Human Resource Management; Functions, Importance & Benefit

Human resource management is the organizational function that manages all the issues related to the people in an organization. That includes but is not limited to compensation, recruitment, and hiring, operation management, organization development, security, wellness, benefits, employee encouragement, communication, policy administration, and training.

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Enterprise Resource Planning (ERP): [PDF Included] Types, Advantages, Disadvantages, Modules, Features

Enterprise Resource Planning (ERP) is a software-based process used by companies to manage and integrate core operations like finance, HR, supply chain, procurement, supply chain, services, manufacturing, etc.

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Manufacturing Resource Planning (MRP II): [PDF Inside] Elements, Advantages, Disadvantages, MRP I VS MRP II

Manufacturing Resource Planning (MRP II) is a technique for the effective planning of all manufacturing resources of a company. It enables manufacturers to develop a precise production schedule for the future that minimizes expenses and maximizes the utilization of available resources.

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Resource Management | Definition, Importance & Techniques

In the last few decades, resource management has become a very crucial part of modern business structure. This area is quite a bit mature. An array of novel ideas has been introduced ever since it started growing. Resource management has appeared as an independent discipline after organizations became complex with matrix structure and extended in multiple geographies.

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What is an Information System? 5 Components, Types, Advantages, Disadvantages [PDF Included]

In this digital era, we all are somehow accustomed to the word “Information System” although not well-versed with the concept or definition. If asked what is “Information System” one will definitely say the words like computer or network or database. But an information system is much more than just a computer or network. It surrounds us almost every time and is changing every day. Nowadays, life seems impossible without it. From the smartphones in our hands, the Wi-Fi networks on our college campus–to the traffic lights, sales management, and billing systems in the shopping malls, etc.–Information System is virtually in every walk of our life.

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What are Mergers and Acquisitions? M&A Definition, Example, Types, Forms, and Transactions

Mergers and acquisitions are transactions of shifting ownership between two companies, wherein a merger is a fusing or combining of two companies and acquisition is one company acquiring or buying another. The ultimate goal of mergers and acquisitions is to create synergy, which typically makes the two combined companies worth more valuable than the two separate companies. 

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What is Crisis Management? Types of Crisis, Definition, Importance, Advantages Disadvantages, 6 Planning Approaches | PDF Included

Crisis management is the approach of anticipating crises at the corporate level and planning how to deal with them effectively to prevent any threat to an organization.

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What is Strategic Management? Definition, Process, Types, Advantages, and Disadvantages | PDF Included

Strategic management is the process of planning, monitoring, analysis, and assessment of all necessities an organization needs to meet its aims and objectives.

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What is Total Quality Management (PDF): Definition, Principles, Advantages, Disadvantages, & Implementation

The term ‘total’ defines the entire organisation—all parties, departments and functions are involved in quality management. The system refers to the managerial and technological approaches to obtain quality requirements and business objectives throughout an entire organisation.

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