Financial Management Lesson 5

STAFFING

TO MATCH PEOPLE WITH JOBS TO PROMOTE REALIZATION OF THE ORGANIZATION’S OBEJECTS.

THE MANAGEMENT PROCESS THAT DEFINES HUMAN RESOURCE NEEDS, HIRES, SELECTS, TRAINS, AND DEVELOP HUMAN RESOURCES FOR JOBS TO PROMOTE THE REALIZATION OF THE ORGANIZATION’S OBJECTIVES.

STAFFING

FALSE

STAFFING ONLY INVOVLES HIRING AND FIRING EMPLOYEES.

HUMAN RESOURCE PLANNING

DETERMINES THE COMPETENCIES THAT A COMPANY REQUIRES TO ACCOMPLISH ITS GOALS AND ACQUIRE THE PERSONNEL IT REQUIRES.

FORECASTING HUMAN RESOURCE NEEDS

WHAT IS THE FIRST STEP IN THE STAFFING PROCEDURE?

THE FIRST STEP IN STAFFING PROCEDURE IS, WHICH ASSES THE FUTURE HR NEEDS.

FALSE

FORECASTING IS NOT A PART OF STAFFING PROCEDURE.

TRUE OR FALSE

RECRUITMENT

TO APPLY FOR OPEN POSITION FOR THE COMPANY.

SELECTION

ACT OF SELECTING THE INDIVIDUALS MOST LIKELY TO SUCCEED ON THE FORM THE ONES AVAILABLE.

COMPETITORS

THE SOURCE OF JOB APPLICANTS

APTITUDE

TEST MEASURE THE ABILITY TO ACQUIRED NEW SKILLS OR KNOWLEDGE.

TRUE

RECRUITMENT AIMS TO ATTRACT ELIGIBLE CANDIDATES FOR OPEN POSITIONS.

TRUE OR FALSE

TRUE

PLACING THE WRONG PERSON IN A HIGHLY SPECIALIZED POSITION CAN HARM THE ORGANIZATION.

TRUE OR FALSE

INDUCTION

PROVIDES NEW EMPLOYEES WITH ESSENTIAL INFORMATION ABOUT THIES ROLES AND THE ORGANIZATION.

TRAINING AND DEVELOPMENT

THE PROCESS OF PREPARING AN EMPLOYEE FOR FUTURE ROLES THROUGH EDUCATION AND EXPERIENCE IS CALLED.

TRUE

INDUCTION INTRODUCES NEW EMPLOYEES TO THEIR ROLES, RESPONSIBILITIES, AND THE ORGANIZATION.


TRUE OR FALSE

VESTIBULE SCHOOL TRAINING

WHICH TYPE OF TRAINING INVOVLES PLACING THE TRAINEE IN A SIMULATED WORKPLACCE ENVIRONMENT.

ROLE- PLAYING

A TRAIING METHOD THAT DEVELOPS INTERPERSONAL COMMUNICATION SKILLS BY ASSIGNING ROLES IN SPECIFIC SCENARIOS.

TRUE

ON0THE-JOB TRAINING PLACES EMPLOYEES IN ACTUAL WORK ENVIRONMENTS UNDER SUPERVISION.

TRUE OR FALSE

POSITION ROTATION

WHICH TRAINING METHOD EXPOSES MANAGERS TO DIFFERENT DEPARTMENTS TO BROADEN THEIR ORGANIZATIONAL KNOWLEDGE?

UNDERSTUDY

APPROACH IN MANAGEMENT TRAINING ALLOWS EMPLOYEES TO LEARN BY ASSISTING A SENIOR MANAGER.

FALSE

POSITION ROTATION HELPS EMPLOYEES DEVELOP SPECIALIZED SKILL FOR A SINGLE ROLE.

TRUE OR FALSE

PERFORMANCE APPRAISAL

THE MEASUREMENT OF EMPLOYEE’S PERFORMANCE. THE REASON FOR WHICH PERFORMANCE APPRAISAL IS CONDUCTED.

A.

WHAT IS THE PURPOSE OF PERFORMANCE APPRAISAL?

A. TO EVALUATE AND INFLUENCE EMPLOYEE PERFORMANCE POSITIVELY

B. TO REDUCE EMPLOYEE WORKLOAD

C. TO MANAGE COMPANY FINANCES

D/ TO DEVELOP NEW PRODUCT LINES

CHECKLIST

METHOD RATES EMPLOYEES BY HAVING EVALUATORS CHECK DISCRIPTIVE STATEMENTS.

FALSE

THE CRITICAL-INCIDENT METHOD FOCUSES ON ROUTINE PERFORMANCE.

TRUE OR FALSE

D.

WHAT IS A DEMOTION?

A. A TRANSFER O A DIFFERENT JOB AT THE SAME LEVEL
B. A VOLUNTARY CHANGE OF ROLES
C. A REWARD FOR EXCELLENT PERFORMANCE
D. A MOVEMENT TO A ROLE WITH FEWER RESPONSIBILITIES

A.

WHAT DOES THE SEPARATION PROCESS INCLUDE?

A. VOLUNTARY OR INVOLUNTARY TERMINATION OF EMPLYMENT

B. PROMOTIONG EMPLOYEES TO HIGHES ROLES

C. CONDUCTING ANNUAL APPRASAL

D. OFFERING SALARY INCREMENTS

TEMPORARY

A DEMOTION IS A TEMPORARY MEASURE TO RETAIN EMPLOYEES UNTIL HIGHER ROLES ARE AVAILABLE.

SEPERATION

THE PROCESS OF TERMINATING AN EMPLOYEE, EITHER VOLUNTARILY OR INVOLUNTARILY.

TRUE

DEMOTIONS CAN BE USED A TEMPORARY MEASURE TO RETAIN EMPLOYEES.

TRUE OR FALSE

FALSE

SEPERATION REFERS ONLY TO VOLUNTARY EMPLOYEE RESIGNATIONS.

TRUE OR FALSE