CHAPTER 31

Human Resource Management in Small and Medium Enterprises

CHAPTER OBJECTIVES

After reading this chapter, you should be able to:

  1. Understand the importance of small and medium enterprises (SMEs)
  2. Compare the human resource management (HRM) practices of small- and large-scale organizations
  3. Elucidate the importance of HRM in SMEs
  4. Describe the HRM functions of SMEs
  5. Enumerate the challenges facing HRM in SMEs

Sakthi Masala Private Limited in Tamil Nadu is engaged in the production of spice and masala powders, pickles, papadum, ghee, and sunflower oil. This company believes in concept selling on “Easy Cooking” rather than marketing food products. It aims at overall leadership in the market though empowered employees, sustained efforts, ...

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