Human Resource Management (HRM) MCQs

✅ The correct answer is option C.
Job analysis produces Job specifications, regardless of the technique used. One of the main purposes of conducting job analysis is to prepare job descriptions and job specifications which in turn helps hire the right quality of workforce into an organization.

✅ The correct answer is option B.
The area from which applicants can be recruited is labour markets. The labor market, also known as the job market, refers to the supply and demand for labor in which employees provide the supply and employers the demand. It is a major component of any economy and is intricately tied in with markets for capital, goods and services.

✅ The correct answer is option A.
High potential employees can be developed for future positions by internal training. Successful internal training identifies the exact skills and knowledge that participants need to succeed in their jobs. It also prepares employees for success in their next job. Internal training is presented in the language and terminology that participants understand and can relate to.

✅ The correct answer is option D.
The Assessment method is not a job evaluation method. A business assessment helps you to achieve your company’s goals, to expand and grow your business in a smart and strategic way. As the company owner, you have to be aware of the strengths and weaknesses of your company.

✅ The correct answer is option D.
Human resource management is the formal part of an organisation responsible for all of the following aspects of the management of human resources except management of the Organisation’s finances. Finance is defined as the management of money and includes activities like investing, borrowing, lending, budgeting, saving, and forecasting. Corporate finance also includes the tools and analysis utilized to prioritize and distribute financial resources.

✅ The correct answer is option C.
To address the challenges and opportunities they face organisations engage in a process of strategic management. Strategic management is long-term focused and composed of organisational strategy, including strategy formulation and implementation. Strategic human resource management is the practice of attracting, developing, rewarding, and retaining employees for the benefit of both the employees as individuals and the organization as a whole.

✅ The correct answer is option C.
Procurement is an example of operative function of HR managers. Procurement deals with the sourcing activities, negotiation and strategic selection of goods and services that are usually of importance to an organization. Purchasing is the process of how goods and services are ordered.

✅ The correct answer is option B.
The last step in the e-selection process is train the employees that will be responsible for the administration of the process. It is a procedure of matching organizational requirements with the skills and qualifications of people. Employee Selection is the process of choosing individuals who have relevant qualifications to fill jobs in an organization.

✅ The correct answer is option D.
The Michigan Model emphasis the Selection, appraisal, rewards and human resource development and their inter-relates. The Michigan model is ‘hard’ HRM because it is based on strategic control, organisational structure, and systems for managing people. It acknowledges the central importance of motivating and rewarding people, but concentrates most on managing human assets to achieve strategic goals.

✅ The correct answer is option A.
HR Department maintains Employee records. One of the primary responsibilities of the HR department is to maintain employee records and regularly keep them updated. It is not just a good practice but it is also made mandatory by the law. These records help companies gather and analyze comprehensive information about their workforce at a micro as well as macro level.