PHR Business Management 4

Question 1

Which concept describes HR's role as a contributor to organizational profitability and strategy?

Accepted Answer

Strategic business partner

Answer

As a strategic business partner, HR contributes directly to strategy and organizational results.

Question 2

An organization's culture is best described as:

Accepted Answer

Shared values, beliefs, and norms guiding behavior

Answer

Organizational culture is the shared values, beliefs, and norms that shape how people behave.

Question 3

Which financial statement shows a company's assets, liabilities, and equity at a point in time?

Accepted Answer

Balance sheet

Answer

The balance sheet reports assets, liabilities, and equity as of a specific date.

Question 4

What does corporate social responsibility (CSR) primarily address?

Accepted Answer

Ethical, social, and environmental impact beyond profit

Answer

CSR concerns an organization's ethical, social, and environmental responsibilities beyond pure profit.

Question 5

A project plan that displays tasks against a timeline using bars is called a:

Accepted Answer

Gantt chart

Answer

A Gantt chart visualizes project tasks and their durations along a timeline.

PHR Practice Test