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CBSE Questions for Class 9 Elements Of Business Fundamentals Areas Of Business Quiz 2 - MCQExams.com
CBSE
Class 9 Elements Of Business
Fundamentals Areas Of Business
Quiz 2
Human Resource Management is primarily concerned with ____________.
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Sales
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Dimensions of people
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External environment
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Cost discipline
Explanation
Human Resource Management is primarily concerned with dimensions of people. It conducts the effective management of the people in an organization. It is a strategic method.
Trade unions and employee association, Industrial relation, employee participation and empowerment are procurement functions of a manager which comes under _______.
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integration function
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procurement function
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development function
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behavioral function
Who has said that HRM is not a one shot deal?
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Fayol
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Taylor
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Terry
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McFarland
Grievance redressal, discipline, collective bargaining are _________ of HRM.
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integration function
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procurement function
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development function
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behavioral function
Which of the following statements is true?
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Staffs do, Lines think
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Staffs work, Lines advise
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Staff position is created to assist line managers
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Staffs help directly in achieving the goal, Lines help indirectly in achieving the goal.
Which of the following statements is correct?
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Staffs do, Lines think
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Staffs work, Lines advise
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Staffs have the authority of ideas, Lines have the authority of command.
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Staffs help directly in achieving the goal, Lines help indirectly in achieving the goal.
The following principle of personnel management stresses to make the labour partner to the business
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Principle of fair reward
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Principle of joint management
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Principle of dignity of labour
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Principle of team spirit
Procurement, development, integration are part of _____ of HRM.
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managerial function
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operative function
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technical function
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behavioral function
Which is the most prevalent method of attracting candidates/applicants to jobs?
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Online job portals
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Newspaper, Radio and TV advertisement
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Corporate website
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Employee referral
Explanation
The most prevalent method of attracting candidates/applicants to jobs is through the Job portals. Candidates can apply through the such job portals which is considered the more common method of applying.
HRM function does not involve _____________.
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Recruitment and Selection
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Training
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Performance Management
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Financial Planning
Explanation
HRM function does not involve financial planning. Human resource management mainly deals with the effective management of the people in an organization.
Which of the following activity is not included in human resource management?
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Training and development
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Appraisal of performance of employees
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Resistance management
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Motivation of workforce
Explanation
Human resource management is a formal system is a term used to describe formal system devised for the management of people within the organisation.
The HRM is the process of hiring and developing employees so that they become more valuable to the organisation. It includes job analyses, planning personnel needs , recruiting the right people for the job, orienting and training, managing wages and salaries, providing compensation and incentives, evaluating performance etc. Hence human resource management includes training and development, appraisal of the performance of employees and motivation of workforce.
The difference between human resource management and personnel management is ____________.
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insignificant
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marginal
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narrow
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Wide
Explanation
The difference between human resource management and personnel management is wide.
1. Personnel Management views labour as a tool, the behaviour of which could be manipulated for the benefit of the organisation and replaced when it has worn out. where as HRM views people as an important source or asset to be used for: the benefit of the organisation, employees and society
2. Personnel management includes manpower planning, recruitment, job-analysis, job-evaluation, payroll administration, performance appraisal, training administration and related tasks. Where as HR management includes all these activities plus organisational development activities such as leadership, motivation, developing organisational culture and communication of shared values.
3. Personnel management is considered to be reactive, Human Resources Management is stated to be proactive.
4. Personnel management is independent from an organisation, the Human Resources Management is, an integral part of a company or an organisation.
5. Personnel management focuses on administrating people. On the contrary, the prime focus of Human Resources Development is to build a dynamic culture.
Which of the following would be considered as external users of accounting information's?
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Board of Directors
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Shareholders
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Finance manager
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Sales manager
Explanation
External Users
of
Financial statements
are those people which are
outside
the affairs of the business but use accounting information.
Example:
banks, shareholders, creditors
, etc.
Traditional term used for Human resource planning (HRP), which was often associated with personnel management?
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Manpower Planning
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Gap Analysis
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Human Resource Planning
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Employee Planning
Explanation
The traditional term used for HRP, which was often associated with personnel management, is Manpower Planning. It links the employees and other personnel of the organization to the strategic goal of the organization.
__________________ provides the organization with adequate number of competent and qualified personnel at all levels in the enterprise.
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Motivation process
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Directing process
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Forecasting process
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HR process / staffing
Explanation
HR process/ staffing provides the organization with adequate number of competent and qualified personnel at all levels in the enterprise. Staffing involves finding the right person for the right job having the right qualification, doing the right job at the right time. Staffing has been described as a managerial function of filling and keeping the filled position in the organization structure..
