Quizs: Unit 2 HRM

What is a Workforce Audit?

• Evaluating employee performance reviews.

• Checking the skills and qualifications of current employees and managers.

• Assessing the company's financial health.

• Conducting market research for hiring needs.

What is Multi-skilling?

• Training employees in multiple skills for more flexibility.

• A method of evaluating employee performance.

• A strategy for reducing workforce size.

• A technique for improving employee morale.

What is Human Resource Management (HRM)?

• The process of hiring and firing employees.

• The strategic approach to managing employees so they help the business succeed.

• A method for tracking employee attendance.

• A system for managing payroll and benefits.

What is Empowerment in the workplace?

• Providing employees with the skills, resources, authority, and opportunities to make decisions and be responsible for their work.

• Limiting employee decision-making to enhance efficiency.

• Encouraging employees to work independently without guidance.

• Offering financial incentives to boost employee morale.

What is Piece Rate?

• Payment to a worker for each unit produced.

• A fixed salary paid monthly.

• Payment based on the number of hours worked.

• A bonus for exceeding production targets.

What is a Resume?

• A detailed account of all job experiences and education.

• A shorter document summarizing work experience, education, and skills relevant to the job.

• A list of references and personal achievements.

• A comprehensive guide to interview techniques.

What is Employee Participation?

• Actively involving employees in decision-making within the company.

• Allowing employees to work independently without guidance.

• Providing employees with minimal input on company policies.

• Encouraging employees to take breaks during work hours.

What are Fringe Benefits?

• Additional perks given by an employer, separate from regular pay.

• A type of salary increase based on performance.

• Mandatory payments made to government for employee benefits.

• A bonus given at the end of the year based on company profits.

What is Theory X?

• A management style that assumes employees are self-motivated and thrive on responsibility.

• The belief that some managers hold, thinking employees are lazy, need constant supervision, and are motivated by fear.

• A theory that suggests employees are primarily motivated by financial incentives and rewards.

• A leadership approach that encourages teamwork and collaboration among employees.

What is a Reference in the context of job applications?

• A document listing an applicant's education history.

• A recommendation or comment about an applicant’s character or past work performance.

• A summary of the applicant's skills and qualifications.

• A form that applicants fill out during the interview process.