GK
HUMAN RESOURCE MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The following function is not an aspect of procurement as an HR function
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Recruitment
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Compensation
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placement
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None of the above
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Explanation:
Detailed explanation-1: -Employees’ contribution to social security schemes are not included in compensation of employees, whereas, wages and salaries in cash and windfall gains are included in compensation of employees.
Detailed explanation-2: -HRM function does not involve financial planning.
Detailed explanation-3: -The procurement function includes manpower planning and forecasting, recruitment, selection, appointment, placement and induction of employees so as to have a team of efficient and capable employees for the benefits of the Organisation.
There is 1 question to complete.