Mhr 523 mid term exam - Study guides, Class notes & Summaries

Human Resources Management (HRM) - ANSWER the management of people in organizations to drive successful organizational performance and achievement of organization's strategic goals. Human Capital - ANSWER the knowledge, education, training, skills, and expertise of an organization's workforce. Scientific Management - ANSWER also known as Taylorism, is scientifically analyzing manufacturing processes to reduce costs and compensating employees based on performance.