TOPIC: CHAPTER SUMMARY (HUMAN RESOURCE MANAGEMENT) CONTENT TABLE TITLE | PAGE | TABLE CONTENT | 2 | CONTENT: | | 1.0 WHAT IS HUMAN RESOURCE MANAGEMENT? | 3 | 2.0 THE IMPORTANCE OF HUMAN RESOURCE MANAGEMENT | 3 | 3.0 ENVIRONMENT OF HUMAN RESOURCE MANAGEMENT 3.1 WORKFORCE DIVERSITY 3.2 GLOBALIZATION 3.3 LEGISLATION 3.4 UNIONS | 4 - 5 | 4.O HUMAN RESOURCE MANAGEMENT PROCESS 4.1 STRATEGIC HUMAN RESOURCE PLANNING 4.2 HUMAN RESOURCE PLANNING 4.3 STAFFING
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Master of Business Administration- MBA Semester IV MI0038- ENTERPRISES RESOURCE PLANNING (Book ID: B1964) Question 1 Explain the relationship between business functions and business processes in the insurance sector Answer: A business function refers to an activity that an enterprise performs to realise its pre-determined goals and objectives. You can also define a business function as a series of rationally interrelated activities or tasks performed by an enterprise in order to obtain the
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HUMAN RESOURCE MANAGEMENT Part A (Each 15 Marks) 1) Describe the native and importance of employee selection. Explain briefly the steps involved in selection process => JUNE 2010. 2) How can Performance Appraisal be made more effective? Discuss => JUNE 2010. 3) Discuss the scope and significance of human resource Management => JUNE 2010. 4) What are the objectives of human resources planning? Illustrate with examples the process of man power planning
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Human resources is one of the most evolved departments within a business over the past century. Human resources as a department wasn’t even thought of prior to the last few decades. The idea of human capital at that time was immature where employee interests and focus wasn’t completely developed. Human resources departments were developed when businesses noticed a growing trend of increased employee sizes and tasks organization. Chief Executive Officers would either handle the human resources tasks
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INTRODUCTION TO HUMAN RESOURCE MANAGEMENT Human Resource Management is a management function involving procurement of suitable human resources‚ train and develop their competencies‚ motivate them reward them effectively and create in them an urge to be part of the management team whose aim should be render‚ dedicated‚ committed service for the success and growth of the organization. The term human resources spell the total sum of the components (like skills‚ creative abilities) possessed
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INTRODUCTION Management comprises planning‚ organizing‚ resourcing‚ leading or directing‚ and controlling an organization (a group of one or more people or entities) or effort for the purpose of accomplishing a goal. Resourcing encompasses the deployment and manipulation of human resources‚ financial resources‚ technological resources‚ and natural resources. Management focuses on the entire organization from both a short and a long-term perspective. Management is the managerial process of forming
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Human resource management is one of the most important aspects of creating and maintaining a successful organization. The human resource is the number one resource within a company as people are the ones who maintain‚ expand‚ and can conceivably destroy a company. Companies that recognize the value of hiring‚ managing‚ evaluating‚ maintaining‚ and growing employees are most likely to have effective‚ cost-efficient organizations. Human resource management is a constantly changing landscape that will
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paper‚ the author will describe the changing role of Human Resource Management (HRM) in response to trends in globalization‚ technology‚ diversity‚ e-business‚ and ethics. . "Changes in the population‚ in technology‚ in employees’ expectations‚ and other aspects of the business environment place heavy demands on modern HR professionals—and anyone else involved in management (The McGraw-Hill Companies)." The roles and responsibilities of human resource management have changed significantly in the past
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Human Resource Management is an essential part for any organization. Moreover‚ development of this department is the first step‚ the ground on which the future of the company depends. It is essential for every single business unit and especially for such international company as Coca Cola. It is people‚ not technology who create the company. Human Resource Management at Coca Cola Company has many advantages as well as disadvantage. It is the global company and it is impossible to create certain policies
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HRD in public sector HRD in Government sector HRD in IT sector and HRD in NGO’s INTRODUCTION TO HRD: INTRODUCTION TO HRD HUMAN RESOURCES DEVELOPMENT HRD is development processes were it focuses on improving the existing capabilities of employees and helping them to acquire new capabilities required for the achievement of organizational and individual goals. Human Resource Development is the integrated use of training‚ organization‚ and career development efforts to improve individual‚ group and
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