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 8 of 13

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Q71.
The operating cost for new system is added into implementation cost and is then divided by gains, by improvements in productivity is called

a.

economic value added

b.

analysis of benefits

c.

return on investment

d.

return on public offering

Discuss
Answer: (c).return on investment
Q72.
The network in the company that allows company's employees to have access to all the information given by some external entities is classified as

a.

wide area network

b.

extranet

c.

intranet

d.

geographic area network

Discuss
Answer: (b).extranet
Q73.
If the advertising expenses are $5000, agency fees is $200, referral bonuses are $250, recruiters pays and benefits are $300 and employees hired are 30 then cost per employee hired is

a.

$5,780

b.

$5,750

c.

$5,200

d.

$5,250

Discuss
Answer: (a).$5,780
Q74.
The procedure which is based on the analysis of present and past data to determine the system effectiveness is classified as

a.

human resource audit

b.

human resource research

c.

human resource assessment

d.

human staff rating

Discuss
Answer: (b).human resource research
Q75.
In an organization, the research efforts that are made to evaluate current structure of human resource management are classified as

a.

human resource assessment

b.

human staff rating

c.

human resource audit

d.

human resource research

Discuss
Answer: (c).human resource audit
Q76.
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
Q77.
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
Q78.
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
Q79.
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
Q80.
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
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