Podcast
Questions and Answers
What is one of the main functions of human resource management?
What is one of the main functions of human resource management?
Why are human resources considered important to an organization?
Why are human resources considered important to an organization?
What does human resource planning primarily involve?
What does human resource planning primarily involve?
Which role does NOT belong to human resource management?
Which role does NOT belong to human resource management?
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In what way does effective human resource management add value to an organization?
In what way does effective human resource management add value to an organization?
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Study Notes
Human Resource Management (HRM)
- HRM is the function of recruiting, training, and managing employees to meet organizational objectives.
Roles of HRM
- Human resource planning
- Recruitment, selection, and onboarding of new employees
- Training and development
- Performance management and appraisals
- Compensation and benefits review
- Disciplinary and grievance procedures
- Employee welfare
Importance of HRM
- Increases labor productivity and improves product quality
- Generates new ideas and enhances customer service
Human Resources as an Asset
- Many entrepreneurs see human resources as an organization's most valuable asset
- The right employees help businesses achieve their objectives
Human Resource Planning
- Human resource planning (workforce planning) anticipates and fulfills current and future staffing needs.
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Description
Explore the fundamental concepts of Human Resource Management (HRM). This quiz covers key roles, the importance of HRM, and how effective human resource planning can enhance organizational performance. Test your knowledge on recruitment, training, and employee management strategies.
