ENTREPRENEURSHIP

Detailed explanation-1: -Human resources (HR) is the set of people who make up the workforce of an organization, business sector, industry, or economy. A narrower concept is human capital, the knowledge and skills which the individuals command. Similar terms include manpower, labor, personnel, associates or simply: people.

Detailed explanation-2: -In an organization, Human Resources is the department in charge of all employees and employee-related operations. As a term, we also use it to describe the entire workforce of an organization. In this HR definition, we’ll focus on human resources as a business function.

Detailed explanation-3: -Workforce refers to the total number of people who are employed in a specific company, or are working on a specific task-i.e. human resources. And, as the very definition suggests, the concept of workforce management is closely related to the optimization of workers’ productivity.

Detailed explanation-4: -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.