SHRM Quiz 1

--------------------is the resources which provide utility value for all other resources

• Man

• Machine

• Material

• Money

-----------------------is the framework defined by HR department to manage HR activities systematically

• HR goals

• HR objectives

• HR policies

• HR strategies

Strategic human resource management aims to achieve competitive advantage in the market through

• Price

• Product

• People

• Process

SHRM mould the human resource in such a way to attain the------------------

• Profit

• Individual Goal

• Organizational Goal

• Market share

Which of the following is closely associated with strategic human resource management

• Efficient utilization of human resources

• Attracting the best human resources

• Providing the best possible training

• All of the above

The process of using the present and past conditions for analyzing future aspects is

• Forecasting

• Term analysis

• Expectation analysis

• All of the above

The competitive advantage in the form of human capital of organization is considered as-----------

• SHRM

• Workforce management

• Efficiency management

• Effectively Management

The means by the organization used to manage the demand and supply of human capital------------------

• Demand management strategy

• Supply Management Strategy

• Human Resource strategies

• All of the above

The capability of an organization which helps it gaining competitive advantage over its competitors

• Managerial competency

• Core competency

• Workforce Specialty

• Organizational Competency

In strategic human resource management, HR strategies are generally aligned with---------------------

• business strategy

• marketing strategies

• Finance strategies

• Economic strategies