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HRM
how organizations
find good people
train them
compensate them
promote them
dismiss them
input, conversion and output
inputs
works with management to find who you need
establish recruitment channels
acquire members
conversion processes
setting up and carrying out performance appraisal and compensation systems
feedback is usually annually
day-to-day operations
outputs
providing members appropriate opportunities for training and development
member outcomes/training
HRM and business and society
focuses on the human element of organizations
directly related to a key issue in modern capitalism
workplace inequality
gender and racial inequality are persistent problems in organizations