Answer these HRM in Small to Medium Sized Enterprises MCQs and see how sharp is your knowledge of HRM in Small to Medium Sized Enterprises.
Scroll down and let's start!
A. Transitional economies
B. Developing economies
C. Economies throughout the world
D. Western industrialised economies
A. Human capital
B. Physical capital
C. Financial capital
D. Liabilities
A. Tend to have well-developed HR systems
B. Tend to be an homogeneous cohort of businesses
C. Tend to have well-developed ICT systems
D. Tend to lack formal HR systems
A. Increases by size
B. Can be influenced by prevailing industry conditions
C. Can be influenced by supply chain relationships
D. All of the above
A. A formal, strategic approach to managing HR is unsuitable for SMEs
B. A strategic approach to managing HR is often seen as vital to the success of SMEs
C. Informality is always detrimental to effective HR management
D. Robust ICT systems guarantee successful human capital management in SMEs
A. Their external environment
B. Being under-resourced in terms of human capital
C. Being under-resourced in terms of financial capital
D. All of the above
A. Easily managed in SMEs
B. Follow typical life cycle models, moving always from informal to formal practices
C. See transitory phases characterised by the coexistence of formality and informality
D. None of the above
A. A higher percentage of employees from a range of groups that have traditionally faced some form of disadvantage in the labour market
B. More qualified employees
C. More workers than they need
D. Older workers than their larger counterparts
A. Formalised procedures for managing performance reviews, disciplinary processes, or dismissals of workers tend to be rare
B. The rewards of employment are multidimensional, including the potential payoff from gambling on an innovation, an invention or business prospects, or the opportunity to work in an environment unencumbered by the traditional constraints of bureaucracy
C. There is considerable variation in undertaking recruitment and selection, training and development, and appraisal and reward
D. All of the above
A. Mainly business-owners
B. Employees of SMEs
C. Local communities and supply chains within which SMEs are embedded
D. All SME stakeholders