Assertion (A): Human resource planning must always be seen within the strategy-making context. Reason (R): Human resource planning process removed from the realities of the business will be a waste of time.
Which approach that seeks to the link strategy, business, performance and HRM policies and practices, assumes that there are a number of HRM practices that are suitable for all organisations?
Which of the following statement(s) is/are correct?
1. Human resource management is a strategic management function.
2. Under human resource management, employee is treated as a resource.
3. Human resource management is the management of employee's skills, talents and abilities.
Select the correct answer using the options given below
Out of the following, which are the four dimensions of the Human Development Index?
(i) Life Expectancy
(ii) Literacy Level
(iii) Success Rate of Marriages
(iv) Standard of Living
(v) Crime Rate
(vi) Corruption Level
(vii) Economic Entitlement
(viii) Foreign Visits
The VRIO framework, used in HR function in today's era, refers to four criteria. Identity the correct answer which stands as correct explanation to VRlO as proposed by Barney
Drucker (1982) feels that there are five basic rules or guidelines which involve asking. They are
1. Contribution - what contribution can it make (other than money) to the acquired company?
2. Common core - both companies should have common markets, production operations, or technology.
3. Value - information about products, services, and customers.
4. Available management cover - if key managers leave the acquired company.
5. Linkage - there should be the promotion of staff across the two previously separate companies within a year.