Strategic HRM MCQs

Welcome to our comprehensive collection of Multiple Choice Questions (MCQs) on Strategic HRM, a fundamental topic in the field of Human Resource Management. Whether you're preparing for competitive exams, honing your problem-solving skills, or simply looking to enhance your abilities in this field, our Strategic HRM MCQs are designed to help you grasp the core concepts and excel in solving problems.

In this section, you'll find a wide range of Strategic HRM mcq questions that explore various aspects of Strategic HRM problems. Each MCQ is crafted to challenge your understanding of Strategic HRM principles, enabling you to refine your problem-solving techniques. Whether you're a student aiming to ace Human Resource Management tests, a job seeker preparing for interviews, or someone simply interested in sharpening their skills, our Strategic HRM MCQs are your pathway to success in mastering this essential Human Resource Management topic.

Note: Each of the following question comes with multiple answer choices. Select the most appropriate option and test your understanding of Strategic HRM. You can click on an option to test your knowledge before viewing the solution for a MCQ. Happy learning!

So, are you ready to put your Strategic HRM knowledge to the test? Let's get started with our carefully curated MCQs!

Strategic HRM MCQs | Page 11 of 13

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Q101.
If the health cost per employee is $2000 and the number of employees are 300 then the total healthcare benefits expenses are

a.

$1,500

b.

$1,700

c.

$2,700

d.

$2,300

Discuss
Answer: (b).$1,700
Q102.
The capability of an organization which helps it gaining competitive advantage over its competitors is classified as

a.

managerial competency

b.

core competency

c.

organizational competency

d.

workforce specialty

Discuss
Answer: (b).core competency
Q103.
The situation which occurs when the employees who have been replaced from their job is called as

a.

retirement buyouts

b.

layoffs

c.

attribution

d.

attrition

Discuss
Answer: (d).attrition
Q104.
Considering the human resource supplies, the method which is used to forecast availability of qualified staff for specific positions is classified as

a.

productivity analysis

b.

staffing analysis

c.

succession analysis

d.

profitability analysis

Discuss
Answer: (c).succession analysis
Q105.
The payment which is made to all the employees who have lost their job is classified as

a.

outplacement bonus

b.

acquisition bonus

c.

transition stay bonus

d.

merger bonus

Discuss
Answer: (c).transition stay bonus
Q106.
In forecasting, the ratios which are used to calculate indirect labor cost of units produced are considered as

a.

productivity ratios

b.

staffing ratios

c.

material ratios

d.

profitability ratios

Discuss
Answer: (b).staffing ratios
Q107.
The procedure of analyzing the threats and opportunities of the organization's environment is classified as

a.

environmental influences

b.

environmental economics

c.

environmental planning

d.

environmental scanning

Discuss
Answer: (d).environmental scanning
Q108.
The ratio which is used to measure the average units produced by each employee in a firm is classified as

a.

material; ratios

b.

profitability ratios

c.

productivity ratios

d.

staffing ratios

Discuss
Answer: (c).productivity ratios
Q109.
The quantitative concept which is used to show that how much time investment will take to give the benefits is classified as

a.

return on investment

b.

return on public offering

c.

economic value added

d.

analysis of benefits

Discuss
Answer: (a).return on investment
Q110.
The hiring cost, vacancy cost and productivity loss are added into termination cost to calculate

a.

turnover cost

b.

volunteer turnover cost

c.

hiring cost per employee

d.

training cost

Discuss
Answer: (a).turnover cost
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