MGTA01H3 Chapter Notes - Chapter 9: Merit Pay, Prescription Drug, Visible Minority
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MGTA01H3 Full Course Notes
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Document Summary
Human resource management (hrm): set of organizational activities directed at attracting, developing, and maintaining an effective workforce. Human resource management takes place within a complex and ever-changing environment context and is increasingly being recognized for its strategic importance. Human resources are critical for effective organizational functioning. The new importance of hrm stems from increased legal complexities, the recognition that human resources are a valuable means for improving productivity, and the awareness today of the costs associated with poor hrm. Managers now realize that the effectiveness of their hr function has a substantial impact on a firms bottom line. The chief cr executive of most large businesses is a vp directly accountable to the ceo. Job analysis: a detailed study of the specific duties in a particular job and the human qualities required for that job. Job analysis information is used in many hr activities.
