Introduction to Human Resource Management Quiz
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Questions and Answers

What does HRM encompass?

  • Only acquiring and training employees
  • Focusing on capital and machinery
  • Exclusively administrative functions
  • Planning, organizing, and controlling the procurement, development, and maintenance of human resources (correct)

    • What is human capital composed of?

  • Physical strength only
  • Material resources
  • Financial resources
  • Social, emotional, and intellectual elements (correct)

    • What distinguishes HRM from personnel management?

  • HRM focuses on administrative functions
  • Personnel management is future-oriented
  • HRM has a strategic approach and focuses on people management (correct)
  • Personnel management encompasses acquiring, training, appraising, and compensating

    • What is the focus of soft HRM?

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

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

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

    What does HRM aim to achieve in managing people at work?

    <p>Bringing together and developing an effective workforce while considering individual and group well-being</p> Signup and view all the answers

    What do HRM functions include?

    <p>Acquiring, training, appraising, compensating, and other HR processes</p> Signup and view all the answers

    What is the emphasis of hard HRM?

    <p>Views employees as a commodity</p> Signup and view all the answers

    What is the scope of HRD programs?

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

    What does HRM feature in its functions?

    <p>Harmonious relations and being a continuous, dynamic, universal, strategic, future-oriented, and multidisciplinary function</p> Signup and view all the answers

    What is HRM linked to, making it something special?

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

    According to Narayana Murthy, what walks out of the door each evening?

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

    What does HRM create value if used judiciously?

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

    What is a better term for 'resources' according to the text?

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

    What is human capital linked to?

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

    What is the emphasis of Human Resource Management?

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

    What is the problem with 'resources' according to the text?

    <p>They get exhausted</p> Signup and view all the answers

    What is something special about human resource as mentioned in the text?

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

    What does human resource management aim to ensure according to the text?

    <p>People come back the next morning</p> Signup and view all the answers

    What does human resource management use as a reference point according to the text?

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

    What does HRM stand for?

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

    What is the nature/feature of HRM?

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

    What is the problem with 'resources' according to the text?

    <p>They get exhausted</p> Signup and view all the answers

    What is the better term suggested for 'resources' in the context of Human Resource Management?

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

    What are the four types of capital/resources in any business?

    <p>Economic capital, Social capital, Psychological capital, Human capital</p> Signup and view all the answers

    What is the quote by Narayana Murthy emphasizing?

    <p>The importance of ensuring the return of assets</p> Signup and view all the answers

    What is the difference between material resources and human resources according to the text?

    <p>Material resources depreciate while human resources appreciate</p> Signup and view all the answers

    What does KSA stand for in the context of HRM?

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

    What are the 3 Ps related to HRM?

    <p>People, Processes, Performance</p> Signup and view all the answers

    What is the quote by Narayana Murthy highlighting?

    <p>The importance of managing human assets</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.

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    Related Documents

    Unit 3 Session 1.pptx

    Description

    Test your knowledge of Human Resource Management with this introductory quiz. Explore key concepts, functions, and strategic approaches in managing human capital to achieve organizational goals. From HRM functions to the differences between HRM and personnel management, this quiz covers essential topics in the field.

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