“People are our most valuable assets” is a statement that most managers would agree with, although some managers are also concerned with the cost of human resources to their business. Academic Essay

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Drawing on the attached readings/documents explain the rationale for the foundational assumption of the study of HRM that people are valuable assets as well as a cost. Then outline how HRM is assumed to assist businesses manage their human resources so that they are both valuable and cost effective to the firm. ‘Only use the 4 documents attached. No need of additional sources’.

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