BBM Human Resource Management 2

Question 1

What is 'employee turnover' in HRM?

Accepted Answer

The rate at which employees leave and are replaced in an organization

Answer

Employee turnover measures how frequently workers leave an organization and must be replaced, typically expressed as an annual percentage.

Question 2

Which compensation structure ties pay directly to individual or group performance outcomes?

Accepted Answer

Performance-based pay

Answer

Performance-based pay (merit pay, bonuses, commissions) links employee compensation directly to achieving specific performance targets or outcomes.

Question 3

What is the purpose of succession planning in an organization?

Accepted Answer

Identifying and developing internal candidates for future leadership roles

Answer

Succession planning identifies and develops high-potential employees to fill critical leadership positions when they become vacant.

Question 4

Which term describes the range of human differences including race, gender, age, and culture in the workplace?

Accepted Answer

Workforce diversity

Answer

Workforce diversity refers to the variety of human differences among employees, including demographics, perspectives, and backgrounds that organizations aim to leverage.

Question 5

What is collective bargaining?

Accepted Answer

Negotiations between employers and a union representing workers

Answer

Collective bargaining is the negotiation process between an employer and a labor union representing employees to reach agreements on wages, hours, and working conditions.

BBM - Business Management Degree Practice Test

BBM - Business Management Degree Practice Test

BBM Human Resource Management 2