Business Functions: Human Resources & Finance is one of 9 topics in the Grade 10 Business Studies CAPS syllabus, covered across 3 lessons on Study Vault. Below are real practice questions from this topic with full worked answers.
Sample practice questions
Easy
1. The human resources (HR) function is mainly responsible for:
Managing the people who work for the business
Managing the business's money
Deciding on product pricing
Producing the business's physical products
Answer: Managing the people who work for the business — The HR function manages the people who work for the business, from recruitment through training, remuneration, and beyond.
Easy
2. What does "recruitment and selection" involve?
Advertising a role and choosing the most suitable candidate to fill it
Only ever promoting existing employees, never hiring externally
Firing employees without any process
Setting the business's advertising budget
Answer: Advertising a role and choosing the most suitable candidate to fill it — Recruitment and selection involves identifying a role that needs to be filled, advertising it, and choosing the most suitable candidate based on skills, experience and suitability.
Medium
3. What is the HR term for fair and appropriate pay and benefits given to employees for their work?
Answer: Remuneration — Remuneration refers to the fair and appropriate pay and benefits employees receive for the work they do.