ENTREPRENEURIAL OPERATIONS
HUMAN RESOURCE MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Recruitment
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Compensation
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placement
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None of the above
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Detailed explanation-1: -The procurement function includes manpower planning and forecasting, recruitment, selection, appointment, placement and induction of employees so as to have a team of efficient and capable employees for the benefits of the Organisation.
Detailed explanation-2: -HRM function does not involve financial planning. Human resource management mainly deals with the effective management of the people in an organization. Was this answer helpful?
Detailed explanation-3: -Four basic functions of Human Resource Management are Planning, Directing, Controlling and Organizing.
Detailed explanation-4: -One of the essential aspects of HRM is compensation. Compensation refers to all the financial and non-financial benefits that an employee receives in exchange for their work. This includes salaries, bonuses, commissions, and benefits such as health insurance and paid time off.