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