GK
HUMAN RESOURCE MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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production
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labour cost
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wage
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all of the above
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Detailed explanation-1: -Wage factor would be relatively low if supply of labour is higher than demand. Wages are the price that workers receive for their labor in the form of salaries, bonuses, royalties, commissions, and fringe benefits, such as paid vacations, health insurance, and pensions.
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: -Answer & Solution Solution: Job evaluation is the process establishing the value or worth of jobs in a job hierarchy and compares the relative intrinsic value or worth of jobs within an organization. Once this programme installed must be continued on a permanent basis.