The most popular type of media in terms of total hours of consumption per year is __________.
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television
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radio
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Internet
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newspaper
The prime objective of accounting is to _________________.
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To record economic data
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Provide the information basis of action
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Classifying and recording business transaction
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Attainment of economic goal
Explanation
Accounting is an art of recording, classifying, summarizing and interpreting the data in a significant manner of money's worth business transactions.
The prime function of accounting is to classify and record all such business transaction. It plays an important role in providing appropriate information to the business for decision making.
______is the first main operative function of personnel management.
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Training
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Selection
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Procurement
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Development
Which of the following is active factor of production?
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Land
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Labour
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Capital
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Organisation
The appropriate objective of an enterprise is _________.
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To maintain sales at minimum level
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Maximisation of business wealth
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To maintain the profits at one level
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None of the above
Explanation
Looking at all the options, the most appropriate one is the
Maximisation of
business wealth
.
Well, whenever someone starts a business a lot of time, money and hard work is invested by the owner. So, definitely in return, the owner wants to maximize the profits.
Short period market is also known as.
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Village market
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Weekly market
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Town market
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Retail market
Marketing strategy development is also known as _______.
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marketing control
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marketing exercise
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marketing planning
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situation analysis
Explanation
Marketing planning helps a company to pen down the marketing strategies and tactics to be followed for targeting maximum people in the target group. Marketing planning focuses on a specific period of time and also covers many marketing details.
Functions of a Human Resource Manager
For a personnel manager, planning means the determination in a advance of personal programmes that will contribute to the goals established for the enterprise, i.e. ___________.
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anticipating vacancies
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planning job requirements
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determination of the sources of recruitment
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all of above
Which of the following are general objectives of accounting?
I. Maintenance of Accounting Records
II. Providing Information
III. Ascertainment of Profit or Loss
IV. Depiction of Financial Position
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I and II
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III and IV
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I and IV
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I, II, III and IV
Explanation
Accounting is the measurement,processing and communication of financial information about economic entities such as business and corporations. Accounting consists of various objectives. They are as follows:
Maintenance of Accounting records;
Providing information;
Ascertainment pf profit and loss;
Depiction of financial position.
With all these objectives one can carry out all the accounting process very effectively.
A separate department namely _____ department is now set-up in all organisations to tackle the problem of personnel in the organisation.
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marketing
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administration
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staffing
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personnel
Which of the following statements is not an objective of financial reporting?
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Provide information that is useful in investment and credit decisions.
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Provide information regarding policy of organisation
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Provide information that is useful in assessing cash flow prospective
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None of these
Explanation
They depict
not
only profits and losses, but even assets and liabilities. Let's take a look at the
objectives of financial statements
along with their features. They even help readers of these statements know the accounting
policies
used in them
. These statements also
provide information relating to
the company's cash flows .
Match the following
List I
List II
(a) Manpower planning
(1) Assigning specific jobs to the selected candidates
(b) Recruitment
(2) Choice of right type of people from the available candidate
(c) Selection
(3) Locating acceptable candidates
(d) Placement
(4) Process of determining current and future manpower needs
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a-2; b-4; c-1; d-3
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a-1; b-2; c-3; d-4
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a-3; b-4; c-1; d-2
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a-4; b-3; c-2; d-1
Explanation
These are the steps involved in staffing process.
It starts with the estimation of manpower requirements by the organisation in near future.
Recruitment may be defined as the process of searching for prospective employees and stimulating them to apply for jobs in the organisation.
Selection is the process of choosing from among the pool of the prospective job candidates developed at the stage of recruitment.
Placement refers to the employee occupying the position or post for which the person has been selected.
What are the ideas underpinning 'soft, commitment' or high-road HRM practices?
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Labour needs to be treated as assets to be invested in
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Employee is a cost which should be minimized
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A lack of mutuality existing between employer
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A discharge for unlocking discretionary effort
In firing the non-performing employees, the HR manager is performing the _______.
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interpersonal role
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informational role
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supportive role
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decisional role
Match the following.
$$1$$. Market development
a) The developing of new products for sale in new markets
$$2$$. Product development
b) Developing new products for sale in existing markets
$$3$$. Market penetration
c) Increasing the sales of existing products in existing markets
$$4$$. Diversification
d) Selling of existing products in new markets
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$$1$$-a, $$2$$-c, $$3$$-d, $$4$$-b
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$$1$$-d, $$2$$-b, $$3$$-c, $$4$$-a
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$$1$$-d, $$2$$-b, $$3$$-a, $$4$$-c
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$$1$$-b, $$2$$-d, $$3$$-c, $$4$$-a
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