Important Points for IC 90 - Human Resource Management (HRM) Exam

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  • A programme is a decision involving a number of activities to be performed over a specified period of time in order to achieve a stated objective.
  • Schedules lay down the sequence in which a series of operations will be carried out.
  • A budget is a plan stated in numerical terms. It may state the expectations with regard to incomes from various sources and the expectations of expenses on various heads.
  • SWOT Analysis: S and W are internal factors and relate to characterisitics of the organisation which is making the plan. O and T are related to happenings in the environment. They are external factors.
  • Organising is the activity of creating the organisational structure necessary to carry out the planned activities.

Human Resource Management (HRM)

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