Q247
Human resource management is the formal part of an organisation responsible for all of the following aspects of the management of human resources except
A.
systems, processes, and procedures
B.
policy making, implementation, and enforcement
C.
strategy development and analysis
D.
management of the Organisation's finances
AnswerAnswer: Option D
Solution
Answer: Option D
Solution:
Human resource management is the formal part of an organisation responsible for all of the following aspects of the management of human resources except management of the Organisation's finances. Finance is defined as the management of money and includes activities like investing, borrowing, lending, budgeting, saving, and forecasting. Corporate finance also includes the tools and analysis utilized to prioritize and distribute financial resources.