Introduction to Human Resource Management Importance

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Questions and Answers

What is the main role of HR in the strategic partner role?

  • Conducting performance appraisals
  • Creating individual employee development plans
  • Administering daily tasks for employees
  • Developing and accomplishing organization-wide strategic plans and objectives (correct)

How has HR been adapting to technological trends?

  • By reducing the number of remote employees
  • By increasing the number of physical team building activities
  • By avoiding data-driven strategies
  • By incorporating AI tools for better efficiency (correct)

What is a key advantage of using data-driven strategies in HR?

  • It removes the need for meaningful decisions
  • It is time-consuming and inefficient
  • It increases guesswork in decision-making
  • It provides meaningful decisions backed up by records and information (correct)

How have companies adapted to the increase in remote work?

<p>By incorporating virtual team building activities (B)</p> Signup and view all the answers

What is a primary benefit of automation of tasks for HR professionals?

<p>It frees up time and energy for other important tasks (A)</p> Signup and view all the answers

What does the HR professional's role as a Change Champion highlight?

<p>Knowledge and ability to execute successful change strategies (A)</p> Signup and view all the answers

What does Steve Wynn, CEO of Wynn Resorts Ltd., emphasize about Human Resources?

<p>It is a crucial aspect that drives business operations. (B)</p> Signup and view all the answers

What makes people the most valuable asset for an organization in terms of competitive advantage?

<p>Materials and facilities-based resources (D)</p> Signup and view all the answers

What is the primary focus of Human Resource Management (HRM) as defined in the text?

<p>Training and developing employees (C)</p> Signup and view all the answers

How does effective management of people contribute to organizational success based on the text?

<p>Improves productivity and decision-making (B)</p> Signup and view all the answers

In what way do human resources contribute to building relationships within an organization?

<p>By promoting teamwork and collaboration (D)</p> Signup and view all the answers

What are some responsibilities of Human Resource Management (HRM)?

<p>Training employees and formulating retention strategies (B)</p> Signup and view all the answers

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