The Future The Challenges MCQs

Welcome to our comprehensive collection of Multiple Choice Questions (MCQs) on The Future The Challenges, a fundamental topic in the field of IC90 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 The Future The Challenges 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 The Future The Challenges mcq questions that explore various aspects of The Future The Challenges problems. Each MCQ is crafted to challenge your understanding of The Future The Challenges principles, enabling you to refine your problem-solving techniques. Whether you're a student aiming to ace IC90 Human Resource Management tests, a job seeker preparing for interviews, or someone simply interested in sharpening their skills, our The Future The Challenges MCQs are your pathway to success in mastering this essential IC90 Human Resource Management topic.

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Q41.
What are the three biggest HR challenges in the future, as per some surveys?

a.

Rewarding and retaining the best employees

b.

Developing the next generation of corporate leaders

c.

Creating a corporate culture that attracts the best employees

d.

All of the above

Discuss
Answer: (d).All of the above Explanation:The three biggest HR challenges in the future are rewarding and retaining the best employees, developing the next generation of corporate leaders, and creating a corporate culture that attracts the best employees.
Q42.
What are the challenges faced by Indian software companies in appointing CEOs?

a.

Traditional adjustments to compensation packages

b.

Wider experience of foreign counterparts

c.

Salary and benefits

d.

None of the above

Discuss
Answer: (b).Wider experience of foreign counterparts Explanation:Some leading Indian software companies have chosen to appoint CEOs who have been working abroad, as they may have wider experience than their Indian counterparts.
Q43.
What is the new technology developed by ICICI Bank to enable women to work from home?

a.

Face recognition technology

b.

Extended network

c.

Image-based verification of cheques

d.

All of the above

Discuss
Answer: (d).All of the above Explanation:ICICI Bank has developed new technology to enable women to work from home, and this technology includes access to core banking servers using face recognition technology and an extended network. This technology enables various tasks like checking documents for loan disbursements, image-based verification of cheques for clearance, and first level scrutiny of documents for opening accounts and processing of export import documents to be undertaken remotely.
Q44.
What are the challenges that HR departments may face in the future, according to some surveys?

a.

Rewarding and retaining the best employees

b.

Developing the next generation of corporate leaders

c.

Creating a corporate culture that attracts the best employees

d.

All of the above

Discuss
Answer: (d).All of the above Explanation:Some surveys have shown that the three biggest HR challenges in the future will be rewarding and retaining the best employees, developing the next generation of corporate leaders, and creating a corporate culture that attracts the best employees.
Q45.
What will be necessary for organizations to do well in the future?

a.

Innovate systems and procedures

b.

Redefine their products

c.

Reshape the industry

d.

All of the above

Discuss
Answer: (d).All of the above Explanation:Competition in the future will be keener than ever before, and those organizations that do well may reshape and redefine not only their products, but the industry itself. It will be necessary to innovate systems and procedures.
Q46.
What will be the new system of engagement in the future?

a.

A company of partners in business

b.

An organization of managers and workers

c.

A company of diverse interests, abilities, and motivations

d.

None of the above

Discuss
Answer: (a).A company of partners in business Explanation:The environment is dynamic, and individuals with whom HR people are going to work are increasingly diverse in interests, abilities, and motivations. The result is a future with exciting challenges and opportunities. The new system will be one of dynamic engagement, where managers will think of a company not as an organization of managers and workers, but as a company of partners in business. Everyone will have to think as if it is his own business and expect an opportunity to contribute to the change.
Q47.
What are the challenges faced by Indian companies operating in foreign countries?

a.

Communication barriers

b.

Lack of infrastructure

c.

Difficulty in finding skilled labor

d.

None of the above

Discuss
Answer: (a).Communication barriers Explanation:The involvement of foreign personnel will affect the HR functions in the matter of communications. The customs and values of those societies will be different from India, and HR managers will have to be aware of these differences and ensure that miscommunications are avoided.
Q48.
How can HR managers avoid miscommunications while working with foreign personnel?

a.

By providing cultural orientation to foreign personnel

b.

By ensuring effective communication channels

c.

By hiring only local personnel

d.

None of the above

Discuss
Answer: (a).By providing cultural orientation to foreign personnel Explanation:Wives of diplomats posted to India are generally given an orientation to Indian societies by arranging for meetings and interactions with ladies in different parts of India. Similarly, HR managers can provide cultural orientation to foreign personnel to avoid miscommunications.
Q49.
According to a survey by Ernst and Young, which country ranks No.1 for attractiveness for investments for the next three years?

a.

USA

b.

China

c.

India

d.

UK

Discuss
Answer: (c).India Explanation:According to a survey done by Ernst and Young within their 2000 plus clients in 152 countries, India ranked No.1 for attractiveness for investments for the next three years.
Q50.
What did Christine Lagarde say about India at the Advancing Asia conference in New Delhi?

a.

India's star shines bright

b.

The region's dynamism presents a historic opportunity to invest now in the future

c.

India is the fastest-growing economy in the world

d.

All of the above

Discuss
Answer: (d).All of the above Explanation:Christine Lagarde, Chief of the International Monetary Fund, said at a meeting of the Advancing Asia conference in New Delhi that "India's star shines bright" and "the region's dynamism presents a historic opportunity to invest now in the future".
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