Answer:
The department within a company that handles functions like recruitment, promotions, payroll, and performance appraisals is known as the Human Resources (HR) department. This department is responsible for managing the organization's workforce, ensuring that the right people are hired, trained, compensated, and evaluated effectively. HR plays a crucial role in maintaining a skilled and motivated workforce, aligning with the company's goals and objectives. They oversee the entire employee lifecycle, from initial recruitment to ongoing development, making sure that the company's human capital is utilized optimally and in compliance with relevant laws and regulations.