ENTREPRENEURIAL OPERATIONS
HUMAN RESOURCE MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The management of financial resources
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The relationship between a business and its suppliers
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The development of a marketing plan
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The management of employees
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Detailed explanation-1: -Which of the following best describes HRM? The focus of human resource management (HRM) is on managing people within the employer-employee relationship.
Detailed explanation-2: -Human resource management is the strategic approach to nurturing and supporting employees and ensuring a positive workplace environment. Its functions vary across different businesses and industries, but typically include recruitment, compensation and benefits, training and development, and employee relations.
Detailed explanation-3: -The function of HR professionals in the career pathing process is not unlike that of a compass on a journey. Essentially, HR simply points the employee in the right direction and assists in developing the plan used to get to the final destination.
Detailed explanation-4: -The statement which best describes the function of Human Resources Planning is the’ process of ensuring that people required running the company are being used as effectively as possible especially in fulfilling developmental needs in order to accomplish the organisation’s goals.