GENERAL KNOWLEDGE

GK

HUMAN RESOURCE MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Human resources management is not relevant to small business organizations.
A
True
B
False
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -Answer: FALSE Explanation: Human resource management activities tend to be more informal in smaller firms. Training, for example, tends to involve co-worker and supervisory on-the-job training rather than the formal training programs used by large firms.

Detailed explanation-2: -HRM is employee management with an emphasis on those employees as assets of the business. In this context, employees are sometimes referred to as human capital. As with other business assets, the goal is to make effective use of employees, reducing risk and maximizing return on investment (ROI).

Detailed explanation-3: -The most significant difference between HR in small and big businesses is the internal and external perception of capability and positive influence. HR teams in small businesses can learn a lot about success from bigger, more experienced teams in bigger organizations.

Detailed explanation-4: -A human resource department is also in charge of keeping employees safe, healthy, and satisfied. With proper HR management, workplace policies keep up with necessary protective measures and implementation and provide solutions to issues between team members, avoiding risk for the company and its employees.

There is 1 question to complete.