Target Exam

CUET

Subject

Business Studies

Chapter

Controlling

Question:

Which of the following is a standard used for measuring performance in human resource management?

A) Labour relations
B) Liquidity
C) Labour turnover
D) Sales expense
E) Labour absenteeism

Choose the correct answer from the options given below.

Options:

ABC

ACD

ACE

BDE

Correct Answer:

ACE

Explanation:

The correct answer is option 3- ACE.

A) Labour relations, C) Labour turnover, E) Labour absenteeism are related with HRM.

B) Liquidity- standard for finance and accounting
D) Sales expense- standard for marketing

 

Standards used in Functional Areas to Gauge Performance

Production Marketing Human Resource Management Finance and Accounting
Quantity Sales volume Labour relations Capital expenditure
Quality Sales expense Labour turnover Inventory
Cost Advertising expenditure Labour absenteeism Flow of capital
Individual job Individual   Liquidity
Performance Sales-person’s performance