Question

“HRM plays a vital role both in an organisation and in the society.” Explain.

Answer 1

1. In an organisation, human resource management is crucial for a nation’s progress. To make the most of a country’s natural, physical, and financial resources, a skilled and dedicated workforce is essential. A nation's advancement largely relies on the abilities, mindset, and values of its people.
2. In society, HRM contributes to economic and social progress by providing meaningful employment, improving the quality of work life, and ensuring fair treatment and development of the workforce. It also plays a key role in national growth by enhancing the skills, attitudes, and values of people, which are crucial for utilising a nation's resources effectively.