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Human resource management (HRM) is inherently multidisciplinary, drawing from various fields to effectively manage an organization’s workforce. Accounting principles are applied to budget for HR activities and assess the financial implications of staffing decisions. Counseling techniques enhance employee relations and support mental well-being, while sociology provides insights into group dynamics and organizational behavior. Additionally, economics informs HRM through labor market analysis and understanding the impact of compensation strategies on employee motivation and retention.

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2w ago

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