Which of the Following Differentiates an HR Plan and an HRM

question 28

Multiple Choice

Which of the following differentiates an HR plan and an HRM strategic plan?

• A) The HR plan addresses the specific activities in the HR department, while the HRM strategic plan is tied directly to the company's overall objectives.
• B) The HR plan comprises long-term goals, while the strategic plan typically includes short-term objectives.
• C) The HR plans focuses on dealing with external factors affecting the organization, while an HRM strategic plan typically considers the internal environment of the organization.
• D) Changes in technology or demographics of the workforce are accounted for in the HR plan, while the HRM strategic plan primarily ensures that recruitments and the allied paperwork are up-to-date.
• E) An HR plan operates at the organizational level, while the strategic HRM plan predominantly applies to the HR department.

Understand the concept and characteristics of servant leadership.

Recognize the significance of empowering and authentic leadership in organizational contexts.

Identify the impact of leadership styles on employees' psychological well-being and performance.

Differentiate between servant leadership and other leadership styles.

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Definitions:

Economy

A framework for creating, distributing, and utilizing goods and services in a specific geographic region.

Economic Growth

A boost in the purchasing power adjusted market value of goods and services an economy creates over time.

Long Run

A period in economics sufficient for all markets to adjust, including production facilities and labor.

Capital

A resource, either financial or physical, that is employed with the aim of generating wealth through investment or production.