ENTREPRENEURSHIP

Detailed explanation-1: -Procurement Function: The procurement function is concerned with the obtaining of a proper kind and number of personnel necessary to accomplish an organisation’s goals.

Detailed explanation-2: -Operational personnel management focuses primarily on support functions or the processes relating to staff influx, for example recruitment, selection, onboarding, continued professional development, etc.

Detailed explanation-3: -According to Flippo, “Personnel management is the planning, organizing, compensation, integration and maintainance of people for the purpose of contributing to organizational, individual and societal goals.”

Detailed explanation-4: -The primary aim of personnel management is to help organisations achieve their goals by leveraging the skills of their employees. Besides matching the candidates with the right positions based on their skills and expertise, personnel management teams ensure they allocate the right resources to the right jobs.

Detailed explanation-5: -Personnel management deals with the managerial function of estimating and classifying human resources requirements for meeting organizational goals through people at work and their relationships with each other.