Introduction to Human Resource Management Quiz

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Questions and Answers

What is the term used to describe the knowledge, skills, and abilities of individuals in Human Resource Management?

Knowledge, Skills, and Abilities (KSA)

What is the main concern expressed by Narayana Murthy in the text?

Retaining human assets

What type of capital/resource is described as 'What you know' in the text?

Human capital

What is the term suggested in the text as a better alternative to 'resources' when referring to human resources?

Human Capital Management Signup and view all the answers

What does HRM encompass?

Planning, organizing, and controlling the procurement, development, and maintenance of human resources Signup and view all the answers

What is human capital composed of?

Social, emotional, and intellectual elements Signup and view all the answers

What is the main focus of HRM?

Managing people at work and developing an effective workforce Signup and view all the answers

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

KSAs (Knowledge, Skills, and Abilities) Signup and view all the answers

How does HRM differ from personnel management?

HRM has a strategic approach and focuses on people management, while personnel management focuses on administrative functions Signup and view all the answers

What does soft HRM emphasize?

Human relations, motivation, and leadership Signup and view all the answers

What does HRD encompass?

Enhancing employees' potential Signup and view all the answers

What are the functions of HRM?

Acquiring, training, appraising, compensating, and other HR processes, policies, technology, and metrics Signup and view all the answers

What is the main emphasis of HRM?

Managing people and achieving organizational and employee goal achievement Signup and view all the answers

What is the focus of HRM features?

Managing people, harmonious relations, and being a continuous, dynamic, universal, strategic, future-oriented, and multidisciplinary function Signup and view all the answers

What does hard HRM view employees as?

A commodity Signup and view all the answers

What is HRD broader than HRM in terms of?

Enhancing employees' potential Signup and view all the answers

What is the nature of Human Resource Management (HRM) according to the text?

It is linked to people and creates value when used judiciously Signup and view all the answers

What is the problem with 'resources'?

They get exhausted, but if used judiciously, they create value Signup and view all the answers

What does Narayana Murthy's quote 'Our assets walk out of the door each evening. We have to make sure that they come back the next morning' imply?

The importance of retaining and valuing human resources Signup and view all the answers

What is human resource management linked to?

Creating value when used judiciously Signup and view all the answers

What does HRM strategically manage to achieve competitive advantage?

Employment relations Signup and view all the answers

What is a critical factor of production alongside HRM?

Land Signup and view all the answers

What is the main purpose of HRM in an organization?

To achieve organizational objectives Signup and view all the answers

What aspect of the workforce does human capital encompass?

Social and emotional elements Signup and view all the answers

What does HRM aim to bring together and develop?

An effective workforce Signup and view all the answers

What are KSAs used for in HRM?

Assessing training needs Signup and view all the answers

Which of the following is NOT a feature of HRM?

Being a static function Signup and view all the answers

Which function is NOT included in HRM?

Cost-cutting Signup and view all the answers

What is the focus of personnel management as opposed to HRM?

Maintaining personnel records Signup and view all the answers

What does soft HRM emphasize?

Human relations Signup and view all the answers

How does HRM differ from Human Resource Development (HRD)?

HRM encompasses a broader range of functions Signup and view all the answers

Which of these is not typically considered a part of HRM?

Setting product prices Signup and view all the answers

What does soft HRM emphasize?

Human relations, motivation, and leadership Signup and view all the answers

What does hard HRM view employees as?

A commodity Signup and view all the answers

What is the main emphasis of HRM?

Managing people at work Signup and view all the answers

What is human capital composed of?

Social, emotional, and intellectual elements Signup and view all the answers

What does HRD encompass?

Enhancing employees' potential Signup and view all the answers

What type of capital/resource is described as 'What you know' in the text?

Human capital Signup and view all the answers

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

KSAs (Knowledge, Skills, and Abilities) Signup and view all the answers

What is the focus of HRM features?

Managing people, harmonious relations, and strategic approach Signup and view all the answers

What is the nature of Human Resource Management (HRM) according to the text?

Continuous, dynamic, universal, strategic, future-oriented, and multidisciplinary Signup and view all the answers

What is HRD broader than HRM in terms of?

Enhancing employees' potential Signup and view all the answers

What does HRM encompass?

Acquiring, training, appraising, compensating, labor relations, health, safety, and fairness concerns Signup and view all the answers

How does HRM differ from personnel management?

