ENTREPRENEURIAL OPERATIONS
HUMAN RESOURCE MANAGEMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Industrial relations aspect
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Welfare aspect
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Personnel aspect
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None of the above
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Detailed explanation-1: -(2) Industrial Relations Aspect: It mainly covers union management relations, joint consultation, collective bargaining, grievance, settlement of disputes, etc.
Detailed explanation-2: -It covers but is not limited to HR planning, hiring (recruitment and selection), training and development, payroll management, rewards and recognitions, Industrial relations, grievance handling, legal procedures etc.
Detailed explanation-3: -The Labour or Personnel Aspect: This is concerned with manpower planning, recruitment, selection, placement, transfer, promotion, training and development, lay-off and retrenchment, remuneration, incentives, productivity, etc.
Detailed explanation-4: -Employee welfare means anything done for the comfort and (intellectual or social) improvement of the employees, over and above the wages paid. In simple words, it means “the efforts to make life worth living for workmen.” It includes various services, facilities and amenities provided to employees for their betterment.