ENTREPRENEURSHIP

Detailed explanation-1: -2) Which of the following correctly defines the Human Resource Department? Explanation: As the name suggests, the human resource department handles all the organization’s activities pertaining to the employees. Interrelated Physiological, Psychological and Socio-ethical aspects of a human being.

Detailed explanation-2: -Human resources (HR) is the division of a business responsible for finding, recruiting, screening, and training job applicants. HR departments also handle employee compensation, benefits, and terminations. HR departments must keep up to date with laws that can affect the company and its employees.

Detailed explanation-3: -Human Resources manages 5 main duties: talent management, compensation and employee benefits, training and development, compliance, and workplace safety. An HR department can help provide organizational structure and the ability to meet business needs by effectively managing the employee lifecycle.

Detailed explanation-4: -HR service delivery is important because human resources is a core function for many organizations, and delivering it as a service from a single platform allows employees to interact with HR and meet their needs in an efficient way.

Detailed explanation-5: -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.