What Is Human Resource: A Class 8 Brainly Guide

What are human-made resources in the context of Class 8 education? Human-made resources, often referred to as capital resources, are valuable assets generated by human efforts and ingenuity, specifically discussed in the eighth-grade curriculum. These resources play a crucial role in enhancing economic prosperity. They encompass various tangible and intangible elements, such as currency, manufacturing facilities, transportation infrastructure like roads, and advanced technological innovations. In Class 8, students learn about these resources to understand their significance in driving economic growth and improving overall living standards.

Human resources, often abbreviated as HR, encompasses the vital department within an organization responsible for a range of crucial tasks. These include identifying, evaluating, recruiting, and providing training to potential job candidates. Additionally, HR oversees the administration of employee benefits programs. In the context of the 21st century, HR plays a pivotal role in aiding businesses in their adaptation to the rapidly evolving landscape of the business world. This includes strategies for managing workforce diversity, fostering a positive workplace culture, and addressing the changing needs and expectations of employees, all of which are integral to an organization’s success.

“Why is human resources considered the most critical department in an organization? Human resources (HR) plays a pivotal role in enhancing employee performance, thereby fostering overall company efficiency and productivity. HR services encompass a wide array of responsibilities related to the management and development of employees within the organization. Some fundamental functions of HR encompass recruitment and hiring, which are essential steps in building a capable workforce.”

Human resources not only ensures the recruitment of talented individuals but also oversees various aspects of employee well-being, compliance, training, and performance management, making it a cornerstone for organizational success.