Introduction to Human Resource Management

Hears, Understands, Moves, Adjusts, Negotiates.

Quantitative assets refer to the adequate number of people required to perform all activities in an organization.

Qualitative assets involve the knowledge, competence, skills, and abilities of employees, while quantitative assets pertain to the number of employees.

<p>Interrelated physiological, sociological, psychological, and ethical components.</p> Signup and view all the answers

<p>Men, rather than markets, capital, patents, or equipment.</p> Signup and view all the answers

<p>It refers to the aggregate of knowledge, skill, experience, and health of employees.</p> Signup and view all the answers

<p>Human resources have always been crucial for completing essential tasks in various societies.</p> Signup and view all the answers

<p>It enhances overall efficiency and effectiveness in achieving organizational objectives.</p> Signup and view all the answers

<p>Human resources manage money, material, and machines efficiently and effectively for productive purposes.</p> Signup and view all the answers

<p>Human resources can effect savings in time and labor operations, leading to lower costs.</p> Signup and view all the answers

<p>Human resources control the wastage of resources and contribute to the productivity of an economy.</p> Signup and view all the answers

<p>Development is participatory, allowing individuals to decide their own needs for growth at their own pace.</p> Signup and view all the answers

<p>The success or failure of an organization depends on the quality and adequacy of its human resources.</p> Signup and view all the answers

<p>Human resources are responsible for planning, organizing, directing, and controlling business policies.</p> Signup and view all the answers

<p>Development is the process of expanding or realizing productivity and bringing people to a fuller state.</p> Signup and view all the answers

<p>Development begins with communication, as individuals express what is wrong with their situation.</p> Signup and view all the answers

<p>The primary focus of human resource management is the strategic approach to managing people effectively to meet the needs of both individuals and the organization.</p> Signup and view all the answers

<p>HRM is more comprehensive and strategic, focusing on long-term development and organizational culture rather than just training and development.</p> Signup and view all the answers

<p>HRM is proactive because it anticipates future needs and challenges in the workforce rather than merely responding to issues as they arise.</p> Signup and view all the answers

<p>HRM encompasses responsibilities related to managing work, managing workers, and managing managers.</p> Signup and view all the answers

<p>HRM's employee-oriented approach emphasizes maximizing individual skills and motivation by consulting with the workforce.</p> Signup and view all the answers

<p>Organizational culture plays a crucial role in HRM by shaping policies and programs that align with the core values of the organization.</p> Signup and view all the answers

<p>HRM contributes to qualitative improvement by continuously enabling employees to enhance their competencies and capabilities.</p> Signup and view all the answers

<p>HRM as a production model approach views personnel management as a systematic process focused on optimizing the performance of human resources.</p> Signup and view all the answers

<p>Human resources are essential for achieving organizational success through effective management and alignment with corporate objectives.</p> Signup and view all the answers

<p>The five managerial functions are planning, organizing, directing, controlling, and maintaining.</p> Signup and view all the answers

<p>Planning is vital as it helps to manage change, set goals, and formulate policies to achieve those goals.</p> Signup and view all the answers

<p>Corporate culture influences organizational climate and managerial behavior, which are critical for reaching excellence.</p> Signup and view all the answers

<p>Forecasting is integral to planning as it involves anticipating future conditions that inform policy formation.</p> Signup and view all the answers

<p>Operative functions include employment (procurement), human resources development, compensation, integration, and maintenance.</p> Signup and view all the answers

<p>HRM emphasizes better working conditions to ensure employees feel comfortable and promote positive relationships in the workplace.</p> Signup and view all the answers

<p>Integration refers to the process of getting all employees involved and working together towards a common purpose.</p> Signup and view all the answers

<p>The primary purpose of human resource planning is to bridge the gap between the current workforce and the future human resource needs of the organization.</p> Signup and view all the answers

<p>The key steps are: determination of objectives, forecasting, search of alternatives, evaluation of alternatives, and selection of plans.</p> Signup and view all the answers

<p>Planning contributes to organizational success by ensuring that there is a systematic approach to achieving goals and addressing anticipated changes in the workforce.</p> Signup and view all the answers

<p>Poor planning can lead to chaos and inefficiency, as organizations may lack direction, have mismatched resources, and fail to meet their objectives.</p> Signup and view all the answers

<p>Determination of objectives.</p> Signup and view all the answers

<p>Organizing involves allocating tasks and establishing authority among personnel to ensure effective coordination towards common objectives.</p> Signup and view all the answers

<p>Identification and grouping the activities to be performed and dividing them among individuals.</p> Signup and view all the answers

<p>Research is crucial because it provides the data and insights necessary for making informed predictions about labor market trends and personnel needs.</p> Signup and view all the answers

<p>Directing primarily involves motivating, leading, and supervising employees to achieve organizational goals.</p> Signup and view all the answers

<p>A manager should consider what to do, when to do it, where to do it, how to do it, who is to do it, and how to evaluate the results.</p> Signup and view all the answers

<p>Issuing orders, guiding subordinates, supervising their work, and inspiring higher productivity.</p> Signup and view all the answers

<p>Systematic planning is significant because it provides a structured approach to decision making, ensuring that all business activities are aligned with overall objectives.</p> Signup and view all the answers

<p>Motivating specifically focuses on inducing and inspiring workers to enhance their performance.</p> Signup and view all the answers

<p>Authority and responsibility relationships.</p> Signup and view all the answers

<p>Dynamic leadership involves providing active guidance and influence over subordinates’ actions.</p> Signup and view all the answers

<p>It refers to supplying the necessary stimulus for a group of individuals to take action.</p> Signup and view all the answers