answersLogoWhite

0

What else can I help you with?

Continue Learning about Economics

What is the differences between personal management vs hrm?

Difference between Human resource management and personnel managementØ Human resource management is flexible where as personnel management is burocratic.Ø Human resource management is bottom up approach where as personnel management belives in top down approach.Ø In Human resource management organization structure is organic where as in personnel management organization structure is mechanistic.Ø Human resource management is people oriented where as personnel management is task oriented.Ø Human resource management see long term prospective where as personnel management see short term prospective.Ø Human resource management belive in facts and identified solution where as personnel management belive only on number.


What is necessary for economic growth?

the first and formost aspect in economic growth is human resource development..as we will do more investment in human capital by investing particularly in education and health, we ll get more growth in our economy..to develop the human resources is most important


How economics is related to human resource?

Economics and human resources are interconnected as they both focus on the allocation of resources, including labor, to maximize efficiency and productivity. Economic principles guide how organizations manage workforce costs, compensation, and benefits to attract and retain talent. Additionally, labor market trends and economic conditions influence HR strategies in recruitment, training, and employee development, ensuring that organizations adapt to changing economic environments. Ultimately, effective human resource management contributes to an organization's economic performance and sustainability.


Why is labor an economic resource?

For an economy to function, it must have human labor. This includes a long list of types of labor in order to make an economy viable. Therefore, the resources of an economy run from scientists to teachers to business people to factory and farm workers.


What is the difference between physical and human capital?

well human capital is humanlized and physical is acremation

Related Questions

Difference between HRM and SHRM?

Human Resource Management is a discipline within business. The Society for Human Resource Management is a professional organization for human resource professionals.


What is the difference between human resource management and personal relation officer?

one is a human resource manager and the other one is a personal relation officer ... the difference is quite clear


What is the difference between a natural resource and a human resource?

natural would be something you already find existing such as iron. but to make steel you have to process it on machinery so that would be like a human resource


Difference between human resource management and training and development?

Human resource management involves every aspect of the organization with regards to managing staff and personnel. The development and training of the staff is just one part of human resource management.


Difference between traditional Human resource management and stragetic human resource management?

Human Resource Management The paper discusses HRM rationale, history, key areas and practice, difference between hard and soft models, and their international tendencies. It concludes that models be based on the culture and demographic characteristics of the target organization. http://www.associatedcontent.com/article/1860053/human_resource_management.html


What is the link between human resource development and human resource development?

The link between human resource management and integrated development plans


An example of what is the difference between human resource management and personal management?

Answer Human Resource management is that you are being managed by someone within the company atmosphere. Personal managemet is when you manage yourself.


What is the difference between policy and practice in human resource?

Yes, there is difference between policy and practice. A policy is rules, regulations and procedures that you should follow within a practice.


What is the difference between human resource and non-human resource?

Human resource refers to the people working in an organization, while non-human resource refers to physical assets like equipment, technology, and other resources used in the business. Human resource management involves managing and developing employees, whereas non-human resources are managed to support the organization's operations.


What you have learned in Human Resource Management course?

I have learn the meaning of human resource management, importance of management, the difference between HR & HRM, importance of planning, need of HR and reasons as to why humans are referred to as resources........


What is difference between personal management and human resource management?

One is direct and to the point. The other is beating around the bush.


What is the difference between a human being and a person?

difference between human being & human person?