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Human Resource Management QUESTION #6442
Question 1

The three basic components of an organization according to management theory are:

  • Mission, Vision, and Values
  • People, Purpose, and Structure✔️
  • Strategy, Operations, and Finance
  • Planning, Organizing, and Controlling
Correct Answer Explanation

The text states that a basic concept of management is that managers work in organizations, and organizations have three basic components: People, Purpose, and Structure. HRM focuses on the 'people' component.