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MCQOPTIONS
This section includes 130 Mcqs, each offering curated multiple-choice questions to sharpen your Human Resource Management knowledge and support exam preparation. Choose a topic below to get started.
| 51. |
The factors contribute to differentiate its market offering from other products is called |
| A. | Positioning |
| B. | Competitive advantage |
| C. | Consolidation |
| D. | both a and b |
| Answer» C. Consolidation | |
| 52. |
A company that controls market by offering same products as of competitors, considered as |
| A. | diversification |
| B. | vertical integration |
| C. | horizontal integration |
| D. | geographic expansion |
| Answer» D. geographic expansion | |
| 53. |
What our business is' is stated in |
| A. | mission statement |
| B. | strategic goals |
| C. | vision statement |
| D. | all of above |
| Answer» B. strategic goals | |
| 54. |
The tool used to present manager with performance graphs and charts is |
| A. | HR scorecard |
| B. | digital dashboard |
| C. | strategy map |
| D. | all of above |
| Answer» C. strategy map | |
| 55. |
The research methods which are used to collect first hand data and information about any conducted project are classified as |
| A. | human resource research |
| B. | primary research |
| C. | secondary research |
| D. | ternary research |
| Answer» C. secondary research | |
| 56. |
If the advertising expenses are $5000, agency fees is $200, referral bonuses are $250, recruiters pays and benefits are $300 and employees hired are 30 then cost per employee hired is |
| A. | $5,780 |
| B. | $5,750 |
| C. | $5,200 |
| D. | $5,250 |
| Answer» B. $5,750 | |
| 57. |
A company 'Apollo' tyres diversifying in entertainment business can be a classic example of |
| A. | Conglomerate diversification |
| B. | Related diversification |
| C. | both a and b |
| D. | none of above |
| Answer» B. Related diversification | |
| 58. |
If revenue is $3000, operating expense is $700, pays and benefits for employees are $800 then return on human capital invested is |
| A. | $2,200 |
| B. | $700 |
| C. | $2,300 |
| D. | $1,500 |
| Answer» D. $1,500 | |
| 59. |
The measurement of work results in comparison of the materials or resources used by the company is classified as |
| A. | cost effectivity |
| B. | cost competency |
| C. | profitability |
| D. | productivity |
| Answer» E. | |
| 60. |
In 'HRD' scorecard scales, scale 1 represents |
| A. | moderate maturity level |
| B. | least maturity level |
| C. | highest maturity level |
| D. | all of above |
| Answer» C. highest maturity level | |
| 61. |
The dimension which measures the competency of company's top management to lower level employees is |
| A. | HRD systems maturity score |
| B. | HRD competence score |
| C. | HRD culture |
| D. | Employee linkage score |
| Answer» C. HRD culture | |
| 62. |
The statistical model which is used to identify the benefits and expenses related to human resource activities is classified as |
| A. | utility analysis |
| B. | investment analysis |
| C. | cost-benefit analysis |
| D. | both a and c |
| Answer» E. | |
| 63. |
The quantitative concept which is used to show that how much time investment will take to give the benefits is classified as |
| A. | return on investment |
| B. | return on public offering |
| C. | economic value added |
| D. | analysis of benefits |
| Answer» B. return on public offering | |
| 64. |
The next step after 'defining the current business' is to |
| A. | external and internal audit |
| B. | Formulating a new direction |
| C. | Formulating strategies |
| D. | Implement the strategies |
| Answer» B. Formulating a new direction | |
| 65. |
The 'new overseas markets' can be the best classified as |
| A. | Potential opportunities |
| B. | Potential Threats |
| C. | Potential Strengths |
| D. | Potential Weaknesses |
| Answer» B. Potential Threats | |
| 66. |
Low cost foreign competition, classified as |
| A. | potential opportunities |
| B. | potential threats |
| C. | potential strengths |
| D. | potential weaknesses |
| Answer» C. potential strengths | |
| 67. |
The culture in which the beliefs and values followed by the human capital of the firm is classified as |
| A. | specialist culture |
| B. | generalist culture |
| C. | organizational culture |
| D. | shared culture |
| Answer» D. shared culture | |
| 68. |
The plan which is firstly discussed in business plan is mostly |
| A. | marketing plan |
| B. | financial plan |
| C. | personnel plan |
| D. | production plan |
| Answer» B. financial plan | |
| 69. |
The statement by Wal-Mart "Save money, Live better" is pointing its business strategy as |
| A. | Consolidation |
| B. | Horizontal integration |
| C. | Cost leadership |
| D. | all of above |
| Answer» D. all of above | |
| 70. |
The 'competitive strategy' includes |
| A. | cost leadership |
| B. | differentiation |
| C. | horizontal integration |
| D. | both a and b |
| Answer» E. | |
| 71. |
Which are not related to firm's existing business in adding new product lines? |
| A. | related diversification |
| B. | conglomerate diversification |
| C. | diversification |
| D. | all of above |
| Answer» C. diversification | |
| 72. |
For current markets, the development of improved products is the part of |
| A. | Market penetration |
| B. | Market development |
| C. | Product development |
| D. | none of above |
| Answer» D. none of above | |
| 73. |
The 'corporate strategy' includes |
| A. | Consolidation |
| B. | Geographic expansion |
| C. | Differentiation |
| D. | both a and b |
| Answer» E. | |
| 74. |
The 'Volvo' stresses more safe cars as compared to others in market, this can be an example of |
| A. | diversification |
| B. | cost leadership |
| C. | consolidation |
| D. | competitive advantage |
| Answer» E. | |
| 75. |
