... whether Human Resource Management is only applied within large multinational enterprises or simultaneously by smaller firms. A brief background will be give of a Multinational Enterprise, Marks & Spencer, this will be compared to the structure of small firms which will help clarify whether Human Resource Management is relevant for individuals working within small firms. Human Resource Management can be described as the "strategic and coherent approach to the management of an organization's most valued assets - the people working there who individually and collectively contribute to the achievement of the objectives of the business"1 This theory is needed to help a firm to improve working conditions, the well being of the employee, a further understanding of the job in hand and simultaneously reach goal in a more effective manner. "The basic premise of the academic theory of Human Resource Management is that humans are not machines, therefore we need to ...

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