Podcast
Questions and Answers
What is the primary role of the Human Resource Management (HRM) function within a business?
What is the primary role of the Human Resource Management (HRM) function within a business?
- To manage the effectiveness and efficiency of people and people-related activities. (correct)
- To develop and implement marketing strategies.
- To oversee the company's financial performance and investments.
- To handle the company's legal affairs and compliance.
How has the role of HRM evolved with the introduction of technology?
How has the role of HRM evolved with the introduction of technology?
- It has shifted towards a more strategic role. (correct)
- It has remained primarily an administrative function.
- It has become obsolete due to automation.
- It has become more focused on administrative tasks.
What characterizes current HRM practices in the context of the Fourth Industrial Revolution?
What characterizes current HRM practices in the context of the Fourth Industrial Revolution?
- A reduced reliance on technology.
- A decreased need for skilled HR professionals.
- A focus on traditional administrative tasks.
- The use of sophisticated technologies and digitization. (correct)
Why is it important for HR professionals to equip themselves with new skills and competencies in the era of Industry 4.0?
Why is it important for HR professionals to equip themselves with new skills and competencies in the era of Industry 4.0?
What is the main objective of HRM concerning employee productivity?
What is the main objective of HRM concerning employee productivity?
How does viewing HRM as a support function contribute to an organization's success?
How does viewing HRM as a support function contribute to an organization's success?
Which of the following best describes the impact of the Fourth Industrial Revolution on HRM?
Which of the following best describes the impact of the Fourth Industrial Revolution on HRM?
What shift in focus has technology enabled for HR practitioners?
What shift in focus has technology enabled for HR practitioners?
In the context of HRM, what does 'managing the effectiveness and efficiency of people' primarily involve?
In the context of HRM, what does 'managing the effectiveness and efficiency of people' primarily involve?
What is a key characteristic of the 'deliberate approach' in HRM?
What is a key characteristic of the 'deliberate approach' in HRM?
What does the concept of Industry 4.0 primarily emphasize?
What does the concept of Industry 4.0 primarily emphasize?
How does HRM contribute to achieving an organization's objectives?
How does HRM contribute to achieving an organization's objectives?
What is the significance of HR practitioners equipping themselves with the 'right skills and competencies'?
What is the significance of HR practitioners equipping themselves with the 'right skills and competencies'?
Which of the following is NOT a typical characteristic of modern HRM, considering the impact of technology?
Which of the following is NOT a typical characteristic of modern HRM, considering the impact of technology?
How does the administrative aspect of HRM relate to its strategic role?
How does the administrative aspect of HRM relate to its strategic role?
Which activity is least aligned with a strategic approach to HRM?
Which activity is least aligned with a strategic approach to HRM?
What does it mean for HRM to take a 'deliberate approach'?
What does it mean for HRM to take a 'deliberate approach'?
What is the main impact of the Fourth Industrial Revolution on the skills required for HR professionals?
What is the main impact of the Fourth Industrial Revolution on the skills required for HR professionals?
Which of these scenarios best illustrates HRM functioning as a support function?
Which of these scenarios best illustrates HRM functioning as a support function?
How does digitization influence the role of HR?
How does digitization influence the role of HR?
Flashcards
Human Resource Management (HRM)
Human Resource Management (HRM)
The business function that manages the effectiveness and efficiency of people and people-related activities within the organization, aiming to strategically help the organization achieve its objectives.
HRM Definition
HRM Definition
Activities associated with the management of employment relationships within a company.
HRM perspective
HRM perspective
A conscious method to optimize productivity and retain effective employees.
Current HRM practice
Current HRM practice
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Fourth Industrial Revolution (4IR) impact
Fourth Industrial Revolution (4IR) impact
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Study Notes
- Human Resource Management (HRM) manages the effectiveness and efficiency of people and people-related activities within an organization.
- HRM is a support function that strategically helps the organization achieve its objectives.
- HRM includes activities associated with the management of employment relationships in the firm.
- HRM aims to achieve desired productivity while maintaining effective employees.
- Technology has reduced HRM's administrative activities, enabling HR practitioners to be more strategic.
- Current HRM practice is characterized by sophisticated technologies and digitization.
- The Fourth Industrial Revolution (4IR or Industry 4.0) requires HR professionals to equip themselves with the right skills and competencies.
- The rise of the 4IR is a turning point in how organizations and people function.
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