Topic 8: HUMAN RESOURCE MANAGEMENT
Topic 8 introduces you to Human Resource Management (HRM).
What do all businesses have in common regardless of the product or service? Employees! Unless you are a sole proprietorship, you will have to navigate the process of planning for, recruiting, hiring, training, managing, and possibly firing employees. These responsibilities all fall under the heading of human resource management.
Upon completion of this topic, students should be able to:
1. Explain at least 5 objectives of HRM;
2. Explain all 7 steps used in HR planning process;
3. List 5 main benefits of employee development; and
4. Provide 5 reasons why compensation and benefits are important.
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Dear students, please download the Self-Instructional Material for Topic 8 below. You are advised to spend at least 3 hours to study this material. Once you have studied this material, you may proceed to answer the Quiz for Topic 8.
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Dear students, once you have completed studying your Self-Instructional Material for Topic 8, please answer the self-check question posted here.