πŸ“Š Functional Areas of Business
Q. The process of HR planning includes
  • (A) Business strategic plan
  • (B) Resourcing strategy
  • (C) Scenario planning
  • (D) All of the above
πŸ’¬ Discuss
βœ… Correct Answer: (D) All of the above
πŸ“Š Functional Areas of Business
Q. Which activity involves design of policies and procedures for fair recruitment and selection of human resource?
  • (A) Human resource planning
  • (B) Recruitment and selection
  • (C) Training and development
  • (D) Job design
πŸ’¬ Discuss
βœ… Correct Answer: (B) Recruitment and selection
πŸ“Š Functional Areas of Business
Q. ____________ is concerned with manpower planning, recruitment, selection, placement, induction, transfer.
  • (A) The labour aspect
  • (B) The welfare aspect
  • (C) The industrial relation aspect
  • (D) None of the above
πŸ’¬ Discuss
βœ… Correct Answer: (A) The labour aspect
πŸ“Š Functional Areas of Business
Q. Human resource management seeks to accomplish
  • (A) Societal goals
  • (B) Organisational goals
  • (C) Individual goals
  • (D) All of the above
πŸ’¬ Discuss
βœ… Correct Answer: (D) All of the above
πŸ“Š Functional Areas of Business
Q. The primary goal of financial management is
  • (A) To maximize the return
  • (B) To minimize the risk
  • (C) To maximize the wealth of owners
  • (D) To maximize profit.
πŸ’¬ Discuss
βœ… Correct Answer: (C) To maximize the wealth of owners
πŸ“Š Functional Areas of Business
Q. Financial management is mainly concerned with_________
  • (A) All aspects of acquiring & utilizing financial resources for firms activities.
  • (B) Arrangement of funds
  • (C) Efficient management of every business.
  • (D) Profit maximization.
πŸ’¬ Discuss
βœ… Correct Answer: (A) All aspects of acquiring & utilizing financial resources for firms activities.
πŸ“Š Functional Areas of Business
Q. Financial management involves
  • (A) Investment decisions
  • (B) Financing decisions
  • (C) Dividend decisions
  • (D) All of the above
πŸ’¬ Discuss
βœ… Correct Answer: (D) All of the above