Human Resource Management (HRM) MCQs

✅ The correct answer is option D.
The nation wide consumer councils formed by the Government comprise of representatives of Cost account and consumer, Various ministries and Manufactures of commerce.

✅ The correct answer is option D.
The sixth step of the SHRM application tool is to evaluate the plan against success criteria. During this stage it is important to note the positive & negative effect of the actions implemented.

✅ 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.

✅ The correct answer is option D.
Average salary, Inflation indicators and Salary budget averages are included in salary survey. Salary surveys are typically conducted with numerous Organisations in a given employment sector or industry in order to determine levels of pay for specific job groups or classifications.

✅ The correct answer is option A.
Formulating and executing HR systems that produce employee competencies and behaviors needed to achieve the company’s strategic aims is Strategic HR Management. 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. As a result, the goals of a human resource department reflect and support the goals of the rest of the organization.

✅ 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 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.