List the Three Basic Responsibilities of Human Resource Management and the Activities

question 16

Essay

List the three basic responsibilities of human resource management and the activities necessary to achieve them.

---

Definitions:

Stockholders' Equity

The portion of a company's assets that can be claimed by its owners, equal to total assets minus total liabilities.

Current Assets

Assets that are expected to be converted into cash, sold, or used up within one year or within the normal operating cycle of the business, whichever is longer.

Operating Income

Profit generated from a company's core business operations, excluding expenses and incomes from other sources.

Operating Activities

Transactions and other events that enter into the determination of net income, apart from investing and financing activities.