Podcast
Questions and Answers
Which of the following statements is true about human resource management in small firms?
Which of the following statements is true about human resource management in small firms?
- HR traps for SMEs are only found in legal environments
- HRM in small firms is formal
- Owners must personally deal with HR issues in small firms (correct)
- HR planning is not linked to successful growth in small firms
What is one of the risks associated with micro management?
What is one of the risks associated with micro management?
- Being results oriented
- Flexibility
- Establishing SMARTER goals
- Delegation and team building (correct)
According to the longitudinal study mentioned, when does formal HR policy typically emerge in start-up firms?
According to the longitudinal study mentioned, when does formal HR policy typically emerge in start-up firms?
- When the firm becomes a manufacturer
- When the firm has 576 employees
- When turnover exceeds US$10 million (correct)
- When the firm reaches a certain age
What is the significance of higher levels of group culture in a firm?
What is the significance of higher levels of group culture in a firm?
When does formal HRM become necessary in firms?
When does formal HRM become necessary in firms?
Which of the following is responsible for ensuring that the goods they supply comply with mandatory safety standards?
Which of the following is responsible for ensuring that the goods they supply comply with mandatory safety standards?
Which type of insurance covers the liability of a business for injuries or damage caused to third parties?
Which type of insurance covers the liability of a business for injuries or damage caused to third parties?
Which firms are generally exempt from the Privacy Act if their turnover is less than $3 million?
Which firms are generally exempt from the Privacy Act if their turnover is less than $3 million?
Which of the following is NOT a condition for a contract to be legally binding?
Which of the following is NOT a condition for a contract to be legally binding?
Which type of insurance covers the liability of professionals for any errors or omissions in their work?
Which type of insurance covers the liability of professionals for any errors or omissions in their work?
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