ENTREPRENEURSHIP

ENTREPRENEURIAL OPERATIONS

HUMAN RESOURCE 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: -The HR function will not be directly managing employees of different business areas, such as the sales or marketing department. It is down to the supervisors, managers and directors of those departments that have those day to day relationships to manage their workforce.

Detailed explanation-2: -Key Takeaways. A person who undertakes the risk of starting a new business venture is called an entrepreneur. An entrepreneur creates a firm to realize their idea, known as entrepreneurship, which aggregates capital and labor in order to produce goods or services for profit.

Detailed explanation-3: -HRM is often referred to simply as human resources (HR). A company or organization’s HR department is usually responsible for creating, putting into effect and overseeing policies governing workers and the relationship of the organization with its employees.

There is 1 question to complete.