Wednesday, 25 September 2013
Human Resource Managment001
Ch1-Introduction to Human Resource Management
https://docs.google.com/file/d/0B09cbTM1l8n7WExEcHA4LXdFZU0/edit
Manual to computerized switching of accounting
Accounting is an important part of every company. Businesses are required to keep books on their credits and debits. So which is best for your business idea - people or software?
here is a brief introduction about the ERP
https://docs.google.com/file/d/0B09cbTM1l8n7eVJpYWVJWkNPNEk/edit
HRM 3rd chapter notes
Wednesday25 Sep 2013
gary dessler 3rd chapter
https://docs.google.com/file/d/0B09cbTM1l8n7RlZmS1MxWTNCNU0/edit
gary dessler 3rd chapter
https://docs.google.com/file/d/0B09cbTM1l8n7RlZmS1MxWTNCNU0/edit
Wednesday, 17 July 2013
Tuesday, 16 July 2013
Thursday, 4 July 2013
financial accounting
Principal Objectives of financial accounting
By the end of financial accounting syllabus students are required to have sound knowledge about:
- Why organizations and other users of financial information need such information and how it helps them in making many of economic decisions rationally.
- What are the different elements of financial information and how they are interconnected with each other and what is accounting equation
- Role of International Accounting Standards Board (IASB) and how it regulates the financial information of entities around the world and the need for international accounting standards
- The qualitative characteristics that every financial information must posses the role of IASB conceptual framework
- How bookkeeping is done and what are the different business transactions and how they are recorded in books of account
- The accounting cycle and the importance of primary book of entries, ledgers and how they are connected with each other
- Preparing trial balance and the challenges faced by accountants while preparing trial balance and the different ways to overcome such challenges
- Preparing financial statements for different forms of entities and how they are different
- Preparing complete set of financial statements from incomplete records
financial accounting assignment
The father of accounting
In 1494, the firs
t book on double-entry accounting was published. The author was an Italian friar, Luca Pacioli. His impact on accounting was so great that five centuries later, accountants from around the world gathered in the Italian village of San Sepulcro to celebrate the anniversary of the book's publication.The first accounting book actually was one of five sections in Pacioli's mathematics book titled "Everything about Arithmetic, Geometry, and Proportions." This section on accounting served as the world's only accounting textbook until well into the 16th century.
t book on double-entry accounting was published. The author was an Italian friar, Luca Pacioli. His impact on accounting was so great that five centuries later, accountants from around the world gathered in the Italian village of San Sepulcro to celebrate the anniversary of the book's publication.The first accounting book actually was one of five sections in Pacioli's mathematics book titled "Everything about Arithmetic, Geometry, and Proportions." This section on accounting served as the world's only accounting textbook until well into the 16th century.
Since Pacioli was a Franciscan friar, he might be referred to simply as Friar Luca. While Friar Luca is often called the "Father of Accounting," he did not invent the system. Instead, he simply described a method used by merchants in Venice during the Italian Renaissance period. His system included most of the accounting cycle as we know it today. For example, he described the use journals and ledgers, and he warned that a person should not go to sleep at night until the debits equalled the credits! His ledger included assets (including receivables and inventories), liabilities, capital, income, and expense accounts. Friar Luca demonstrated year-end closing entries and proposed that a trial balance be used to prove a balanced ledger. Also, his treatise alludes to a wide range of topics from accounting ethics to cost accounting.
Pacioli was about 49 years old in 1494 - just two years after Columbus discovered America - when he returned to Venice for the publication of his fifth book, Summa de Arithmetica, Geometria, Proportioni et Proportionalita (Everything About Arithmetic, Geometry and Proportion). It was written as a digest and guide to existing mathematical knowledge, and bookkeeping was only one of five topics covered. The Summa's 36 short chapters on bookkeeping, entitled De Computis et Scripturis (Of Reckonings and Writings) were added "in order that the subjects of the most gracious Duke of Urbino may have complete instructions in the conduct of business," and to "give the trader without delay information as to his assets and liabilities" (All quotes from the translation by J.B. Geijsbeek, Ancient Double Entry Bookkeeping: Lucas Pacioli's Treatise, 1914).
