ENTREPRENEURSHIP

ENTREPRENEURIAL OPERATIONS

HUMAN RESOURCE MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which one is true about the important strategic tool of HRM?
A
HRM helps establish an organization sustainable competitive advantage
B
HRM should assume all countries have the same cultures
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -HR can provide insight into the going market rates for talent and what it might take to get high-quality hires on board. HR can review the competitive talent landscape and determine what compensation strategy will be best aligned with company goals.

Detailed explanation-2: -The primary principle of strategic human resource management is to improve business performance and uphold a culture that inspires innovation and works unremittingly to gain a competitive advantage. It’s a step above traditional human resources and has a wider reach throughout the organization.

Detailed explanation-3: -Most Talented Person: Hiring the most talented person based on what you can afford. Developing Talent: Developing that talent to maximize each individual’s potential. Working as a Team: Ensuring the team works effectively together. 02-Jul-2021

There is 1 question to complete.