Commercial Applications
It is the field of management which is concerned with the acquisition, development, compensation, maintenance and integration of human resources so as to achieve organisational, personal and social objectives.
- Financial management
- Selection
- Recruitment
- Human resource management
Answer
Human resource management
Reason — As per Flippo's definition, Human Resource Management is the planning, organising, directing and controlling of the procurement, development, compensation, integration, maintenance and reproduction of human resources to the end that individual, organisational and societal objectives are accomplished.
Related Questions
A company is facing high turnover rates and low employee morale. Which HRM strategy would be most effective in addressing these issues?
- Implementing a rigorous training program for new hires
- Introducing a competitive bonus structure
- Conducting a comprehensive job analysis and redesign
- Enhancing employee participation in decision-making
Human resource management seeks to achieve …………… goals.
- Social
- Personal
- Both (A) and (B)
- None of these
The integration function in HRM focuses on resolving employee grievances and fostering positive labour relations.
- True
- False
Evaluate the following statements:
Statement 1: Performance appraisal is solely a tool for identifying underperforming employees.
Statement 2: Career planning is integral to employee motivation and organizational growth.
- Only 1 is correct
- Only 2 is correct
- Both statements are true
- Both statements are false