Numerous tiny details of bookkeeping technique set forth by Pacioli were followed in texts and the profession for at least the next four centuries, as accounting historian Henry Rand Hatfield put it, "persisting like buttons on our coat sleeves, long after their significance had disappeared." Perhaps the best proof that Pacioli's work was considered potentially significant even at the time of publication was the very fact that it was printed on November 10, 1494. Guttenberg had just a quarter-century earlier invented metal type, and it was still an extremely expensive proposition to print a book.
Accounting practitioners in public accounting, industry, and not-for-profit organizations, as well as investors, lending institutions, business firms, and all other users for financial information are indebted to Luca Pacioli for his monumental role in the development of accounting.
Luca Pacioli was one of the greatest men of the Renaissance. He is also one of the least well known. This is surprising, for Luca Pacioli's manuscripts and ideas changed the way the world worked then, and continue to affect modern daily life.Luca Pacioli was born in Sansepulcro, in Tuscany. He was probably born during 1445. His family was poor, and Pacioli's future seemed very unpromising. Pacioli joined a Franciscan monastery in Sansepulcro and became an apprentice to a local businessman. The young Pacioli had always loved mathematics though, and he soon abandoned his apprenticeship to work as a mathematics scholar.
Pacioli befriended the artist Piero della Francesca, one of the first and greatest writers and artists of perspective. Francesca and Pacioli journeyed over the Appenines, where Francesca gave Pacioli access to the library of Frederico, the Count of Urbino. The collection of four thousand books allowed Pacioli to further his knowledge of mathematics.
Francesca also introduced Pacioli to Leon Baptist Alberti, who would become Pacioli's new mentor. Alberti brought Pacioli to Venice and arranged for him to tutor the three sons of the rich merchant Antonio de Reimpose. During this time, in the year 1470, Pacioli wrote his first manuscript at the age of twenty-five. The book was about algebra and was dedicated to the Reimpose boys.
Alberti also introduced Pacioli to Pope Paul II. Paul encouraged Pacioli to become a monk and dedicate his life to God. After Alberti died in 1472, Pacioli took the pope's suggestion, and took the vows of Franciscan Minor.
In 1475, Pacioli became a teacher at the University of Perugia, where he stayed for six years. He was the first lecturer to hold a chair in math at the University. In his lectures, Pacioli stressed the importance of putting theory to practical use. This emphasis on application of theory made him unique among his peers. While at the University of Perugia, Pacioli wrote his second manuscript, dedicated to the "Youth of Perugia."
After 1481, Pacioli wandered throughout Italy, and in some areas outside it, until he was called back to the University of Perugia by the Franciscans in 1486. By this time, Pacioli was beginning to call himself "Magister," meaning master, the equivalent of a full professorship in modern time.
The year 1494 is the only date during Pacioli's life that is absolutely certain. It was during this year that the forty-nine-year-old Pacioli published his famous book Summa de arithmetica, geometria, proportioni et proportionalita (The Collected Knowledge of Arithmetic, Geometry, Proportion and Proportionality). Pacioli wrote the Summa in an attempt to redress the poor state of mathematics teaching in his time. One section in the book made Pacioli famous. The section was Particularis de Computis et Scripturis, a treatise on accounting. De Scripturis was later described by some as "a catalyst that launched the past into the future."(Luca Pacioli: Unsung Hero of the Renaissance) Pacioli was the first person to describe double-entry accounting, also known as the Venetian method. This new system was state-of- the-art, and revolutionized economy and business. The Summa made Pacioli a celebrity and insured him a place in history, as "The Father of Accounting." The Summa was the most widely read mathematical work in all of Italy, and became one of the first books published on the Gutenberg press.
Pacioli's important manuscript made him instantly famous, and he was invited to Milan to teach mathematics at the Court of Duke Lodovico Maria Sforzo in Milan. One of his pupils would be Leonardo da Vinci. During the seven years Pacioli and da Vinci spent together, the two would help each other create two masterpieces that would withstand the test of time. Da Vinci illustrated Pacioli's next and second most important manuscript De Divina Proportione ("Of Divine Proportions"). Pacioli taught da Vinci perspective and proportionality. This knowledge allowed da Vinci to create one of his greatest masterpieces, a mural on the north wall of the Santa Maria de Gracia Dominican cloister. This mural is the most famous painting of the fifteenth century, known as "The Last Supper." The geometry Pacioli taught to da Vinci would occur in many of da Vinci's later works. Da Vinci mentions Pacioli many times in his notes.
