ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -Humans as a resource allude to individuals who are important to the labor force. The human asset assumes a critical part in the economy of a nation by adding to efficiency. The other asset becomes valuable due to the contribution of the human asset.

Detailed explanation-2: -Human resources specialists recruit, screen, and interview job applicants and place newly hired workers in jobs. They also may handle compensation and benefits, training, and employee relations.

Detailed explanation-3: -What are the three major roles of human resources management? Running payroll, writing job descriptions, creating workplace policies and procuring benefits packages are typical of HR administration.

Detailed explanation-4: -“A human being is not a resource-a human being is a possibility.It is just that there is always a distance between a possibility and a reality. What an individual human being will become, essentially depends upon whether we can unfold this possibility or not, ” he said.