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Examveda

The meaning of the acronym 'SHRM' is

A. Short-term Human Resource Management

B. Strategic Human Resource Management

C. Strategestic Human Resource Management

D. Strategic Humane Resource Management

Answer: Option B

Solution(By Examveda Team)

The meaning of the acronym 'SHRM' is Strategic Human Resource Management. Strategic human resource management includes typical human resource components such as hiring, discipline, and payroll, and also involves working with employees in a collaborative manner to boost retention, improve the quality of the work experience, and maximize the mutual benefit of employment for both the employee and the employer.

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Related Questions on Human Resource Management (HRM)

HRM is___________

A. A staff functions

B. A line function

C. A staff function, line function and accounting function

D. All of the above