Human resource management is concerned with the "people" dimension in the management. Human resource management means the management of people within an organization . Since,every organization is made up of people, acquiring their services, developing their skills, motivating them to higher level of performance and ensuring that they continue to maintain their commitment to the organization are essential to achieve organizational objectives. Those organization that are able to acquire ,develop ,stimulate and keep outstanding workers will be both effective and efficient. Those organizations that are ineffective or inefficient risk the hazards of stagnating or going out of business. Human resource does creates organization and makes them survive and prosper. If human resources are neglected or mismanaged, the organization is unlikely to do well. "Human resource management is the field of management which has to do with planning organizing and controlling the func...
ACCOUNTING Every business man wants to know about their financial position at the end of year. Suppose a businessman starts a business of production of woolen clothes. He invested 20 lakh rupees on that business . He take a loan of 5 lakh rupees from a bank . He purchased material for their business. Keep manager, worker for smooth running of their business. After manufacturing, do promotion of their product. All these thing are recorded in a book that is called accounting. By keeping a complete and systematic record of every business dealing,the business man can know how much is the amount of sales, how much is the amount of purchase. What are his total expenses and what is the amount of profit earned or loss incurred during a year. Properly maintained accounts gives the following information quickly and businessman can take decisions on behalf of this. Properly maintained accounts gives the answer of a number of...
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