Human resources

Human resources

Referring to the function within an organisation that is charged with managing its employees, often as well as its recruitment process.

Industry: Business administration; Business services

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Human resources

Cost leadership

Business services; Human resources

A strategy of becoming the lowest-cost producer in its industry.

Cyclical unemployment

Business services; Human resources

A form of unemployment – rises in times of economic recession and falls in times of prosperity. Now shows signs of being able to withstand increased prosperity.

Decision tree model

Business services; Human resources

One of the Contingency theories of leadership – developed by Vroom and Yettor (1973).

Deregulation

Business services; Human resources

The removal of entities such as financial markets, road and transport from governmental control.

The process of delivering educational or instructional programmes to locations away from a classroom or site to another location by varying technology such as video or audio-conferencing, computers, ...

Disciplinary procedure

Business services; Human resources

A procedure carried out in the workplace in the event of an employee committing some act contrary to terms of the employment agreement. If the act is regarded as Gross Misconduct this may lead to ...