ENTREPRENEURIAL OPERATIONS
HUMAN RESOURCE MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What is the main factor that influenced the transition from traditional to modern human resource management?
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Social changes
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Technological advancements
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Globalization
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Environmental sustainability
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Explanation:
Detailed explanation-1: -Economic and political factors have significant effects on human resource management (HRM). These factors determine an organization’s financial strength, impacting decisions related to employment, compensation, and workforce planning. Technological advancements play a crucial role in shaping HRM practices.
Detailed explanation-2: -HR technologies that boost management and improve efficiency, such as taking the hassle out of payroll using a gross-up calculator, result in the overall success of the company. Regardless of their size or industry, organizations are striving to improve organizational performance.
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