Everything you need to know about the features of HRM. Human resource management (HRM or simply HR) is the management of an organization's workforce, or human resources. It is responsible for attraction, selection, training, assessment and rewarding of employees, while also overseeing organizational leadership and culture, ensuring compliance with employment and labour laws. "Human Resource management may be defined as [...]
Everything you need to know about features of services. Services are unique and four major characteristics separate them from goods, namely intangibility, variability, inseparability, and perishability. The services literature highlights differences in the nature of services versus products which are believed to create special challenges for service marketers and for consumers buying services. To help understand these differences a number [...]
Everything you need to know about the features and characteristics of management. To understand the nature of management, it is essential to know the features or characteristics of management. As rightly explained by Peter Drucker, "Without Institution there is no management. But without Management there is no Institution," it is clear that Management becomes the specific organ of performance and [...]