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Human Resource Management Flashcards | StudBud
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Human Resource Management
Human Resource Management
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Re-Cap of week 1's key terminology
Flashcards
10 cards
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Practice quiz
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Questions
10
Answers
1
What 3 factors does a HR Manager need to consider when planning for their business?
Internal, external & employee skills
Internal, external & their own job role
Internal, external & the boards vision
Employee Skills, own job role and boards vision
2
What is a workplace profile
Name, picture and statement of each employee
Analyzing employee skills & planning future business needs
Looking at a business training needs
Details about a business and it's employees
3
How can government policies affect a business
Motivate business leaders to vote
Increases business expenditure
They can enforce legislative change that effect businesses
Save businesses money
4
In terms of HR planning, what does 'capital intensive' business mean?
An intensive investment of money
A business has a lot of machinery involved.
A business who uses a lot of people in production process.
A business that is driven purely by finance
5
What happens to the labour market during an economic boom
Staff go on strike
Wages increase for all staff.
Easier to recruit new staff
Harder to recruit new staff
6
In terms of HR planning, what does 'labour intensive' business mean?
A business who uses a lot of people in production process.
An intensive investment of money
A business that is driven purely by finance
A business has a lot of machinery involved.
7
From an employers perspective, what is the advantage of employees working from home?
Reduces premises costs (i.e. Heating, lighting, rent etc)
Comfortable working environment
Can watch TV whilst working
Allows employees to work autonomously
8
How can automation most impact on businesses?
Increase productivity
Increase wage costs
Increase productivity on assembly line & save on wage costs
Reliance on machinery which is more expensive than employees
9
From an employees perspective, what is the main advantage of working from home?
Can watch TV whilst working
Allows employees to work autonomously
Comfortable working environment
Allows for flexible working patterns with more productivity
10
What are labour costs
How many employees work for a business
The amount of work undertaken
The expenditure spent by a business on their workforce
Cost of parliamentary election