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Question
What do you understand by the term ‘human resources’?
Short Answer
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Solution
- Human resources, unlike physical assets, may evolve, adapt, and improve over time, providing long-term value to the organisation.
- It includes employees of all levels, from entry-level to senior management.
- Human resources are critical for task completion, decision-making, and corporate performance.
- It also requires managing and developing these people so that they can reach their full potential.
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Human Resource in a Commercial Organization
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