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NAT 5 Business Flashcards | StudBud

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What is a financial incentive

What does HRM stand for?

NAT 5 Business

12 terms·StudBud Administration·223 plays

A quiz for Nat 5 business students.

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Questions 12

Answers

1
What does HRM stand for?
Housing Relations Management
Home Resource Management
Human Resource Management
Health Resource Management
2
What is a financial incentive
offering flexible working practices
Using money to motivate people
Using methods other than money to motivate people
praising employees
3
What is the sixth stage of the recruitment process?
advertise the job
job vacancy
send out applications
job description
4
What method of production is used to produce this product?
batch
flow
job
5
Which one of these is a type of market research?
home
work
field
table
6
What is the operations department responsible for?
operating on humans
dealing with any issues relating to the management of staff
Motivating and training staff
manufacturing products
7
Which of these is a sector of economy?
Public
Tertiary
Secondary
Primary
8
what is the first stage of the recruitment process
Job analysis
job description
identify a job vacancy
person specification
9
what is a sit in
when you have a demonstration
when you avoid the work place
when you sit in the work place and don't do work
when you refuse to do anything new
10
What is batch production
the product is made to the customer's own requirments
when a group of identical products are made at once
parts are added as products move along the production line
11
What are the elements of the marketing mix?
good, service, area, ad
product, range, shop, advertise
product, price, region, promotion
Product, price, place, promotion
12
what is a stakeholder
provide the business with money
owner of the business
a person who has an interest in the success of the business
People who buy goods from the business