LESSON 1: Introduction to Human Resource Management (HRM) Flashcards

1
Q

is the strategic approach to managing people in an organization to gain a competitive edge.

A

HUMAN RESOURCE MANAGEMENT (HRM)

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2
Q
  • It involves recruiting, developing, and retaining employees to align their skills with company goals.
A

HUMAN RESOURCE MANAGEMENT (HRM)

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3
Q

IMPORTANCE OF HRM

A
  • Aligning Goals
    ** Employee Retention
  • Organizational Culture
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4
Q

Key Functions of HRM
HR FACET

A
  1. Recruitment and Selection
  2. Training and Development
  3. Performance Management
  4. Compensation and Benefits
  5. Employee Relations
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5
Q

Overall management of employees in an organization.
.

A

HUMAN RESOURCE MANAGEMENT (HRM)

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6
Q

Focuses on employee growth through training and development programs

A

HUMAN RESOURCE DEVELOPMENT (HRD))

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7
Q

Encompasses all aspects of managing people.

A

*HRM

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8
Q

Primarily concerned with developing employees’ skills and competencies.

A

HRD

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9
Q

: Administrative tasks, including hiring and compliance.

A

HRM

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10
Q

Focuses on long-term growth and development of employees.

A

HRD

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11
Q

FOCUS OF HRM

A

Managing the workforce

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12
Q

FOCUS OF HRD

A

Developing the workforce

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13
Q

SCOPE OF HRM

A

Broad, encompassing the entire employee lifecycle

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14
Q

SCOPE OF HRD

A

Narrow, focusing on training and development

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15
Q

GOAL OF HRM

A

Operational efficiency, compliance

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16
Q

GOAL OF HRD

A

Skill enhancement, organizational success

17
Q

ACTIVITIES IN HRM

A

Recruitment, compensation, performance management

18
Q

ACTIVITIES IN HRD

A

Training, development, career planning

19
Q

HRM’s vital role

A

HRM helps create a productive,
motivated, and efficient
workforce that drives
organizational success.

20
Q

: Day-to-day operations affecting
employee relations.

21
Q

: Future-oriented, focused on
continuous improvement.

22
Q

: Aims to meet organizational
goals.

23
Q

: Aims to enhance employees’
capabilities and career growth.

24
Q

is the broader discipline that deals
with managing all aspects of an
organization’s workforce.

25
is a specialized area within HRM that focuses specifically on employee training, development, and growth opportunities.
HRD