Chapter 1

• What does HRM stand for?

  Human Resource Management
• What is the primary focus of Human Resource Management?

  Managing and handling employees as valuable assets of the organization
• What are the three stages of the employment cycle in HRM?

  Pre-hiring, hiring, and post-hiring
• What activities are included in the pre-hiring stage?

  Human resource planning and job analysis
• What is the purpose of the hiring stage in HRM?

  To establish policies that help managers fulfill staffing needs
• What HRM practices are carried out in the post-hiring stage?

  Training and development, performance appraisal, compensation and benefits administration, employee health and safety, and separation
• Who is known as the father of scientific management?

  Frederick Taylor
• What did Frederick Taylor emphasize in his book "The Shop Management"?

  The proper selection and training of employees in a scientific way
• How did the field of industrial psychology grow during World War I?

  Through the use of preliminary technical and job-related tests for military hires
• What was the significance of the Hawthorne studies?

  They highlighted the importance of social and psychological relationships in the workplace
• What are the basic business ideas encompassed by Human Resource Management?

  • Recruitment
  • Selection
  • Training and development
  • Performance appraisal
  • Compensation and benefits administration
  • Productivity improvement programs
• Why is HRM important for non-HR personnel?

  It provides insights into the employment cycle and human resource practices
• What qualities are important for entrepreneurs in relation to HRM?

  Motivation and persistence
• How does HRM benefit employees?

  It helps them understand their rights and privileges within the organization
• What role do supervisors and leaders play in HRM?

  They design productivity improvement programs to enhance employee performance
• What are the best features of Human Resource Management?

  1. Prevalent in nature
  2. Dynamic
  3. Individually-oriented
  4. Employee-oriented
  5. Forward-looking
  6. Growth-oriented
• How does HRM differ from Personnel Management?

  HRM is a continuous function focused on developing employee potential, while PM is conventional and focuses on administration
• What is the relationship between HRM and HRD?

  HRM makes decisions about HRD plans, while HRD depends on HRM's decisions
• What is the summary of Human Resource Management?

  1. HRM manages employees as valuable assets.
  2. It involves various HR practices across the employment cycle.
  3. It includes recruitment, selection, training, and performance appraisal.
  4. Frederick Taylor is known as the father of scientific management.
  5. HRM is important for all personnel, not just HR.
  6. Key features include being prevalent, dynamic, and growth-oriented.