HR Management

HUMAN RESOURCE MANAGEMENT

HUMAN RESOURCE MANAGEMENT

People believe that technology enhancement can play a vital role in replacing people with machines , but these people are the one , to invade those machines . Human resource is an important area in an organization as it deals with different departments of the organization such as finance department etc . Without hr management none of the organization can achieve a repetitive position . In today 's world , changes are taking place in hr management due to trends in globalization . Invention of new technologies , diversity , e-business that is e-commerce

and ethics (Haslinda , 2009

CHANGES IN HR MANAGEMENT INRESPONSE TO TRENDS IN GOLOBALIZATION

Globalization is a process in which regional economies , societies and culture become integrated . In the second half of the 20th century globalization takes a great part in enhancing the economic expansion of the global economy . Globalization has completely changed the environment of the business . With globalization , barriers to entry will not be able to restrict new entrants in the market . Due to this fact , companies will not have to restrict themselves with a single prediction plant , in spite of it , they can move from a single market to another market with lower transportation and communication cost . Due to this multinational corporations are taking advantages to set monopolies in the market Competing in the global market is very difficult , so to face such kind of competitions hr should be properly centralized and should be in practice . Efficiency of the employees plays a great role in managing and...