Foundations Of Business Quiz: Attracting And Retaining The Best Employees

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1. The replacement chart and the skills inventory may be used for forecasting human resources supply.

Explanation

"Two useful techniques for forecasting human resources supply are the replacement chart and the skills inventory" (Pride, Hughes, & Kapoor, 2014).

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About This Quiz
Foundations Of Business Quiz: Attracting And Retaining The Best Employees - Quiz

This 10-question quiz covers the material presented in Chapter 9 of Business (Pride, Hughes, & Kapoor, 2014).
Pride, W. M., Hughes, R. J., & Kapoor, J. R. (2014).... see moreBusiness (12th Ed. ). Mason, OH: South-Western, Cengage Learning. see less

2. The three phases of HRM (human resources management) are (select the best answer):

Explanation

"As the definition implies, HRM begins with acquisition—getting people to work for the organization. The acquisition process can be quite competitive for certain types of qualified employees. Next, steps must be taken to keep these valuable resources. (After all, they are the only business resources that can leave an organization.) Finally, the human resources should be developed to their full capacity" (Pride, Hughes, & Kapoor, 2014).

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3. A performance appraisal allows managers to make objective human resources decisions.

Explanation

"Performance appraisal is the evaluation of employees’ current and potential levels of performance to allow managers to make objective human resources decisions" (Pride, Hughes, & Kapoor, 2014).

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4. A job analysis typically consists of two parts. The part that includes the duties to be performed, the working conditions, the responsibilities, and the tools and equipment that must be used on the job is known as the (select the best answer):

Explanation

"A job description is a list of the elements that make up a particular job. It includes the duties to be performed, the working conditions, the responsibilities, and the tools and equipment that must be used on the job" (Pride, Hughes, & Kapoor, 2014).

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5. The popular professional social media site where businesspeople in nearly every industry can network with their peers, showcase their credentials, research potential employers, and explore career possibilities is (select the best answer):

Explanation

"LinkedIn (www.linkedin.com) is a professionals’ social media site, an online place where businesspeople in nearly every industry can network with their peers, showcase their credentials, research potential employers, and explore career possibilities" (Pride, Hughes, & Kapoor, 2014).

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6. Legislation regarding HRM practices (check all that apply):

Explanation

"Legislation regarding HRM practices has been passed mainly to protect the rights of employees, to promote job safety, and to eliminate discrimination in the workplace" (Pride, Hughes, & Kapoor, 2014).

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7. Cultural diversity refers to differences in (check all that apply):

Explanation

"Cultural (or workplace) diversity refers to the differences among people in a workforce owing to race, ethnicity, and gender" (Pride, Hughes, & Kapoor, 2014).

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8. Management development prepares managers to (select the best answer):

Explanation

"Management development is the process of preparing managers and other professionals to assume increased responsibility in both present and future positions." (Pride, Hughes, & Kapoor, 2014).

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9. In selection, the idea is to hire the person with the most qualifications.

Explanation

"In selection, the idea is not to hire the person with the most qualifications but rather the applicant who is most appropriate" (Pride, Hughes, & Kapoor, 2014).

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10. Types of workplace compensation include (check all that apply):

Explanation

"Most forms of compensation fall into the following categories: hourly wage, weekly or monthly salary, commissions, incentive payments, lump-sum salary increases, and profit sharing" (Pride, Hughes, & Kapoor, 2014).

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The replacement chart and the skills inventory may be used for...
The three phases of HRM (human resources management) are (select the...
A performance appraisal allows managers to make objective human...
A job analysis typically consists of two parts. The part that...
The popular professional social media site where businesspeople...
Legislation regarding HRM practices (check all that apply):
Cultural diversity refers to differences in (check all that apply):
Management development prepares managers to (select the best answer):
In selection, the idea is to hire the person with the most...
Types of workplace compensation include (check all that apply):
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