‘Human resource management includes many specialized activities and duties.’ Explain.
Staffing function deals with the human element of management. It is important because the performance of an organisation depends upon its human resource, its competence and motivation. But, as organisations grow and number of employees increase, a separate department called Human Resource Department (HRD) is formed. It consists of specialists for all areas related to human Resource Management. It includes many specialised activities and duties to be performed by HR personnel, which are as follows:
- Recruitment means searching for eligible candidates.
- Analysing jobs, collecting information about jobs to prepare a job description.
- Developing compensation and incentive plans.
- Training and development of employees for efficient performance and career growth.
- Maintaining labour relations and union management relations.
- Handling grievances and complaints.
- Providing social security and welfare of employees.
- Defending the company in lawsuits and avoiding legal complications.
- To maintain a good working environment in the organisation.
Therefore, staffing is basically extended to what is known as Human Resource Management (HRM), in order to attain specialisation in the area of human resource.
Popular Questions of Class 12 Business Studies
- Q:-
What are the steps taken by management in the planning process?
- Q:-
Why is management considered to be a multi-dimensional concept?
- Q:-
Explain the procedure for selection of employees.
- Q:-
How would you characterize the business environment? Explain with examples, the difference between general and specific environment.
- Q:-
Indian Railways has launched a new broad gauge solar power train which is going to be a path breaking leap towards making trains greener and more environment friendly. The solar power DEMU (Diesel Electric Multiple Unit) has 6 trailer coaches and is expected to save about 21,000 liters of diesel and ensure a cost saving of Rs 12, 00,000 per year. Name the objectives of management achieved by Indian Railways in the above case.
- Q:-
The government of India announced Demonetization of ₹ 500 and ₹ 1,000 currency notes with effect from the midnight of November 8, 2016. As a result, the existing ₹ 500 and ₹ 1,000 currency notes ceased to be legal tender from that date. New currency notes of the denomination of ₹ 500 and ₹ 2,000 were issued by Reserve Bank of India after the announcement.
This step resulted in a substantial increase in the awareness about and use of Point of Sale machines, e-wallets, digital cash and other modes of cashless transactions. Also, increased transparency in monetary transactions and disclosure led to a rise in government revenue in the form of tax collection.
a. Enumerate the dimensions of the business environment highlighted above.
b. State the features of Demonetization. - Q:-
Define scientific management. State any three of its principles.
- Q:-
Explain the qualities of a good leader? Do the qualities alone ensure leadership success?
- Q:-
Discuss the relevance of Taylor and Fayol’s contribution in the contemporary business environment.
- Q:-
Management is a series of continuous interrelated functions. Comment.
Recently Viewed Questions of Class 12 Business Studies
- Q:-
Ritu is the manager of the northern division of a large corporate house. At what level does she work in the organisation? What are her basic functions?
- Q:-
Explain the procedure for selection of employees.
- Q:-
What are semantic barriers of communication?
- Q:-
Sunrises Ltd. dealing in readymade garments, is planning to expand its business operations in order to cater to international market. For this purpose the company needs additional ₹ 80,00,000 for replacing machines with modern machinery of higher production capacity. The company wishes to raise the required funds by issuing debentures. The debt can be issued at an estimated cost of 10%. The EBIT for the previous year of the company was ₹ 8,00,000 and total capital investment was ₹ 1,00,00,000. Suggest whether issue of debenture would be considered a rational decision by the company. Give reason to justify your answer. (Ans. No, Cost of Debt (10%) is more than ROI which is 8%).
- Q:-
Name the document prepared in the process of online trading of securities that is legally enforceable and helps to settle disputes/claims between the investor and the broker.
- Q:-
Do you think management has the characteristics of a full-fledged profession?
- Q:-
Amrit is running a ‘transport service’ and earning good returns by providing this service to industries. Giving reason, state whether the working capital requirement of the firm will be ‘less’ or ‘more’.
- Q:-
Explain different financial and non-financial incentives used to motivate employees of a company?
- Q:-
Identify the network of social relationships which arises spontaneously due to interaction at work.
- Q:-
Explain the qualities of a good leader? Do the qualities alone ensure leadership success?
- NCERT Chapter