INTRODUCTION TO ENTREPRENEURSHIP
ENTREPRENEURIAL PROCESS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Human Resources
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Hiring, firing, and managing the company benefits and educational opportunities for employees are all classified as which function?
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The stage in which the entrepreneur generates ideas, recognizes opportunities, and determines the feasibility of ideas, markets, ventures, etc.
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The process of starting and operating one’s own business
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None of the above
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Explanation:
Detailed explanation-1: -Human resource management systems allow you to organize your workforce by determining and linking hierarchical roles and defining teams or departments. By doing this, you leave a clear and consistent picture for employees to understand the expected workflow. Another key advantage is payroll organization and scheduling.
Detailed explanation-2: -Human resource management (HRM) is the process of employing people, training them, compensating them, developing policies relating to them, and developing strategies to retain them.
There is 1 question to complete.