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Management · Q71

HRM (Human Resource Management)

Graduate and Post Graduate · Management · question 71

Q71

The meaning of the acronym 'SHRM' is

A.
Short-term Human Resource Management
B.
Strategic Human Resource Management
Answer
C.
Strategestic Human Resource Management
D.
Strategic Humane Resource Management

Answer: Option B

Solution

Answer: Option B
Solution:
The meaning of the acronym 'SHRM' is Strategic Human Resource Management. Strategic human resource management includes typical human resource components such as hiring, discipline, and payroll, and also involves working with employees in a collaborative manner to boost retention, improve the quality of the work experience, and maximize the mutual benefit of employment for both the employee and the employer.