Question
Training and development of employees is a management
function that falls under which category?Solution
Staffing is the management function concerned with effectively managing human resources. It involves: • Recruitment and selection of employees, • Placement and orientation, • Training and development, • Providing remuneration and incentives, and • Ensuring the right person is in the right job at the right time. By focusing on employee growth and skill development, staffing ensures that organizations have competent and motivated personnel to achieve business objectives.
More Financial Management Questions
- Select the number from among the given options that can replace the question mark (?) in the following series.
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57, 59, 56, 61, 54, ___ - Which letter-cluster will replace the question mark (?) in the following series?
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LT6, KU12, IW24, FZ48, ____
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