Why Human Resources is different from other resources?

Human resources are different from other resources like land and physical capital because human beings can use additional resources to give out productive output. However, resources like land and physical capital depend on human resource use and cannot give any productive output.

What are the challenges faced by human resource management?

Major Challenges Faced by Human Resource Managers

• Recruitment and Selection:
• Emotional and Physical Stability of Employees:
• Balance Between Management and Employees:
• Training, Development and Compensation:
• Performance Appraisal:
• Dealing with Trade Union:

Is human resources management Hard?

Is a Human Resources Degree Hard? HR degrees can challenge students with their blend of business and human relations training. However, learners with proper preparation and study habits should find this program no more difficult than other business disciplines.

Why is human resource considered to be the best resource explain Class 9?

People are human resources. They are a considered as best resource because it is people that make the best use of nature and create resources with the help of their knowledge, skills and technology. For example, iron became a resource only when people learnt the art of extracting it from its ore.

How is human resource different from other factors of production explain it in three points?

Answer: Human resource is different from other resources in many senses. Human resources need education, training and healthcare to develop. On the other hand, land and physical capital need money and physical inputs to develop. Land and physical capital are useless without human resources.

Why is human resource management is important to all managers?

HRM can be defined as the effective management of people in an organisation. HR management helps bridge the gap between employees’ performance and the organisation’s strategic objectives. Moreover, an efficient HR management team can give firms an edge over their competition.