Risk Management

Which theory emphasizes the importance of managing HR-related risks to maximize the value of employees' skills and knowledge?

• Stakeholder Theory

• Human Capital Theory

• SWOT Analysis

• COSO ERM Framework

According to Stakeholder Theory, who should organizations consider in their decision-making processes?

• Only shareholders

• Only employees

• Only customers

• All stakeholders, including employees, customers, shareholders, etc.

What is the primary goal of ensuring legal and regulatory compliance in HR?

• To increase employee morale

• To avoid legal penalties and liabilities

• To improve workplace safety

• To enhance data privacy and security

Which of the following is NOT a key aspect of employee relations management?

• Creating open communication channels

• Providing fair treatment to employees

• Addressing employee concerns promptly

• Implementing strict performance management systems

What is the purpose of conducting safety assessments in the workplace?

• To identify potential hazards and risks

• To train employees on safety protocols

• To reduce the risk of accidents and injuries

• All of the above

What is the primary goal of data privacy and security in HR?

• To prevent data breaches and unauthorized access

• To improve employee productivity

• To reduce employee turnover

• To enhance workplace diversity

Which of the following is NOT a benefit of promoting ethical conduct in the workplace?

• Preventing misconduct and discrimination

• Increasing employee turnover

• Establishing trust with stakeholders

• Enhancing the organization's reputation

What is the primary purpose of change management in HR?

• To ensure smooth transitions during organizational changes

• To identify potential failures in HR processes

• To promote workplace diversity

• To conduct HR audits

Which of the following is NOT a potential HR technology risk?

• Data loss

• System failures

• Cybersecurity threats

• Employee engagement issues

What is the primary goal of fostering workplace diversity and inclusion?

• To reduce employee turnover

• To improve employee morale

• To mitigate risks associated with cultural misunderstandings and discrimination

• To enhance data privacy and security