It is the management of work and people towards desired ends
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Retained profit is by some way the most important and significant source of finance for an established profitable business. The principle is simple. ... The total value of retained profits in a company can be seen in the "equity" section of the balance sheet.
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Human resource management (HRM), the management of work and people towards desired ends, is a fundamental activity in any organization in which human beings are employed. It is not something whose existence needs to be elaborately justified: HRM is an inevitable consequence of starting and growing an organization. This article focuses on the scope of HRM and its major subfields. For example, Micro HRM (‘MHRM’) covers the subfunctions of HR policy and practice.
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