Commercial Applications
A company is facing high turnover rates and low employee morale. Which HRM strategy would be most effective in addressing these issues?
- Implementing a rigorous training program for new hires
- Introducing a competitive bonus structure
- Conducting a comprehensive job analysis and redesign
- Enhancing employee participation in decision-making
Answer
Enhancing employee participation in decision-making
Reason — High turnover and low morale are problems related to employee motivation and integration. Enhancing employee participation in decision-making is part of the integration function of HRM, which reconciles the goals of the organisation with those of its members and helps in motivating employees, building sound human relations and improving quality of work life — directly addressing morale and retention.
Related Questions
…………… are the number of people working in an organisation together with their knowledge, skills, experience, attitudes, motivation and potential.
- Natural resources
- Human resources
- Financial resources
- None of these
Read the two statements below and choose the correct option:
Statement 1: Human Resource Management focuses exclusively on achieving organizational objectives without considering employee satisfaction.
Statement 2: Human Resource Development is solely concerned with compliance with legal requirements in the workplace.
- Only 1 is correct
- Only 2 is correct
- Both statements are false
- Both statements are true
Human resource management seeks to achieve …………… goals.
- Social
- Personal
- Both (A) and (B)
- None of these
It is the field of management which is concerned with the acquisition, development, compensation, maintenance and integration of human resources so as to achieve organisational, personal and social objectives.
- Financial management
- Selection
- Recruitment
- Human resource management