PRC-3 · Chapter 8 · Question 14 of 74
Why is Human Resource Management (HRM) considered critical to an organization's strategic success?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: C) Because an organization's success heavily depends on the unique skills, motivation, and capabilities of its workforce
Explanation
Human resources (labor) are a vital factor of production. The skills, experience, and synergy of people provide a key competitive advantage.
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