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Questions
With reference to the role of Human Resource Management, discuss the Significance of an enterprise.
Describe five advantages of human resource management for an enterprise.
Solution
Significance for an Enterprise: Human resource management can help an enterprise in achieving its goals more efficiently and effectively in the following ways.
- Attracting and retaining the required talent through effective human resource planning and recruitment, selection, placement, orientation, compensation and promotional policies.
- Developing the necessary skills and right attitudes among the employees through training, development, performance appraisal, etc.
- Securing the willing cooperation of employees through motivation, participation, grievance, handling, etc.
- Utilising effectively the available human resources.
- Ensuring that the enterprise will have in future a team of competent and dedicated employees.
RELATED QUESTIONS
Name and explain how Human Resource Management helps to improve the quality of work life of its employees.
Human resource management seeks to achieve ______ goals.
The effective exploitation and utilisation of a nation's natural, physical and financial resources require an efficient and committed manpower.
State the national significance of human resource management.
"Effective management of human resources is essential for the prosperity and welfare of an organisation, a society, and a nation." In the light of this statement, describe the role of human resource management.
"Real investment in today's society is not in plants and machines: it is in people." With reference to the above statement, explain the role of human resource management in a business organisation.
Human Resource Management is the management of people at work. With reference to the above statement explain the role of Human Resource Management in an organisation.
What is the professional and social significance of Human Resource Management?
