Vidyalelo
Management · Q243

HRM (Human Resource Management)

Graduate and Post Graduate · Management · question 243

Q243

The term procurement stands for

A.
recruitment and selection
Answer
B.
training and development
C.
pay and benefits
D.
health and safety

Answer: Option A

Solution

Answer: Option A
Solution:
The term procurement stands for recruitment and selection. Recruitment and Selection is an important operation in HRM, designed to maximize employee strength in order to meet the employer's strategic goals and objectives. It is a process of sourcing, screening, shortlisting and selecting the right candidates for the required vacant positions.