Question

______ is critical to an organization as it creates the system that acquires, motivates, manages, and retains the talent that determines the organization's success.

A) Marketing
B) Finance
C) Operations
D) Human Resource Management

Answer 1

Human Resource Management is crucial for organizations as it involves the acquisition, motivation, management, and retention of employees, thereby influencing the organization's success.

Step-by-step explanation:

Human Resource Management is critical to an organization as it creates the system that acquires, motivates, manages, and retains the talent that determines the organization's success. Specialized HR practices focus on the retention of employees and effective hiring practices to ensure the balance of staff turnover is optimized. This entails not just the recruitment of qualified individuals, but also the ongoing training and development of the workforce, which represents a substantial investment for the organization.

While other areas such as Marketing, Finance, and Operations are vital to an organization's survival and profitability, Human Resources plays a unique role in managing the human capital that enables these functions to operate effectively. Furthermore, HR aligns personnel policies with organizational goals, which includes working carefully with other management positions, administrative roles, and professional fields like healthcare, marketing, sales, and finance.