To address the challenges and opportunities they face organisations engage in a process of strategic management. Strategic management is:
A. short-term focused and composed of organisational strategy, including strategy formulation and implementation
B. short-term focused and composed of the organisation's mission, vision and value statements
C. long-term focused and composed of organisational strategy, including strategy formulation and implementation
D. long-term focused and composed of the organisation's mission, vision and value statements
Answer: Option C
Solution(By Examveda Team)
To address the challenges and opportunities they face organisations engage in a process of strategic management. Strategic management is long-term focused and composed of organisational strategy, including strategy formulation and implementation. Strategic human resource management is the practice of attracting, developing, rewarding, and retaining employees for the benefit of both the employees as individuals and the organization as a whole.This Question Belongs to Management >> Human Resource Management (HRM)
The meaning of the acronym HRM is
A. Human Relations Management
B. Humanistic Resource Management
C. Human Resource Management
D. Human Resourceful Management
A. A staff functions
B. A line function
C. A staff function, line function and accounting function
D. All of the above
Finding ways to reduce ________ is a key responsibility of management.
A. Dissatisfaction
B. Uncertainty
C. Stress
D. None of the above
The ________ and control systems should be altered to support the strategic human resource function.
A. Appointment
B. Reward
C. Job allotment
D. None of the above
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