Industrial engineering

ManagementIndustrial engineering

Stakeholders: Types, Importance & Issues [PDF included]

A stakeholder is a party that has an influence on a company and can either affect or be affected by the organisation. The primary stakeholders in a typical corporation are its investors, employees, consumers, and suppliers. However, with the increasing attention on collective social responsibility, the perception has been extended to include people, governments, and trade unions.

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ManagementIndustrial engineering

Human Resource Management; Functions, Importance & Benefit [PDF Included]

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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