HRM has a strategic approach and focuses on people management, while personnel management focuses on administrative functions Signup and view all the answers

What are the main objectives of Human Resource Management (HRM) as per the text?

Societal, Organizational, Functional, Personal Signup and view all the answers

What does HRM aim to achieve in terms of personal objectives?

Assist employees in achieving their personal goals to enhance their contribution to the organization Signup and view all the answers

What is the focus of HRM Functional Objectives according to the text?

To maintain the department’s contribution at a level appropriate to the organization’s needs Signup and view all the answers

What is the primary aim of HRM as per the text?

To be ethically and socially responsive to the needs and challenges of the society while minimizing the negative impact of such demands on the organization Signup and view all the answers

What is one of the questions the HR Director needs to answer when setting up a new HR organizational structure?

What are the real needs of the internal customers? Signup and view all the answers

Which of the following is a characteristic of companies with bad HR policies, as mentioned in the text?

Experience high turnover (Attrition) Signup and view all the answers

What are the principles of Human Resources Management summarized in 10C’s?

Comprehensiveness, Cost-effectiveness, Control Signup and view all the answers

What is one of the principles of HRM mentioned in the text?

Focus on the situation, issue, or behavior, not on the person Signup and view all the answers

What is one of the key aspects of HRM mentioned in the text?

Attract and retain talent Signup and view all the answers

What is a critical factor in identifying and developing people, as mentioned in the text?

Developing a communication system Signup and view all the answers

What is one of the functions of HRM, as highlighted in the text?

Developing loyalty and commitment Signup and view all the answers

What is the focus of the 10C’s in HRM principles?

Guiding aspects essential for business success 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.

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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Introduction to Human Resource Management Quiz

Questions and Answers

What is the term used to describe the knowledge, skills, and abilities of individuals in Human Resource Management?

What is the main concern expressed by Narayana Murthy in the text?

What type of capital/resource is described as 'What you know' in the text?

What is the term suggested in the text as a better alternative to 'resources' when referring to human resources?

What does HRM encompass?

What is human capital composed of?

What is the main focus of HRM?

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

How does HRM differ from personnel management?

What does soft HRM emphasize?

What does HRD encompass?

What are the functions of HRM?

What is the main emphasis of HRM?

What is the focus of HRM features?

What does hard HRM view employees as?

What is HRD broader than HRM in terms of?

What is the nature of Human Resource Management (HRM) according to the text?

What is the problem with 'resources'?

What does Narayana Murthy's quote 'Our assets walk out of the door each evening. We have to make sure that they come back the next morning' imply?

What is human resource management linked to?

What does HRM strategically manage to achieve competitive advantage?

What is a critical factor of production alongside HRM?

What is the main purpose of HRM in an organization?

What aspect of the workforce does human capital encompass?

What does HRM aim to bring together and develop?

What are KSAs used for in HRM?

Which of the following is NOT a feature of HRM?

Which function is NOT included in HRM?

What is the focus of personnel management as opposed to HRM?

What does soft HRM emphasize?

How does HRM differ from Human Resource Development (HRD)?

Which of these is not typically considered a part of HRM?

What does soft HRM emphasize?

What does hard HRM view employees as?

What is the main emphasis of HRM?

What is human capital composed of?

What does HRD encompass?

What type of capital/resource is described as 'What you know' in the text?

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

What is the focus of HRM features?

What is the nature of Human Resource Management (HRM) according to the text?

What is HRD broader than HRM in terms of?

What does HRM encompass?

How does HRM differ from personnel management?

What are the main objectives of Human Resource Management (HRM) as per the text?

What does HRM aim to achieve in terms of personal objectives?

What is the focus of HRM Functional Objectives according to the text?

What is the primary aim of HRM as per the text?

What is one of the questions the HR Director needs to answer when setting up a new HR organizational structure?

Which of the following is a characteristic of companies with bad HR policies, as mentioned in the text?

What are the principles of Human Resources Management summarized in 10C’s?

What is one of the principles of HRM mentioned in the text?

What is one of the key aspects of HRM mentioned in the text?

What is a critical factor in identifying and developing people, as mentioned in the text?

What is one of the functions of HRM, as highlighted in the text?

What is the focus of the 10C’s in HRM principles?

Study Notes

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