Chapter 5Strategic Human Resource Management
Exam Notables
The U.S. economy is divided into three broad categories: agriculture (which includes mining, construction, and utilities), manufacturing, and service. The evolution of human resources (HR) has paralleled the changes to these sectors over the last several decades. As shown in the accompanying graphic, the service sector now makes up around 70 percent of the U.S. economy, with manufacturing second and agriculture a distant third. This trend is in addition to the rise of all three sectors on a global scale, such as manufactured goods from China, services provided by the United Kingdom, and agricultural imports from Mexico. This shift has required that HR professionals become as well ...
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