CHAPTER 4

Business Management

Business Management is the foundation of the overall HR function and an important part of the PHR exam. Twenty percent of the PHR exam will focus on this area of knowledge. A wealth of information is available in case law to guide HR professionals in their compliance with federal legislation and regulations in this topic. Common sense can help as well.

This area of knowledge is where you will find all the information about vision, mission, values, corporate governance, ethics, database tools, change management, and risk management.

The official HRCI Business Management functional area responsibilities and knowledge statements are as follows:

Responsibilities

•   Interpret and apply information related to general ...

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