Managing Human Resources in Small and Entrepreneurial Firms
15 questions available
Questions
According to Chapter 18, at approximately what number of employees does a small business typically reach the milestone where it can afford a dedicated HR specialist?
View answer and explanationWhat is a key reason cited in Chapter 18 for why human resource management tends to be more informal in smaller firms?
View answer and explanationAccording to a study mentioned on page 591, what did successful high-growth, family-owned SMEs place more stress on compared to less successful ones?
View answer and explanationWhat is the name of the U.S. Department of Labor's tool designed to help small business managers determine which employment laws apply to their businesses?
View answer and explanationAccording to the discussion on leveraging small size, which of these is NOT an example of what Wards Furniture does to create a flexible work environment?
View answer and explanationThe chapter discusses a streamlined interviewing process for small businesses. Which of the following is NOT one of the four basic required factors to focus on in this process?
View answer and explanationWhat is a Professional Employer Organization (PEO) also commonly known as?
View answer and explanationWhat is the primary benefit for a small business to use an employee leasing firm (PEO), according to the text on page 601?
View answer and explanationThe chapter describes the 'Cost-Effectiveness Plus' suggestion program at a Lockheed Martin unit. How much did this program reportedly save the facility per implemented idea?
View answer and explanationAccording to the text, what percentage of small business owners' time is estimated to be spent on personnel-related paperwork?
View answer and explanationChapter 18 discusses several ways entrepreneurs can leverage their small size. Which of the following is an example of providing 'Flexibility in Training'?
View answer and explanationWhat is the SIMPLE IRA plan designed for, as described on page 600?
View answer and explanationWhat is a primary characteristic of an entrepreneur's management style in a small firm, as identified on page 590?
View answer and explanationWhat is the primary function of an integrated human resource information system (HRIS) as described in the 'Automating Individual HR Tasks' section?
View answer and explanationOne of the key differences in HR management for small firms is informality. A study of about 900 small companies found that their training tended to emphasize what method?
View answer and explanation