The strategic management process means defining the organization’s strategy. It is also defined as the process by which managers make a choice of a set of strategies for the organization that will enable it to achieve better performance. Strategic management is a continuous process that appraises the business and industries in which the organization is […]
Meaning of Human Resource Management (HRM) Human resource management refers to management of employees working within the organization. It is part of management which aims at maintaining efficient and competent workforce. Human resource management involves wide range of activities such as hiring, training, motivating, fixing compensation, promoting and firing employees. This is a continuous function […]
