Chapter 9, Problem 1UTC

a.

Summary Introduction

To determine:

The purpose of human resource management

Introduction:

A strategic approach, which leads to an effective management of an organization, refers to human resource management. Generally, the concept of human resource management is to manage the people by supporting both the employees as well as the organization in an ethical way by following the rules and regulations of the government.

Explanation of Solution

The aim of human resource management is to ensure that success of an organization is attained with the help of human resources available. The effective workforce of every organization is retained by attracting with incentives, awards, and bonus.

The following is the purpose of strategic human resource process:

• Obtainment of optimal work performance

Getting the optimal work performance from the employees will help towards the achievement of the mission of the company and it helps in achieving the goals of the organization.

b.

Summary Introduction

To determine:

The important three concepts of human resource management

Introduction:

A strategic approach, which leads to an effective management of an organization, refers to human resource management. Generally, the concept of human resource management is to manage the people by supporting both the employees as well as the organization in an ethical way by following the rules and regulations of the government.

Explanation of Solution

In relation to the human resource management concept, the following three concepts are vital:

• Human capital
• Knowledgeable workers
• Social capital

Conclusion

Hence, human resource management concept and its purpose are explained as above.