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Questions and Answers
What is the main purpose of performance management in Human Resources Management?
What is the main purpose of performance management in Human Resources Management?
- To identify training needs
- To ensure compliance with labor laws
- To assess employee job satisfaction
- To evaluate employee performance (correct)
Which of the following is an example of an HR metric?
Which of the following is an example of an HR metric?
- Market share
- Number of employees hired (correct)
- Revenue growth rate
- Customer satisfaction score
Which of the following is NOT a primary function of Human Resources Management?
Which of the following is NOT a primary function of Human Resources Management?
- Product development (correct)
- Performance management
- Employee training and development
- Recruitment and selection
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Study Notes
Performance Management in HRM
- The main purpose of performance management in Human Resources Management is to evaluate employee performance, identify areas for improvement, and develop employees to achieve organizational goals.
HR Metrics
- An example of an HR metric is employee turnover rate, which measures the percentage of employees who leave the organization within a specific period.
Primary Functions of HRM
- The primary functions of Human Resources Management include recruitment and selection, training and development, performance management, compensation and benefits, and employee relations.
- Note: The primary functions of HRM do not include accounting or financial management.
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