In the years that followed Pacioli's relationship with da Vinci, he continued to teach and write. In 1509, De Divina Proportione and a work on Euclid were published in Venice. In the same year, Pacioli gave an important lecture on "Proportion and Proportionality," a lecture that emphasized the relationship of proportion to religion, medicine, law, architecture, grammar, printing, sculpture, music and all the liberal arts.
In 1510, Pacioli was appointed director of the Franciscan monastery in Sansepulcro, much to the dismay of his fellow monks. In 1514, Pope Leo III called Pacioli to the papacy in Rome to become a teacher there. Scholars are unsure about what happened to Pacioli afterwards, but they are fairly certain that he never made it to Rome. Pacioli probably died on June 19, 1517 in the monastery in Sansepulcro.
origin of accounting and bookkeeping
In her notes compiled in 1979, Professor Linda Plunkett College of Charleston S.C., calls accounting the "oldest profession"; in fact, since prehistoric times families had to account for food and clothing to face the cold seasons. Later, as man began to trade, we established the concept of value and developed a monetary system. Evidence of accounting records can be found in the Babylonian Empire (4500 B.C.), in pharaohs' Egypt and in the Code of Hammurabi (2250 B.C.). Eventually, with the advent of taxation, record keeping became a necessity for governments to sustain social orders.
The Italian Renaissance brought the artistic accomplishments of man to new heights. At this time, Venice was the business cradle of Europe, and it was here among merchants that double entry accounting was invented and practised. During this period Fra Luca Pacioli wrote his "Summa" dealing with record keeping and double-entry accounting, one of the very first published books of the time that would become the accounting "textbook" for the next 500 years.
Pacioli
Fra Luca Paciol was born during 1445 in Sansepolcro, Tuscany. He was a mathematician and friend of Leonardo da Vinci. He wrote and taught in many fields including mathematics, theology, architecture, games, military strategy and commerce. In 1494, Pacioli published his famous book "Summa de Arithmetica, Geometria, Proportioni et Proportionalita" (The Collected Knowledge of Arithmetic, Geometry, Proportion and Proportionality). One section of this book was dedicated to the description of double-entry accounting. The Summa was one of the first books published on the Gutenberg press, became an instant success and was translated into German, Russian, Dutch, and English. The Summa made Pacioli a celebrity and insured him a place in history, as "The Father of Accounting.
Fra Luca did not invent double-entry accounting, instead, he superbly described a method used by merchants in Venice during the Italian Renaissance. His system included most of today's accounting routines such as the use of memorandums, journals and ledgers. His ledger included assets--receivables and inventories--liabilities, capital, income, and expense accounts. He described the year-end closing entries and proposed that a trial balance be used to prove a balanced ledger. In addition, his Summa made reference to the certification of books, ethics and cost accounting.
There would be little modification to Pacioli's system for the next 500 years. The present day trial balance sheet did not get its form until 1868 and the income statement was developed before WWII In the 1980s, statements of financial position were developed with the purpose to provide relevant "information about the operating, financing, and investing activities of an enterprise and the effects of those activities on cash resources" (CICA 1540). _____
Wednesday, 3 July 2013
ecnomics 3rd lecture
2nd week 3rd lecture ecnomics
A. The Law of Demand
The law of demand states that, if all other factors remain equal, the higher the price of a good, the less people will demand that good. In other words, the higher the price, the lower the quantity demanded. The amount of a good that buyers purchase at a higher price is less because as the price of a good goes up, so does the opportunity cost of buying that good. As a result, people will naturally avoid buying a product that will force them to forgo the consumption of something else they value more. The chart below shows that the curve is a downward slope
A, B and C are points on the demand curve. Each point on the curve reflects a direct correlation between quantity demanded (Q) and price (P). So, at point A, the quantity demanded will be Q1 and the price will be P1, and so on. The demand relationship curve illustrates the negative relationship between price and quantity demanded. The higher the price of a good the lower the quantity demanded (A), and the lower the price, the more the good will be in demand (C).
