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State the national significance of human resource management. - Commercial Applications

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Question

State the national significance of human resource management.

Answer in Brief

Solution

  1. Human resources and their management are crucial to a nation's development.
  2. Efficient and dedicated manpower is essential for the optimal use and management of a country’s natural, physical, and financial resources.
  3. The disparity in development among nations with similar resources stems from the quality of their workforce.
  4. Countries remain underdeveloped when their people lack advancement.
  5. The degree of a nation's progress is mainly determined by the skills, attitudes, and values of its human resources.
  6. Proper management of these resources accelerates economic growth, leading to improved living standards and higher employment rates.
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Role of Human Resource Management
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Chapter 9: Importance of Human Resources - EXERCISES [Page 149]

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Goyal Brothers Prakashan Commercial Applications [English] Class 10 ICSE
Chapter 9 Importance of Human Resources
EXERCISES | Q 2. | Page 149
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