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What do you understand by Human Resources Management? - Commercial Applications

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Question

What do you understand by Human Resources Management?

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Solution

Human Resource Management (HRM) is the process of managing people within an organisation to achieve both the company’s goals and the personal growth of employees. It involves recruiting the right individuals, providing training and development opportunities, and ensuring that employees are motivated and satisfied in their roles. HRM also focuses on performance evaluation, fair compensation, and maintaining good employee relations to create a harmonious work environment. By planning for future manpower needs and aligning employee efforts with organisational objectives, HRM ensures the effective utilisation of human resources, enhances productivity, and contributes to the overall success of the organisation.

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Chapter 7: Functioning of a Commercial Organisation - EXERCISES [Page 90]

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C. B. Gupta Commercial Applications [English] Class 9 ICSE
Chapter 7 Functioning of a Commercial Organisation
EXERCISES | Q III. 2. | Page 90
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