Changes that decrease demand
Circumstances which can cause the demand curve to shift include:
- decrease in price of a substitute
- increase in price of a complement
- decrease in consumer income if the good is a normal good
- increase in consumer income if the good is an inferior good
Factors affecting market demand
Market or aggregate demand is the summation of individual demand curves. In addition to the factors which can affect individual demand there are three factors that can affect market demand (cause the market demand curve to shift):
- a change in the number of consumers,
- a change in the distribution of tastes among consumers,
- a change in the distribution of income among consumers with different tastes.
Some circumstances which can cause the demand curve to shift in include:- Decrease in price of a substitute
- Increase in price of a complement
- Decrease in income if good is normal good
- Increase in income if good is inferior good
B. The Law of Supply
Like the law of demand, the law of supply demonstrates the quantities that will be sold at a certain price. But unlike the law of demand, the supply relationship shows an upward slope. This means that the higher the price, the higher the quantity supplied. Producers supply more at a higher price because selling a higher quantity at a higher price increases revenue.
extraction and contraction
MIT BOOK
MIT BOOK
2nd semster infomation technolgy book
https://docs.google.com/file/d/0B09cbTM1l8n7SjJsRTFTbUNtUkE/edit
2nd semster infomation technolgy book
https://docs.google.com/file/d/0B09cbTM1l8n7SjJsRTFTbUNtUkE/edit
ecnomics
Ist Week lectures
2nd lecture
27th june2013
DEFINITIONS OF ECONOMICS
We have now formed an idea about the meaning of Economics. This at once leads to a general
definition of Economics. Economics is the social science that studies economic activities.
This definition is, however, too broad. It does not specify the exact manner in which the
economic activities are to be studied. Economic activities essentially mean production, exchange
and consumption of goods and services. However, with the progress of civilisation, the
complexity of the production, exchange and consumption processes in society have increased
manifold. Economists at different times have emphasised different aspects of economic
Meaning and Definitions
of Economics
These definitions can be classified into four groups:
1. Wealth definitions,
2. Material welfare definitions,
3. Scarcity definitions, and
4. Growth-centered definitions.
Adam Smith’s Definition
Adam Smith, considered to be the founding father of modern Economics, defined Economics as
the study of the nature and causes of nations’ wealth or simply as the study of wealth.
The central point in Smith’s definition is wealth creation. Implicitly, Smith identified
wealth with welfare. He assumed that, the wealthier a nation becomes the happier are its
citizens. Thus, it is important to find out, how a nation can be wealthy. Economics is the
subject that tells us how to make a nation wealthy. Adam Smith’s definition is a wealth-centred
definition of Economics.
Main Characteristics of Wealth Definitions
1. Exaggerated emphasis on wealth: These wealth centered definitions gave too much
importance to the creation of wealth in an economy. The classical economists like Adam Smith,
J.S. Mill, J.B. Say, and others believed that economic prosperity of any nation depends only on
the accumulation of wealth.
2. Inquiry into the creation of wealth: These definitions show that Economics also
deals with an inquiry into the causes behind the creation of wealth. For example, wealth of a
nation may be increased through raising the level of production and export.
3. A study on the nature of wealth: These definitions have indicated that wealth of a
nation includes only material goods (e.g., different manufactured items). Non-material goods
were not included. Hence, non-material goods like services of teachers, doctors, engineers,
etc., are not considered as ‘wealth’.
Alfred Marshall’s Definition
Alfred Marshall also stressed the importance of wealth. But he also emphasised the role of the
individual in the creation and the use of wealth. He wrote: “Economics is a study of man in
the ordinary business of life. It enquires how he gets his income and how he uses it. Thus, it is
on the one side, the study of wealth and on the other and more important side, a part of the
study of man”. Marshall, therefore, stressed the supreme importance of man in the economic
system. Marshall’s definition is considered to be material-welfare centred definition of
Economics.
