Employees are the Human Resources, as opposed to capital and equipment resources, in a company

Jun 18th, 2015
Studypool Tutor
Acadia University
Price: $30 USD

Tutor description

In the simple sense ,HRM means employing people, developing their resources, utilizing, maintaining and compensating their services in tune with the job and organizational requirements with a view to contribute to the goals of the organization, individual and the society.

Word Count: 12833
Showing Page: 1/83
Introduction to HRM: Employees are the Human Resources, as opposed to capital and equipment resources, in a company. Human Resources (HR) departments are responsible for all polices and activities that impact employees. The HR department is a crucial area of business success, as talented employees are a company's most important asset and greatest competitive advantage. Thus, HR executives are tasked with developing strategies that ensure employees contribute to the company's success.Meaning and definition of HRM: In the simple sense ,HRM means employing people, developing their resources, utilizing, maintaining and compensating their services in tune with the job and organizational requirements with a view to contribute to the goals of the organization, individual and the society. HRM can be defined as managing (planning, organizing, directing and controlling the functions of employing. Developing and compensating human resource resulting in the creation and development of human relations with a view to contribute to proportionately to the organizational, individual and social goals. According to Leon C Megginson, the term human resource can be thought of as the total knowledge, skills, creative abilities, talents and aptitude of an organizations workplace, as well as the value, attitudes and beliefs of the individuals involved.Importance of HRM: Human resource plays a c

Review from student

Studypool Student
" This tutor is great! "
Ask your homework questions. Receive quality answers!

Type your question here (or upload an image)

1819 tutors are online

Brown University





1271 Tutors

California Institute of Technology




2131 Tutors

Carnegie Mellon University




982 Tutors

Columbia University





1256 Tutors

Dartmouth University





2113 Tutors

Emory University





2279 Tutors

Harvard University





599 Tutors

Massachusetts Institute of Technology



2319 Tutors

New York University





1645 Tutors

Notre Dam University





1911 Tutors

Oklahoma University





2122 Tutors

Pennsylvania State University





932 Tutors

Princeton University





1211 Tutors

Stanford University





983 Tutors

University of California





1282 Tutors

Oxford University





123 Tutors

Yale University





2325 Tutors