The term "HRM" indicates that people are key resources of the firm to be actively managed and developed.

Question

Quizplus · Accepted Answer

HRM, or Human Resource Management, is a management approach that recognizes the importance of people as a key resource in achieving organizational goals. It involves the recruitment, selection, training, development, retention, and management of employees. Thus, the term "HRM" does indicate that people are key resources of the firm to be actively managed and developed.

The Term "HRM" Indicates That People Are Key Resources of the Firm