COMMERCE 1E03 Lecture Notes - Lecture 12: Minority Language, Hamburger University, Occupational Segregation
19 May 2016
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Document Summary
Chapter 12: human resource management: finding and keeping the best. Human resource management (hrm): the process of determining human resource needs and then recruiting, selecting, developing, motivating, evaluating, compensating, and scheduling employees to achieve organizational goals. The roles and responsibilities of hmr have evolved their ultimate resource. Changes in the law that rewrote many traditional practices. Major shift from traditional manufacturing industries to service and high- tech manufacturing industries that require highly technical jobs. This means many new workers must be retrained for new more challenging jobs. Some people have called employees the ultimate resource and in the future, human resources (hr) may become the most crucial function in that it will be responsible for dealing with all aspects of a business" most crucial resource-people. Large leading firms would be nothing without peoples creative minds. People develop the ideas that eventually become products that satisfy customer"s needs. Hiring good staff is one of the most important things for a business.
