Human Resource Management - Directing and Staffing Quiz

Staffing = Involves acquiring, deploying, and retaining a workforce Directing = Guiding and supervising employees to achieve organizational goals Organising = Structuring resources and tasks to meet objectives effectively Controlling = Monitoring performance and taking corrective actions

World Bank = Established in 1944 to provide financial and technical assistance for development projects A.H. Cole = Noted for his work on human resource management practices Kilby Peter = Known for advancements in life insurance policies R. Cantill = Made significant contributions to insurance industry regulations

Life Insurance = Principle of utmost good faith Marine Insurance = Covers risks while vessel is anchored at port Fire Insurance = Protects against loss due to fire incidents Motor Insurance = Provides coverage for vehicles against damages

<p>Savings Account = Individuals looking to save money for future needs Current Account = Used for frequent business transactions Fixed Deposit Account = Ideal for long-term savings with higher interest rates Recurring Deposit Account = Monthly savings plan with fixed deposit amount</p> Signup and view all the answers

<p>Private companies = Own and manage railways in India Government = Responsible for ownership and management of Indian railways Public-private partnership (PPP) = Joint ownership and management model for railways Indian Railways Corporation (IRC) = Entity overseeing operations of Indian railways</p> Signup and view all the answers

<p>policy</p> Signup and view all the answers

<p>Government</p> Signup and view all the answers

<p>payee</p> Signup and view all the answers

<p>Warehouses</p> Signup and view all the answers

<p>Current Account</p> Signup and view all the answers