Human Resource Management MCQ

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HRM MCQ question

Question 291 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Performance evaluation can be defined as a process of evaluating
A
past performance
B
present performance
C
future performance
D
past and present performance
Question 291 Explanation: 
Performance evaluation is the process of evaluating how effectively employees are fulfilling their job responsibilities and contributing to the accomplishment of organizational goals. They also use feedback about people's performance to recognize them for a job well done and motivate them.
Question 292 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
In which of the following methods Jobs can be arranged according to the relative difficulty in performing them.
A
Ranking method
B
Point method
C
Factor comparison method
D
Classification method
Question 292 Explanation: 
In Ranking method Jobs can be arranged according to the relative difficulty in performing them. Ranking method is one of the simplest performance evaluation methods.
Question 293 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Trade restrictions are typically undertaken in an effort to protect companies and workers in the home economy from competition by foreign firms.What is the meaning of "restriction"?
A
a limiting condition, especially a legal one
B
a rule made by an authority
C
the possibility of suffering harm or loss
D
None of the above
Question 293 Explanation: 
Trade restrictions are typically undertaken in an effort to protect companies and workers in the home economy from competition by foreign firms. A protectionist policy is one in which a country restricts the importation of goods and services produced in foreign countries.
Question 294 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The opportunity cost of a good is
A
its price in dollars and cents.
B
the alternative goods forgone.
C
the price of alternative goods foregone.
D
none of the other options
Question 294 Explanation: 
Opportunity costs are expressed in terms of how much of another good, service, or activity must be given up in order to pursue or produce another activity or good.
Question 295 [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
SWOT analysis is stands for .....
A
strategy, willingness, opportunity and treatment
B
strategy, workforce, opportunity and treatment
C
strength, willingness, occupancy and threat
D
strength, weakness, opportunity and threat
Question 295 Explanation: 
SWOT analysis (strengths, weaknesses, opportunities and threats analysis)
There are 295 questions to complete.

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