Human Resources
ICSE · Class 9 · Commercial Studies
Flashcards for Human Resources — ICSE Class 9 Commercial Studies. Quick Q&A cards covering key concepts, definitions, and formulas.
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What is Human Resources Management?
Answer
Human Resources Management, also called personnel management, is concerned with the acquisition, development, compensation and maintenance of an efficient and dedicated work force. It manages people s…
State the exact idea behind the definition of Human Resource Management given by Edwin Flippo.
Answer
Human resource management means the planning, organising, directing and controlling of the procurement, development, compensation, integration and maintenance of people for the purpose of contributing…
What are human resources or personnel?
Answer
Human resources or personnel refer to all the people employed and working in an organisation. In simple terms, they are the workers and employees who help the business run.
Why are people considered the most important asset of business?
Answer
People are the most important asset of business because the efficiency of all other resources such as materials, machinery, money, land, buildings, furniture and fixtures depends upon human resources.
Why is effective management of human resources important in business?
Answer
Effective management of human resources is important because the success of business enterprise depends largely upon the calibre and dedication of its human resources. Skilled and committed people hel…
What does it mean when HRM is called a pervasive function?
Answer
HRM is called a pervasive function because it is required in every organisation irrespective of its nature, size and objectives. Every organisation needs people to manage and support its work.
How does HRM aim to benefit business, employees and society?
Answer
HRM seeks to achieve the success of the business, its employees and society at large. It does not focus only on company profit; it also supports employee growth and social well-being.
Why is HRM considered a challenging task?
Answer
HRM is considered a challenging task because people are dynamic. Their needs, behaviour, and performance can change, so managing them requires care, planning and good judgement.
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