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What is meant by HRM? - Commercial Applications

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Question

What is meant by HRM?

Answer in Brief

Solution

  1. Human resource management may be defined as a set of policies, programmes, and practices designed to maximise both personal and organisational objectives.
  2. It is the process of binding people and organisations together so that the objectives of each are achieved.
  3. According to Flippo, personnel management, or human resource management, is "the planning, organising, directing, and controlling of the procurement, development, compensation, integration, maintenance, and reproduction of human resources to the end that individual, organisational, and societal objectives are accomplished."
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Human Resource in a Commercial Organization
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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 4. | Page 149
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