Introduction to Human Resource Management (HRM)

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What is the main responsibility of human resource management (HRM)?

Achieving financial strength for the organization

Maximizing the satisfaction of consumers

Improving the net asset of the organization

Utilizing existing human resources effectively and efficiently (correct)

Which department is responsible for achieving the organization's goals and targets by using scarce resources?

Production management

Marketing management

Human resource management (correct)

Financial management

What is the primary focus of human resource management in an organization?

Maximizing the satisfaction of consumers

Improving the welfare of workers (correct)

Creating targets for the organization

Increasing the share of the market

What are the special features of human resources as mentioned in the text?

They can take decisions regarding organization Signup and view all the answers

What is the most important scarce resource for an organization, according to the text?

Human resources Signup and view all the answers

What is one of the main considerations of Human Resource Management (HRM) according to the text?

Improving the quality and productivity of workers Signup and view all the answers

How can reducing the effort of workers contribute to an organization's production?

By increasing the number of production Signup and view all the answers

What does the text recommend as a method to measure workers' efficiency?

Evaluating workers' performance Signup and view all the answers

How can the productivity of workers be improved according to the text?

By improving the quality of the workers Signup and view all the answers

What is one of the main goals of reducing the waste of production according to the text?

Improving the quality and efficiency of workers Signup and view all the answers

What is the main purpose of using the Delphi system in forecasting future labour demand?

To collect expert views and knowledge to forecast future labour demand Signup and view all the answers

How does the informal expression system differ from the formal special methodology in forecasting future labour demand?

It relies on a scientific methodology Signup and view all the answers

What is the significance of estimating the future labour supply for an organization?

To identify the major types of supply sources for an organization Signup and view all the answers

What method does HRM use to produce the forecast for future human resource demand in numbers?

Projection system Signup and view all the answers

What factor does the unitary expressions technique focus on in forecasting future labour demand?

Department-wise demand forecast Signup and view all the answers

What is the primary purpose of manpower planning?

To forecast future labour demand Signup and view all the answers

Why do some organizations not engage in manpower planning?

They take the decision at that point without planning Signup and view all the answers

What does manpower planning help to achieve in an organization?

Create strategic management and objectives Signup and view all the answers

What is one of the advantages of manpower planning mentioned in the text?

Help to develop the labour force with skills Signup and view all the answers

What is one of the major activities included in manpower planning process?

Evaluate manpower plan in process Signup and view all the answers