Features of Material Welfare Definitions
The main features of material welfare-centred definitions are as follows:
1. Study of material requisites of well-being: These definitions indicate that Economics
studies only the material aspects of well-being. Thus, these definitions emphasise the
materialistic aspects of economic welfare.
2. Concentrates on the ordinary business of life: These definitions show that
Economics deals with the study of man in the ordinary business of life. Thus, Economics
enquires how an individual gets his income and how he uses it.
3. A stress on the role of man: These definitions stressed on the role of man in the
creation of wealth or income.
Lionel Robbins’ Definition
The next important definition of Economics was due to Prof. Lionel Robbins. In his book
‘Essays on the Nature and Significance of the Economic Science’, published in 1932, Robbins gave a
definition which has become one of the most popular definitions of Economics. According to
Robbins, “Economics is a science which studies human behaviour as a relationship between
ends and scarce means which have alternative uses”. A long line of economists after Robbins,
including Scitovsky and Cassel agreed with this definition and carried on their analysis in
line with this definition. It is a scarcity-based definition of Economics.
Main Features of Scarcity Definition
The principal features of scarcity definitions are as follows:
1. Human wants are unlimited: The scarcity definition of Economics states that human
wants are unlimited. If one want is satisfied, another want crops up. Thus, different wants
appear one after another.
2. Limited means to satisfy human wants: Though wants are unlimited, yet the means
for satisfying these wants are limited. The resources needed to satisfy these wants are limited.
For example, the money income (per month) required for the satisfaction of wants of an
individual is limited. Any resource is considered as scarce if its supply is less than its demand.
3. Alternative uses of scarce resources: Same resource can be devoted to alternative
lines of production. Thus, same resource can be used for the satisfaction of different types of
human wants. For example, a piece of land can be used for either cultivation, or building a
dwelling place or building a factory shed, etc.
4. Efficient use of scarce resources: Since wants are unlimited, so these wants are to be
ranked in order of priorities. On the basis of such priorities, the scarce resources are to be used
in an efficient manner for the satisfaction of these wants.
5. Need for choice and optimisation: Since human wants are unlimited, so one has to
choose between the most urgent and less urgent wants. Hence, Economics is also called a
science of choice. So, scarce resources are to be used for the maximum satisfaction (i.e.,
optimisation) of the most urgent human wants.
ECNOMICS
Ist Week lectures
ist lecture
26th june2013
1.1 INTRODUCTION
Any discussion on a subject must start by explaining what the subject is all about i.e., by
defining the subject. In this chapter, we shall define Economics. The questions which Economics
actually discusses will then be taken up in the subsequent chapters.
The principal fact about Economics that we must always remember is that it is a social
science. If we forget this, we tend to get bogged down with questions that are not relevant to
Economics and are best left to other disciplines.
1.2 MEANING OF ECONOMICS
The word ‘Economics’ originates from the Greek work ‘Oikonomikos’ which can be divided
into two parts:
(a) ‘Oikos’, which means ‘Home’, and
(b) ‘Nomos’, which means ‘Management’.
Thus, Economics means ‘Home Management’. The head of a family faces the problem
of managing the unlimited wants of the family members within the limited income of the
family. In fact, the same is true for a society also. If we consider the whole society as a ‘family’,
then the society also faces the problem of tackling unlimited wants of the members of the
society with the limited resources available in that society. Thus, Economics means the study
of the way in which mankind organises itself to tackle the basic problems of scarcity. All societies
have more wants than resources. Hence, a system must be devised to allocate these resources
between competing ends.
ist lecture
26th june2013
1.1 INTRODUCTION
Any discussion on a subject must start by explaining what the subject is all about i.e., by
defining the subject. In this chapter, we shall define Economics. The questions which Economics
actually discusses will then be taken up in the subsequent chapters.
The principal fact about Economics that we must always remember is that it is a social
science. If we forget this, we tend to get bogged down with questions that are not relevant to
Economics and are best left to other disciplines.
1.2 MEANING OF ECONOMICS
The word ‘Economics’ originates from the Greek work ‘Oikonomikos’ which can be divided
into two parts:
(a) ‘Oikos’, which means ‘Home’, and
(b) ‘Nomos’, which means ‘Management’.
