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Fundamentals of Human Resource Management
1 — Ans / Why?
Ans: D; Why: The 4 classical objectives are Societal-Organisational-Functional-Personal; profit maximisation is the firm's goal, not HR's direct goal.
2 — Ans / Why?
Ans: B; Why: Operative = P-D-C-I-M: Procurement, Development, Compensation, Integration, Maintenance.
3 — Ans / Why?
Ans: B; Why: Chester Barnard, in The Functions of the Executive (1938), framed the social-systems theory.
4 — Ans / Why?
Ans: C; Why: Infosys has shown HR valuation in its Annual Report using the Lev & Schwartz model since the mid-1990s.
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