Effectiveness of Human Resource Management (HSC SSCE Business Studies): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
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Practise the questions
10 questions from this quiz
What are indicators in HR management?
What are indicators in HR management?
Performance metrics measuring effectiveness
What is benchmarking?
What is benchmarking?
Comparing indicators to identify improvements
Which benchmarking type links indicators directly to the strategic plan?
Which benchmarking type links indicators directly to the strategic plan?
Balanced scorecard benchmarking
What is corporate culture?
What is corporate culture?
Shared values & beliefs in a business
Which indicates poor corporate culture?
Which indicates poor corporate culture?
High staff turnover rates
What forms the foundation of great workplace culture?
What forms the foundation of great workplace culture?
Trust
What is Australia's average annual staff turnover rate?
What is Australia's average annual staff turnover rate?
12-15%
What is considered the greatest cost of high turnover?
What is considered the greatest cost of high turnover?
Knowledge loss
Which is a push factor causing staff to leave?
Which is a push factor causing staff to leave?
Poor management
Why are certain KPIs prioritised for benchmarking?
Why are certain KPIs prioritised for benchmarking?
They directly impact performance & profit