The company matches its capabilities with environmental demands is |
| A. | Strategic planning |
| B. | Corporate plan |
| C. | Strategy |
| D. | all of above |
| Answer» B. Corporate plan | |
| 76. |
The process in which comparison of one's company outputs are made with the one of the best in the similar industry is classified as |
| A. | primary ratio |
| B. | secondary ratio |
| C. | ternary ratio |
| D. | benchmarking |
| Answer» E. | |
| 77. |
Gaining market share by offering same products as of competitors in same market, considered as |
| A. | competitive strategy |
| B. | corporate level strategy |
| C. | functional strategy |
| D. | none of above |
| Answer» C. functional strategy | |
| 78. |
When the company has a single product line, it is said to be a part of |
| A. | concentration strategy |
| B. | market penetration |
| C. | product development |
| D. | both a & b |
| Answer» B. market penetration | |
| 79. |
The competitive strategy is for |
| A. | departmental strategy |
| B. | business unit |
| C. | none of above |
| D. | all of above |
| Answer» C. none of above | |
| 80. |
The network which is part of organization and operates through the internet is classified as |
| A. | wide area network |
| B. | extranet |
| C. | intranet |
| D. | geographic area network |
| Answer» D. geographic area network | |
| 81. |
Diversification' can be best classified as |
| A. | potential opportunities |
| B. | potential threats |
| C. | potential strengths |
| D. | potential weaknesses |
| Answer» B. potential threats | |
| 82. |
In setting SMART goals, 'T' stands for |
| A. | timely |
| B. | tricky |
| C. | transparent policies |
| D. | none of above |
| Answer» B. tricky | |
| 83. |
The 'HRD' dimension which is measured with the help of development of questionnaire is named as |
| A. | HRD culture |
| B. | Business linkage score |
| C. | HRD competence score |
| D. | HRD system maturity score |
| Answer» B. Business linkage score | |
| 84. |
If the total operating expenses are $5000 and total expenditures for benefits and pay are $2000 then pays and expenses as % of operating expenses are |
| A. | $2,000 |
| B. | $5,000 |
| C. | $7,000 |
| D. | $2,500 |
| Answer» D. $2,500 | |
| 85. |
If the health cost per employee is $2000 and the number of employees are 300 then the total healthcare benefits expenses are |
| A. | $1,500 |
| B. | $1,700 |
| C. | $2,700 |
| D. | $2,300 |
| Answer» C. $2,700 | |
| 86. |
After translating the company mission into strategic goals, the next step is to |
| A. | formulate strategies |
| B. | implement the strategies |
| C. | evaluate performance |
| D. | none of above |
| Answer» B. implement the strategies | |
| 87. |
The 'management turnover' can be the best classified as |
| A. | Potential opportunities |
| B. | Potential Threats |
| C. | Potential Strengths |
| D. | Potential Weaknesses |
| Answer» E. | |
| 88. |
If the one time acquisition cost is $2000, operating costs for enhanced system is $1000 and gains from productivity are $5000 then return on investment is |
| A. | 4.667 |
| B. | 1.667 |
| C. | 2.667 |
| D. | 3.667 |
| Answer» C. 2.667 | |
| 89. |
The company marketing and selling current product aggressively is |
| A. | market penetration |
| B. | market development |
| C. | product development |
| D. | both a and b |
| Answer» B. market development | |
| 90. |
'Patents' can be the best classified as |
| A. | potential opportunities |
| B. | potential threats |
| C. | potential strengths |
| D. | potential Weaknesses |
| Answer» D. potential Weaknesses | |
| 91. |
If the volunteer turnover rate is 30 and the total voluntary employee separations are 100 then number of total employees are |
| A. | 30 |
| B. | 130 |
| C. | 100 |
| D. | 70 |
| Answer» E. | |
| 92. |
The external and internal audit of a company includes |
| A. | economic trends |
| B. | political trends |
| C. | competitive trends |
| D. | all of above |
| Answer» E. | |
| 93. |
Making a fit between company's competitive aims and each department's plan is |
| A. | Strategic planning |
| B. | Strategic fit |
| C. | Corporate strategy |
| D. | Competitive strategy |
| Answer» C. Corporate strategy | |
| 94. |
In forecasting, the ratios which are used to calculate indirect labor cost of units produced are considered as |
| A. | productivity ratios |
| B. | staffing ratios |
| C. | material ratios |
| D. | profitability ratios |
| Answer» C. material ratios | |
| 95. |
Opening retail stores, the way 'Apple' has opened , a classic example of |
| A. | vertical integration |
| B. | horizontal integration |
| C. | consolidation |
| D. | geographic expansion |
| Answer» B. horizontal integration | |
| 96. |
Defining your business means stating |
| A. | detail of your market offering |
| B. | profit figures |
| C. | personnel plan |
| D. | all of above |
| Answer» B. profit figures | |
| 97. |
The system which is designed to provide useful information while making decisions regarding human resource of an organization is classified as |
| A. | benefit analysis system |
| B. | human resource information system |
| C. | decisional information system |
| D. | integration HR |
| Answer» C. decisional information system | |
| 98. |
Each department of the company helps in achieving company goals is referred as |
| A. | Corporate strategy |
| B. | Competitive strategy |
| C. | Functional strategy |
| D. | both a and b |
| Answer» D. both a and b | |
| 99. |
The measure of 'cost effectiveness' among employees is the part of |
| A. | HRD culture |
| B. | Business linkage score |
| C. | HRD competence score |
| D. | HRD system maturity score |
| Answer» C. HRD competence score | |
| 100. |
The situation which occurs when the employees who have been replaced from their job is called as |
| A. | retirement buyouts |
| B. | layoffs |
| C. | attribution |
| D. | attrition |
| Answer» E. | |