Sunday 14 June 2020

HUMAN RESOURCE MANAGEMENT IIBM MBA EXAM ANSWER SHEET


HUMAN RESOURCE MANAGEMENT IIBM MBA EXAM ANSWER SHEET

Human Resource Management



I.                   The following is (are) concerned with developing a pool of candidates in line with the human resources plan 

a) Development
b) Training
c) Recruitment
d) All of the above

Ans: d) All of the above



II. The following is (are) the key components of a business process Re-engineering program? (1)
a) Product development
b) Service delivery
c) Customer satisfaction
d) All of the above

Ans: d) All of the above



III. The actual achievements compared with the objectives of the job is 

a) Job performance
b) Job evaluation
c) Job description
d) None of the above

Ans: a) Job performance



IV. Performance development plan is set for the employee by his immediate boss. 
a) Employer
b) Department Head
c) Immediate boss
d) Any of the above

Ans: d) Any of the above



V. The following type of recruitment process is said to be a costly affair.

a) Internal recruitment
b) External recruitment
c) Cost remains same for both types

Ans: b) External recruitment



VI. The following is (are) the objective(s) of inspection. 

a) Quality product
b) Defect free products
c) Customer satisfaction
d) All of the above

Ans: d) All of the above


VII. Which of the following is an assumption of rationality to rationale decision making? 
a. Preferences are clear
b. Final choice will maximize payoff
c. The problem is clear and unambiguous
d. All of the above

Ans: d. All of the above

VIII. ___________ is accepting solutions that are "good enough". 
a. Bounded rationality
b. Satisficing
c. Escalation of commitment
d. None of the above

Ans: b. Satisficing


IX. The three important components in aligning business strategy with HR practice: 

a) Business Strategy, Human Resource Practices, Organizational Capabilities
b) Marketing Strategy, Human Resource Practices, Organizational Capabilities
c) Business Strategy, Human Resource Practices, Organizational structure
d) Marketing Strategy, Human Resource Practices, Organizational structure

Ans: a) Business Strategy, Human Resource Practices, Organizational Capabilities



X. The basic managerial skill(s) is(are)

a) To supervise
b) To stimulate
c) To motivate
d) All of the above

Ans: d) All of the above


Part Two:

1.      What is the nature of Human Resource Management? 
Nature of Human Resource Management are:
1. A part of Management Discipline:
HRM is a part of management discipline. It is not a discipline in itself but is only a field of study. HRM, being a part of management process, draws heavily from management concepts, principles and techniques and apply these in the management of human resources.
2. Universal Existence:
HRM is pervasive in nature. It is present in all enterprises. It permeates all levels of management in an organisation.
3. Concerned with People:
HRM is all about people at work, both as individuals and groups. It tries to put people on assigned job in order to produce goods results. The resultant gains are used to reward people and motivate them towards further improvement is productivity.
4. Action oriented:
HRM focuses attention on action, rather than on record keeping, written procedures or rules. The problems of employees are solved through rational policies.
5. Directed towards Achievement of Objectives:
HRM is directed towards achievement of organisational objectives by providing tools and techniques of managing people in the organisation effectively.
6. Integrating Mechanism:
HRM tries to build and maintain cordial relation between people working at different levels in the organisation. It tries to integrate human assets in the best possible manner for achieving organisational goals.
7. Development Oriented:
HRM intends to develop the full potential of employees. The reward structure is turned to the needs of employees. Training is provided to improve the skill of employees. Every attempt is made to use their talents fully in the service of organisational goals.
8. Continuous Process:
HRM is not a one short deal. It cannot be practised only one hour each day or one day a week. It requires constant alertness and awareness of human relations and their importance in every day operations.
9. Comprehensive Function:
HRM is concerned with managing people at work. It covers all types of people at all levels in the organisation. It applies to workers, supervisors, officers, manager and other types of personnel.




2.      What is Human Resource Development (HRD)

Development of human resources is essential for any organisation that would like to be dynamic and growth-oriented. Unlike other resources, human resources have rather unlimited potential capabilities. The potential can be used only by creating a climate that can continuously identify, bring to surface, nurture and use the capabilities of people. Human Resrouce Development (HRD) system aims at creating such a climate. A number of HRD techniques have been developed in recent years to perform the above task based on certain principles. This unit provides an understanding of the concept of HRD system, related mechanisms and the changing boundaries of HRD.
The focus of all aspects of Human Resource Development is on developing the most superior workforce so that the organization and individual employees can accomplish their work goals in service to customers.

Human Resource Development can be formal such as in classroom training, a college course, or an organizational planned change effort. Or, Human Resource Development can be informal as in employee coaching by a manager. Healthy organizations believe in Human Resource Development and cover all of these bases.

Human resource development in the organisation context is a process by which the employees of an organisation are helped, in a continuous and planned way to:

  1. Acquire or sharpen capabilities required to perform various functions associated with their present or expected future roles;
  2. Develop their general capabilities as individuals and discover and exploit their own inner potentials for their own and/or organisational development purposes; and
  3. Develop an organisational culture in which supervisor-subordinate relationships, teamwork and collaboration among sub-units are strong and contribute to the professional well being, motivation and pride of employees.
This definition of HRD is limited to the organisational context. In the context of a state or nation it would differ.

