Take This Quiz To Learn About HR Jargon

Human Resource Management (HRM) refers to the strategic approach of managing and coordinating employees within an organization. It involves activities such as recruitment, training, performance evaluation, and employee relations. HRM aims to maximize employee productivity and organizational effectiveness by aligning HR practices with business objectives. The other options, Human Resource Monitor and Human Response Meter, do not accurately represent the concept of HRM.

The correct answer is "Compensation and Benefits." Compensation refers to the wages, salaries, and other financial rewards that employees receive in exchange for their work. Benefits, on the other hand, are additional perks and advantages provided by the employer, such as health insurance, retirement plans, and paid time off. Together, compensation and benefits make up the total rewards package that companies offer to attract and retain employees.

The correct answer is Non-Disclosure Agreement. A Non-Disclosure Agreement (NDA) is a legal contract between two or more parties that outlines confidential material, knowledge, or information that the parties wish to share with each other for certain purposes but restrict from being shared with others. It is commonly used in business settings to protect sensitive information and maintain confidentiality. The other options, Normal Daily Activity and N-Deal Agreement, do not accurately describe the term "NDA".

360 Degree is a performance assessment tool that involves gathering feedback from multiple sources, such as supervisors, peers, subordinates, and even customers, to provide a comprehensive evaluation of an employee's performance. This tool provides a well-rounded perspective on an employee's strengths, weaknesses, and areas for improvement, allowing for a more accurate assessment of their overall performance.

CTC stands for Cost to Company. It refers to the total cost incurred by a company in employing a particular individual. This includes the employee's salary, benefits, bonuses, and any other expenses related to their employment. CTC is an important concept in human resources and is often used to determine the overall financial impact of hiring an employee. Therefore, the correct answer is "Cost to Company".

The grouping of elements refers to a collection or combination of individual components. In this context, it implies that when elements are grouped together, they form a task. A task is a specific activity or assignment that needs to be accomplished. It is different from a duty, job, or occupation, which are broader terms that encompass multiple tasks or responsibilities. Therefore, the correct answer is "task" because it accurately describes the outcome of grouping elements.

The given words, "job, responsibilities, duties, position," all refer to tasks or obligations that one has to fulfill in a specific role or position. Therefore, the correct answer, "responsibilities," encompasses all these terms and captures the idea of tasks or obligations that need to be performed in a job or position.

A group of similar jobs form an occupation. An occupation refers to a collection of jobs that share similar characteristics, such as tasks, skills, and responsibilities. It is a broader category that encompasses various positions and job titles within a specific field or industry. Job analysis and job description are related concepts, but they focus more on individual positions and the specific tasks and requirements associated with them. Therefore, occupation is the most appropriate term to describe a group of similar jobs.

The given answer, "elements," is the correct answer because it accurately describes the components or parts that make up a complete entity. In the context of the question, these elements refer to the different tasks involved in picking up, transporting, and positioning an item. Each task is a separate element that contributes to the overall process.

When duties and responsibilities are combined, they define a person's position within an organization or company. This refers to the specific role or title that an individual holds, which outlines their authority, tasks, and responsibilities. A position is a more comprehensive term than occupation, job, or task, as it encompasses the overall scope of responsibilities and duties that an individual is responsible for within their role.