ENTREPRENEURIAL OPERATIONS
HUMAN RESOURCE MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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TRUE
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FALSE
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Either A or B
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None of the above
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Detailed explanation-1: -Human resource management (HRM), or staffing, is the management function devoted to acquiring, training, appraising, and compensating employees. In effect, all managers are human resource managers, although human resource specialists may perform some of these activities in large organizations.
Detailed explanation-2: -Basic to all Functional Areas: Human Resource Management permeates all the functional area of management such as production management, financial management, and marketing management.
Detailed explanation-3: -This is a false statement. Human resource management is a part of the management process which develops and manages human elements of the enterprise. Large organizations prefer to have a separate department to carry out staffing functions. This department is known as the personnel management department.