HRM exposure

Following different terms and concept will give the readers a solid foundation of knowledge for those who interact with HR department or degree. Balance Score Card.  It is developed by Robert kaplan and David Norton, the tern BSC is a system of measurement of four areas in business. financial performance, customer knowledge, learning and growth, internal process. Banchmarking.  It is process of measuring organizational performance through different matrix like satisfaction rate, sales and retention, etc. Due diligence. Process of taking steps to resolve complain through law and regulations like the examination of paper work or documentation for resolving complain. Hawthorne effect. E lton mayo, observation of result on the basis of experiment.   this experiment intend to measure the impact of environment on employee performance and evaluation of employee on the basis of their performance. Nepotism. It is the main issue for organization performance and the p...