NAME: ircle the letter before the most accurate answer. 1. Which of the function
ID: 349378 • Letter: N
Question
NAME: ircle the letter before the most accurate answer. 1. Which of the functions of human resource management (HRM) includes the process of finding, screening, and selecting people for a specific job? A. Recruiting and hiring B. Evaluating C. Planning and Staffing needs D. Training and motivating E. Terminating and repositioning What form of employee compensation is directly tied to corporate profits? A. Salary B. Base Pay C. Bonuses D. Wages E. Commissions 2. Employees at an industrial production plant can contribute up to 5% of their pretax income into a fund managed by an investment group. The company will match 50% of their contributions, what type of retirement plan does this plant use? A. Profit sharing plan B. Employee stock purchase plan C. Defined benefit pension plan D. Stock option plan E. 401K 4. Which of the following is the BEST description of a golden parachute? A. Employees are offered the opportunity to purchase a specified number of shares of company stock at a certain price within a specified period of time. A company's pension plan allows employees to invest in company stock, effectively giving employees significant ownership in the company. A company provides a bonus structure for employees if the company achieves certain profit targets. A company offers financial incentives to older employees to encourage them to retire. The company specifies the amount of income an employee will receive from his/her pension plan upon retiring. 8. c. D. E.Explanation / Answer
1). (A). Recruiting and Hiring
2). (E). Commissions
3). (A). Profit sharing plan
4). (D). A company offers financial incentives to older employees to encourage them to retire
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