Human resource management of small firms should be identical to large companies but adjusted for size.

Question

Quizplus · Accepted Answer

While the fundamental principles of human resource management (HRM) apply to both small and large firms, the strategies and implementation often differ significantly due to factors like organizational structure, resource availability, and the scale of operations. Small firms may require more flexible, informal HR practices compared to the structured, formal HR departments often found in larger companies.

Human Resource Management of Small Firms Should Be Identical to Large