Managers and economists traditionally have seen human resource management as a necessary expense rather than as a source of value to their organization.

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This statement is true. Historically, human resource management has been viewed as a cost center rather than a strategic asset to an organization. However, this mindset is starting to shift as companies recognize the importance of investing in their employees and leveraging their talents and skills to drive business success.

Managers and Economists Traditionally Have Seen Human Resource Management as a Necessary