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 6 of 13

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Q51.
The operating profit held with the firm after deducting the cost of capital is classified as

a.

benefits added into salaries

b.

investments added

c.

capitals added

d.

economic value added

Discuss
Answer: (d).economic value added
Q52.
The full time equivalent employees is added into adjusted profit to calculate

a.

employee hiring cost

b.

return on training

c.

human value added

d.

turnover cost

Discuss
Answer: (c).human value added
Q53.
If the cost to terminate is $1200, cost to hire is $500, vacancy cost is $750 and productivity loss is $250 then the turnover cost is

a.

$1,700

b.

$2,700

c.

$1,950

d.

$1,000

Discuss
Answer: (d).$1,000
Q54.
The system which is designed to provide useful information while making decisions regarding human resource of an organization is classified as

a.

benefit analysis system

b.

human resource information system

c.

decisional information system

d.

integration HR

Discuss
Answer: (b).human resource information system
Q55.
The total number of employees are added into employee voluntary separations, to calculate

a.

production turnover rate

b.

investment turnover rate

c.

volunteer turnover rate

d.

employee hiring rate

Discuss
Answer: (c).volunteer turnover rate
Q56.
Considering the forecasting periods, the plans that are for the tenure of one to five years are classified as

a.

intermediate plans

b.

long term plans

c.

short term plans

d.

all of the above

Discuss
Answer: (a).intermediate plans
Q57.
The research method which considers the data that has already been published in articles, journals and books are classified as

a.

human resource research

b.

primary research

c.

secondary research

d.

ternary research

Discuss
Answer: (c).secondary research
Q58.
If the volunteer turnover rate is 25 and total employees are 200 then total voluntary employee separations are

a.

175

b.

200

c.

25

d.

225

Discuss
Answer: (a).175
Q59.
The operating cost is $20000, the cost of implementation is $10000 and the productivity improvements gains are $40000 then the return on investment is

a.

4.33%

b.

1.33%

c.

2.33%

d.

3.33%

Discuss
Answer: (b).1.33%
Q60.
The operating expense and the employees pays and given fringe benefits are subtracted from revenue to calculate

a.

profit

b.

human value added

c.

turnover cost

d.

returns on investment

Discuss
Answer: (a).profit
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