HRD is a process, not merely a set of mechanisms and techniques. The mechanisms and techniques such as performance appraisal, counselling, training, and organization development interventions are used to initiate, facilitate, and promote this process in a continuous way. Because the process has no limit, the mechanisms may need to be examined periodically to see whether they are promoting or hindering the process. Organisations can facilitate this process of development by planning for it, by allocating organisational resources for the purpose, and by exemplifying an HRD philosophy that values human beings and promotes their development.
3. Discuss the future trends and challenges of HRM? 

Multinational companies are operating in tough competitive environment and human resource managers are continually facing business challenges because of the development of Internet-enabled technologies and the eruption of the global economy. It is assumed that companies will face many serious human resource issues. Human resource has major challenge in future to develop and retain capable employees. HR professionals have probable challenges in managing workforce such as talent and leadership are becoming even scarcer resources than earlier organizational environment, the work force, on average, is growing older. More companies are becoming world-wide organizations as they try to recruit overseas, incorporate diverse cultures and retain external talent. The emotional health of employees is more important than ever before and this may be continual challenge for HR managers. The days of staying at one company are over, mobility is the new norm. And with that, employees progressively make job choices based on family considerations and a desire to have a life outside of work. The challenges of managing talent, improving leadership development, and managing work-life balance are considered to be major future challenges for human resource department.
Another key challenge for future is anticipating Change. It includes managing demographics, managing change and cultural transformation, and managing globalization.
Other future challenge for human resource managers in global companies is enabling the Organization. This category consists of becoming a learning organization and transforming HR into a strategic partner.
Presently, human resource managers use social media websites, such as Facebook and LinkedIn, to recruit best suited candidates for different department of organization to enhance productivity and gain monetary benefit. It is a big challenge for professionals. HR will need to use social media for the organization's benefit in an extremely competitive job market for both candidates and hiring companies. HR professionals need to be prepared to hire suitable candidates before the competitor, and this could mean beginning the discussion even before the candidate applies. Social media participants often set their profile settings to private, so human resource staff need to develop thorough knowledge of the social media tools and online search engines to uncover the information they need.
Globalization is continued to be major challenge for human resource staff to retain good position in marketplace. The Internet has opened up the job market, extending the talent pool to almost every corner of the world. Today, HR professionals hire candidates from various countries who speak different languages and practice customs that may be dissimilar to those of the company's local employees. This brings about changes to usual HR policies as the staff must address to concerns such as cultural and ethnic sensitivity. Human resource team must be attentive to wage disparities between local employees and their counterparts in other countries.
Political and legal environment of nations are highly volatile therefore changes in political parties and rules regulations create new laws and HR professionals have to follow all laws while doing business. It is the duty of human resource and industrial relations executives to fully examine the implication, of these changes and brings about necessary adjustment within the organization so that utilization of human resource can be achieved.
Other serious future challenge for human resource managers is staff turnover. It will continue to be an HR issue. It is normally seen that employees make change on after a tenure of about four to five years to enhance their career. Therefore, retaining talent becomes the next importance for HR professionals. Many leading companies offer high salary package, posh offices and extensive benefit packages, making recruitment and retention of good staff tough for small businesses, which often struggle just to pay the rent due for their offices. Providing a learning environment and new opportunities within the organization might support to retain contributing employees because the employees gain experience even as they become more marketable.
Human resource also has problems to provide conducive work environment to employees due to rising prices. Creating a work environment that increases employee morale and improves performance will continue to be a challenge for human resource managers. Business growth is directly proportional to employee contribution and ownership of tasks at work. To create an environment that boosts employee self-esteem and prompts strong employee performance, HR professionals must be entirely involved in the business and must be conscious of which team needs to be changed or improved and requires extra training and mentoring.
Ongoing challenge for human resource professionals is business continuity of an organization and it is known that business should not be dependent on specific individual, loss of talented team members can have unfavorable impact on employee morale. Employees may have difficulties in accepting the replacement of main staff from external sources, and an unexpected shift can cause work disruptions and crises in customer engagements. To survive from these sudden changes and prevent adjustment issues, HR must be active in succession planning. Human resource staff must recognize, groom, provide exposure and add work responsibilities to core personnel.
To summarize, future challenges of human resource are continuing because of changing workforce demographics and diversities, competing in international environment, technological changes, eliminating the employee skill gap, developing human capital lifelong learning and organizational learning and accomplishing societal goal through organization.


4. What is manpower planning?

Manpower Planning which is also called as Human Resource Planning consists of putting right number of people, right kind of people at the right place, right time, doing the right things for which they are suited for the achievement of goals of the organization. Human Resource Planning has got an important place in the arena of industrialization. Human Resource Planning has to be a systems approach and is carried out in a set procedure. The procedure is as follows:
  1. Analysing the current manpower inventory
  2. Making future manpower forecasts
  3. Developing employment programmes
  4. Design training programmes
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