Thus, Economics means ‘Home Management’. The head of a family faces the problem
of managing the unlimited wants of the family members within the limited income of the
family. In fact, the same is true for a society also. If we consider the whole society as a ‘family’,
then the society also faces the problem of tackling unlimited wants of the members of the
society with the limited resources available in that society. Thus, Economics means the study
of the way in which mankind organises itself to tackle the basic problems of scarcity. All societies
have more wants than resources. Hence, a system must be devised to allocate these resources
between competing ends.
Tuesday, 2 July 2013
HRM 4TH LECTURE
2nd week
4th lecture
Date:2nd july2013
trend shaping human resource managment
important trends in hrm
high performance work system
HRM
Chapter 1: Introduction to Human Resource Management
Multiple Choice
1.
The basic functions of
management include all of the following except _____.
a.
planning
b.
organizing
c.
motivating
d.
leading
e.
staffing
(c; moderate; p. 4)
2.
The management process is
made up of _____ basic functions.
a.
three
b.
four
c.
five
d.
eight
e.
ten
(c; moderate; p. 4)
3.
Which basic function of
management includes establishing goals and standards, developing rules and
procedures, and forecasting?
a.
planning
b.
organizing
c.
motivating
d.
leading
e.
staffing
(a; easy; p. 4)
4.
What specific activities
listed below are part of the planning function?
a.
giving each subordinate a
specific task
b.
recruiting prospective
employees
c.
training and developing
employees
d.
developing rules and
procedures
e.
all of the above
(d; moderate; p. 4)
5.
Celeste spends most of her
time at work setting goals and standards and developing rules and procedures.
Which function of management does Celeste specialize in?
a.
planning
b.
organizing
c.
motivating
d.
leading
e.
staffing
(a; easy; p. 4)
6.
Which basic function of
management includes delegating authority to subordinates and establishing
channels of communication?
a.
planning
b.
organizing
c.
motivating
d.
leading
e.
staffing
(b; easy; p. 4)
7.
What specific activities
listed below are part of the organizing function?
a.
giving each subordinate a
specific task
b.
recruiting prospective
employees
c.
training and developing
employees
d.
developing rules and
procedures
e.
all of the above
(a; moderate; p. 4)
8.
Which basic function of
management includes selecting employees, setting performance standards, and compensating
employees?
a.
planning
b.
organizing
c.
motivating
d.
leading
e.
staffing
(e; easy; p. 4)
9.
What specific activities
listed below are part of the staffing function?
a.
giving each subordinate a
specific task
b.
maintaining morale
c.
recruiting prospective
employees
d.
developing rules and
procedures
e.
both b and c
(c; moderate; p. 4)
10.
Which basic function of
management includes setting standards such a sales quotas and quality
standards?
a.
planning
b.
organizing
c.
controlling
d.
leading
e.
staffing
(c; easy; p. 4)
11.
What specific activities
listed below are part of the controlling function?
a.
giving each subordinate a
specific task
b.
recruiting prospective
employees
c.
training and developing
employees
d.
developing rules and
procedures
e.
checking to see how actual
performance compares with standards
(e; moderate; p. 4)
12.
_____ is the process of
acquiring, training, appraising, and compensating employees, and attending to
their labor relations, health and safety, and fairness concerns.
a.
Human Resource Management
b.
Labor Relations
c.
Industrial Psychology
d.
Organizational Behavior
e.
Organizational Health and
Safety Management
(a; easy; p. 4)
13.
Human resource management
is _____.
a.
the concepts and techniques
used to control people at work
b.
the process of organizing
work activities
c.
the process of identifying
countries with cheaper labor costs and relocating jobs to those countries
d.
the process of acquiring,
training, appraising, and compensating employees, and attending to their labor
relations, health and safety, and fairness concerns
e.
all of the above
(d; moderate; p. 4)
14.
_____ is the right to make
decisions, to direct the work of others, and to give orders.
a.
Leadership
b.
Authority
c.
Delegation
d.
Management
e.
Responsibility
(b; easy; p. 6)
15.
