Human resource management regards a company's workforce as:
A) vital to its economic competitiveness.
B) naturally unmotivated without company rewards and events.
C) easily replaced by cheaper labor abroad.
D) expensive compared to machines.

Question

Quizplus · Accepted Answer

Human resource management views a company's workforce as a valuable asset that is essential to its economic competitiveness. This approach emphasizes the importance of attracting, developing, and retaining talented and skilled employees who can contribute to the company's success. It also recognizes the potential costs and risks associated with losing key employees and investing in ineffective HR practices. Therefore, human resource management focuses on creating a positive and engaging work environment, promoting employee well-being and motivation, and aligning HR policies and practices with the company's strategic goals. Options B, C, and D are incorrect because they present a narrow or negative perspective on the role of employees in an organization. Human resource management instead believes that employees have unique skills and knowledge that cannot be easily replaced by automation or outsourcing, and that investing in their development and satisfaction can result in long-term benefits for the company's performance and reputation.

Human Resource Management Regards a Company's Workforce As