Which of the Following Differentiates the Role of Personnel Management

question 81

Multiple Choice

Which of the following differentiates the role of personnel management from the present-day HRM?

• A) Personnel management had a long-term orientation toward the company's growth, while HRM focuses on short-term goals.
• B) Personnel management focused on recruitment processes while HRM today includes strategic planning for the whole organization.
• C) Personnel management assessed changes that occurred in the external factors and helped the organization adapt suitably, while HRM plays a passive role.
• D) Personnel management focused on developing the company's competitive advantage, while HRM restricts itself to ensuring that enough employees are hired to meet company requirements.
• E) Personnel management implied a strategic involvement in the company's goals, while HRM reflects a supportive role.

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Definitions:

DSO

The average duration a company needs to collect payment post-sale is known as Days Sales Outstanding.

Seasonal Sales

Variations in sales volume that occur at specific times of the year due to factors like holidays or seasons.

Synchronization of Cash Flows

The strategic timing of income and expense cash flows to ensure liquidity and optimize financial performance.

Cash Management

The strategy for managing a company's or an individual's financial operations, such as collecting, investing, and managing cash and liquid assets.