What is meant by Human Resource Management? What are its objectives? E

Question

What is meant by Human Resource Management? What are its objectives? Explain the role of HRM in Retailing.

08 Oct 2021

Answer :

Word Count : 655

Human resource management (HRM) is the practice of recruiting, hiring, deploying and managing an organization's employees. HRM is often referred to simply as human resources (HR). A company or organization's HR department is usually responsible for creating, putting into effect and overseeing policies governing workers and the relationship of the organization with its employees. The term human resources was first used in the early 1900s, and then more widely in the 1960s, to describe the people who work for the organization, in aggregate.

HRM is employee management with an emphasis on those employees as assets of the business. In this context, employees are sometimes referred to as human capital. ____ _______ _________ __________ ____ ___ _______.
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