Human Resource Management


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INDIAN SCHOOL OF BUSINESS MANAGEMENT AND ADMINISTRATION
 

AN ISO 9001:2015 CERTIFIED INTERNATIONAL B-SCHOOL
 

Name :                                                                                                                       Marks : 80
Course :Masters in Business Administration (MBA 4 Sem)
Subject : Human Resource Management
 


Answer the following question.

Q1. What are the internal sources of recruitment?
Answer : 1. Present Employees:
Promotions and transfers from among the present employees can be a good source of recruitment. Promotion implies upgrading of an employee to a higher position carrying higher status, pay and responsibilities. Promotion from among the present employees is advanta­geous because the employees promoted are well acquainted with the organisational culture, they get motivated, and it is cheaper also.
Promotion from among present employees also reduces the require­ment for job training. However, the disadvantage lies in limiting the choice to

Q2. Explain the model of strategic HRM? What are the strategic challenges HRM facing?
Answer : Human Resources models help to explain the role of HR in the business. In this article, we will go over the 5 most practical HR models. These models enable us to explain what HR’s role is, how HR adds value to the business, and how the business influences HR.
1.       The Standard Causal Model of HRM
2.       The 8-box model by Paul Boselie
3.       The HR value chain
4.       The HR Value Chain Advanced
5.       The Harvard Framework for HR

1. The Standard Causal Model of HRM

The best-known HR model is the Standard


Q3. What are the various approaches to Employee discipline?

Answer : Different Approaches towards Discipline in a Management are as follows:

Judicial Approach

Under this approach, the nature of offence in a particular situation is determined by carefully weighing the evidence and taking all the steps prescribed for disciplinary procedure.

Management
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Q4. what are the main objectives of Collective Bargaining?

Answer : Collective bargaining is a process of negotiating between management and workers represented by their representatives for determining mutually agreed terms and conditions of work which protect the interest of both workers and the management. According to Dale Yoder’, “Collective bargaining is essentially a process in which employees act as a group in seeking to shape conditions and relation­ships in their employment”.

Michael J. Jucious has defined collective bargaining



Q5. Discuss the factors influences on Compensation?

Answer : Everything you need to know about the factors affecting employee compensation. Compensation is a very important issue in Human Resource Management (HRM) and affects the relations between management and workers.

Compensation is also one of the biggest reasons of dispute between employers and employees. Employees provide their services to the business; they


Q6. Explain the selection process?

Answer : The selection process can be defined as the process of selection and shortlisting of the right candidates with the necessary qualifications and skill set to fill the vacancies in an organisation. The selection process varies from industry to industry, company to company and even amongst departments of the same company.
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Q7. Give the various techniques of forecasting demand of Human resources?

Answer : Managerial judgement : This technique is very simple. In this managers sit together, discuses and arrive at a figure which would be the future demand for labour. The technique may involve a “bottom-up” or a “top-down” approach. In the first, line managers submit their department proposals to top managers who arrive at the company forecasts. These forecasts are reviewed with departmental heads and agreed upon.


Q8. Discuss the evolution of HRM?
Answer : Everything you need to learn about the evolution of HRM (human resource management.) Evolution of HRM over the period of time is important for understanding the philosophy, functions, and practices of HRM that are followed in different situations so that relevant HRM practices are evolved in the present situation.

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