Tag: business studies

Quizzes (322) Questions (660)

Questions Related to business studies

Multiple choice aspects of staffing staffing functions of management organization of commerce and management business studies

A job specification is defined as ______________.

  1. scientific vocational selection

  2. catalogue of various qualities which a person doing a job should possess

  3. the right type of men should be put on different positions in a concern

  4. none of the above
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

When there is a vacancy for any position in the business, the firm intends to fill this position through internal or external source of recruitment. when the employer takes out vacancy, it specifies the kind of work, qualifications, experience and other qualities required in the employee. This is known as job specification. This is made to get the best applications to choose from for the position. 

Multiple choice aspects of staffing staffing functions of management organization of commerce and management business studies

HR Department maintains ________ records.

  1. Employee

  2. Sales

  3. Production

  4. Inventory
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Human resource department deals with effective management of the employees. It records everything about the employees, their performance, skills, kind of job performed, contribution to growth, decisions taken, etc. Evaluating these the managers decides about the salary and wages, increment and promotion, requirement of skills for the performing a task. 

Multiple choice aspects of staffing staffing functions of management organization of commerce and management business studies

Why might there be some difficulty in identifying and applying the best-practice approach to HRM in organizations?

  1. Because the best-practice approach tends to be resource-intensive

  2. Because there are many variations in the literature and empirical research as to what constitutes best-practice

  3. Because the best-practice approach would not fit the cost-reduction driven strategies favoured by many short term economies.

  4. Because the best-practice approach does not emphasize the individual business context.
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Best practice method claims that there is a certain bunch of activities that the HR performs which is universally accepted for getting a competitive advantage irrespective of the organisational settings. 

In this method common methods are followed which are used by businesses with huge resources, the capacity to arrange for and use such amount of resources is not possible for all the organisations. It works on the principle of "one size fits all" which does not fit the need of the employees and the strategies of the organisation. 

Multiple choice aspects of staffing staffing functions of management organization of commerce and management business studies

The human resources in an organization are best described as the ones who ______.

  1. justify their pay and benefits

  2. design and deliver products and services to customers

  3. are hard to quantify in terms of costs and benefits

  4. usually regarded as expenses by financial managers
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Human resources are the individuals who apply their skills, knowledge, and effort to design, create, and deliver the products and services that an organization provides to its customers.

Multiple choice aspects of staffing staffing functions of management organization of commerce and management business studies

The human resource approach to people management utilized a number of principles that differentiated it from other approaches. Which principles are considered the basis for the human resource approach?

  1. Employees are investments that if effectively managed and developed can provide long term rewards to a company.

  2. Policies, programmes and practices must be created that satisfy both the economic and emotional needs of employees

  3. A working environment must be created that encourages employees to develop and utilize their skills

  4. All of the above
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The human resource approach treats employees as valuable assets, emphasizes satisfying both economic and emotional needs, and focuses on creating environments that foster skill development.

Multiple choice aspects of staffing staffing functions of management organization of commerce and management business studies

Personnel department is concerned with _________.

  1. manpower planning

  2. development of the organization

  3. training of employees

  4. both a & c
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The personnel department is traditionally responsible for manpower planning and the training/development of employees to ensure the organization has the right talent.

Multiple choice aspects of staffing staffing functions of management organization of commerce and management business studies

The demerits of HRM are __________.

  1. process due to surplus

  2. process being time consuming

  3. percussive function

  4. both a & b
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The demerits of HRM include processes that can be time-consuming and dealing with surplus workforce situations (layoffs, downsizing). Both are significant drawbacks of formal HRM systems. 'Percussive function' is not a recognized HRM term and appears to be a typo or garbled text.