Examveda
Examveda

The term procurement stands for

A. recruitment and selection

B. training and development

C. pay and benefits

D. health and safety

Answer: Option A

Solution(By Examveda Team)

The term procurement stands for recruitment and selection. Recruitment and Selection is an important operation in HRM, designed to maximize employee strength in order to meet the employer's strategic goals and objectives. It is a process of sourcing, screening, shortlisting and selecting the right candidates for the required vacant positions.

This Question Belongs to Management >> Human Resource Management (HRM)

Join The Discussion

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