Business Management Flashcards
7 cards from real PHR practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 7 Business Management flashcards as text
Which HR alignment approach links workforce strategy directly to the organization's long-term business objectives?
Answer: Strategic HR management
Strategic HR management aligns people practices with long-term business goals rather than just handling transactions.
A company analyzes internal strengths and weaknesses alongside external opportunities and threats. What tool is this?
Answer: SWOT analysis
SWOT examines internal strengths/weaknesses and external opportunities/threats.
Which organizational structure groups employees by function such as marketing, finance, and HR?
Answer: Functional structure
A functional structure organizes employees by specialized departments or functions.
What is the primary purpose of a business case in HR project proposals?
Answer: Justify investment by showing costs and expected benefits
A business case justifies a project by weighing costs against expected benefits and ROI.
Which metric measures the financial return generated relative to the cost of an HR initiative?
Answer: Return on investment (ROI)
ROI compares the gain from an initiative to its cost, expressed as a percentage.
A code of conduct primarily serves to:
Answer: Set expected standards of ethical behavior
A code of conduct establishes the ethical standards and behavior expected of employees.
Which leadership style involves making decisions unilaterally with little employee input?
Answer: Autocratic
Autocratic leaders make decisions on their own with minimal input from others.