The Tasks Associated with Managing a Company's Workforce Is Now

question 15

True/False

The tasks associated with managing a company's workforce is now known as human capital management or HCM.

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Definitions:

Dispute Resolution

A variety of processes used to resolve conflicts, including negotiation, mediation, and arbitration.

Mediation Strategy

A plan or approach used in mediation to facilitate negotiations and resolve disputes between conflicting parties.

Rewards

Benefits, compensation, or recognition received in exchange for one's effort, achievement, or service.

Inducements

Incentives or rewards offered to persuade or encourage someone to act in a desired manner, often used in negotiations to reach an agreement.