BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

HUMAN RESOURCES MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
During the initial startup of the new business venture, who will be responsible for the human resources management function of the new business?
A
the entrepreneur
B
the accountant
C
the personnel department
D
the venture capitalists
Explanation: 

Detailed explanation-1: -Line Managers issue orders or directives in an organization, while Staff Managers issue advice in the matters related to business. The Line Manager is responsible for all the activities related to HR management, including hiring, training, motivating, developing, appraising, and compensating employees.

Detailed explanation-2: -An entrepreneur is an individual who creates a new business, bearing most of the risks and enjoying most of the rewards. The process of setting up a business is known as entrepreneurship.

Detailed explanation-3: -A human resources department is a critical component of employee well-being in any business, no matter how small. HR responsibilities include payroll, benefits, hiring, firing, and keeping up to date with state and federal tax laws.

Detailed explanation-4: -Some of the most crucial functions, an entrepreneur must perform is to recruit the required man force, assign work to different people, influence them to complete their tasks and retain employees to help the enterprise in growth and expansion.

There is 1 question to complete.