_____ are authorized to
direct the work of subordinates.
a.
Line managers
b.
Staff managers
c.
Leaders
d.
Advisory board members
e.
All of the above
(a; easy; p. 6)
16.
_____ are responsible for
assisting and advising line managers in areas like recruiting, hiring, and
compensation.
a.
Human resource managers
b.
Staff managers
c.
Line managers
d.
EEO officers
e.
Board members
(a; easy; p. 6)
17.
Effective human resource
management could include all of the following responsibilities except
_____.
a.
placing the right person in
the right job
b.
training employees
c.
controlling labor costs
d.
protecting employees’
health
e.
all are responsibilities
necessary for effective human resource management
(e; moderate; p. 6)
18.
Human resource managers
generally exert _____ within the human resources department and _____ outside
the human resources department.
a.
line authority; implied
authority
b.
staff authority; line
authority
c.
line authority; staff
authority
d.
functional control;
authoritarian control
e.
staff authority; specific
authority
(a; difficult; p.
7)
19.
Line managers respect the
knowledge human resource managers have in areas such as testing and affirmative
action. Consequently, human resource managers can influence line managers
through _____.
a.
line authority
b.
functional control
c.
implied authority
d.
explicit authority
e.
human capital
(c; moderate; p. 7)
20.
Which of the following
responsibilities do human resource managers fulfill in their role as employee
advocates?
a.
establish guidelines for
how management should be treating employees
b.
provide support for
employees contesting unfair practices
c.
represent employees’
interests as appropriate
d.
all of the above
e.
none of the above
(d; moderate; p. 7)
21.
All of the following are
examples of human resource job duties except _____.
a.
recruiter
b.
equal employment
opportunity coordinator
c.
financial advisor
d.
compensation manager
e.
labor relations specialist
(c; moderate; p. 7)
22.
Which of the following job
titles indicates a position in human resources?
a.
recruiter
b.
job analyst
c.
training specialist
d.
EEO coordinator
e.
all of the above
(e; easy; p. 7)
23.
Which of the following
tasks related to recruiting and hiring is not typically handled by HR
staff?
a.
specify necessary job
qualifications
b.
develop pool of qualified
applicants
c.
conduct initial screening
interviews
d.
administer tests
e.
explain benefits packages
(a; easy; p. 8)
24.
The expertise of human
resource departments became indispensable with the _____.
a.
emergence of union
legislation in the 1930s
b.
passing of equal employment
legislation
c.
increase of women in the
workforce
d.
movement of jobs to
countries with cheaper labor costs
e.
both a and b
(e; moderate; p. 9)
25.
_____ refers to the
tendency of firms to extend their sales, ownership, and/or manufacturing to new
markets abroad.
a.
Expansion
b.
Market development
c.
Globalization
d.
Export growth
e.
Diversification
(c; easy; p. 10)
26.
Most people who are
classified as nontraditional workers are _____.
a.
contingent workers
b.
independent contractors
c.
job sharing
d.
working multiple jobs
e.
caring for an elderly
parent
(b; difficult; p.
12)
27.
Which of the following is a
type of nontraditional worker?
a.
contingent workers
b.
part-time workers
c.
people working in
alternative work arrangements
d.
people with multiple jobs
e.
all of the above
(e;
moderate; p. 12)
28.
Jason Jackson takes on
various projects as an independent contractor. He works on several projects for
a variety of companies. When a project is complete, he moves on to another
project, often with a different company. Jason is a type of _____.
a.
contingent worker
b.
collateral worker
c.
manager
d.
consultant
e.
none of the above
(a; moderate; p.
12)
29.
Sarah Smith and her mother,
Anne, share one flight attendant job at JetBlue airlines. Sarah and Anne could
be classified as _____.
a.
flex-time workers
b.
contingent workers
c.
nontraditional workers
d.
traditional workers
e.
none of the above
(c; easy; p. 12)
30.
What term refers to the
knowledge, education, training, skills, and expertise of a firm’s workers?
a.
human resources
b.
human capital
c.
intangible assets
d.
knowledge assets
e.
intellectual property
(b; moderate; p.
13)
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