This summary paper provides a full description and analysis of the Human Resource Management (HRM) function. Included in this paper are key topics discussed in this module: the basic functions of Human Resource Management: planning and forecasting human resource requirements, recruitment and selection, appraisal, evaluation and employee motivation. Additionally, this paper addresses employee quality of life and productivity programs and improving the physical work environment. The relationships between successful business and Human Resource Management are …showed first 75 words of 1805 total…

…showed last 75 words of 1805 total…effective human resource management essential. Additionally, the expansion of companies into foreign markets has created the need for managing human resources from an international perspective. The developing global economy and the continually increasing need to manage labor and management relations has given greater importance to Human Resource Management (HRM). HRM has moved from the position of justifying its position in an organization to adding to the organization profits by managing its most important asset: people.