Hris and record keeping Study guides, Study notes & Summaries

MNB1601_ Latest Exam Summary 2021. Business Management-MNB1601. Defining terms used in operations management Operations management is concerned with the management of the transformation process (the operations process) whereby products are manufactured or services rendered Concepts defined operations management: o The operations function is that function in the business aimed at the utilisation of resources to manufacture products or render services o Operations managers are the personnel ...

THIS DOCUMENT FOCUSES ON THE USE OF HUMAN RESOURCE INFORMATION SYSTEM (HRIM) AND RECORD KEEPING

1. The Family and Medical Leave Act permits employees in firms of 100 or more employees to take up to 12 weeks of paid leave for family or medical reasons. (Points : 1) True False Question 2. 2. An agency shop is a union security arrangement whereby employees must pay union dues to the certified bargaining unit even if they choose not to join the union. (Points : 1) True False Question 3. 3. A defined benefit plan is a retirement program that pays retiring employees a fixed retirement inco...