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Human Resource Management QUESTION #6477
Question 1

Successful HRM benefits all three stakeholders through:

  1. Organization: High profitability and market value
  2. Employees: Employment security and high wages
  3. Society: Elevated living standards and ethical guidelines
  • Only organizational benefits
  • Only employee and organizational benefits
  • Only organizational and societal benefits
  • All three stakeholder groups benefit✔️
Correct Answer Explanation

Successful HRM creates a win-win-win situation: Organizations gain profitability and market value; Employees get security, opportunities, and higher wages; Society benefits from elevated living standards and strengthened ethics. All three stakeholders benefit simultaneously.