2023, Vol. 5, Issue 2, Part B

Human Resource Management functions, practices and procedures are increasingly becoming important, considering the growth of the knowledge based economy. Human resources in any enterprise, whether MSME constitute an important area of study. Careful human resources management creates good opportunities to ensure efficiency in the production process of goods and services that guarantee a satisfactory level of living in society. If managed effectively and efficiently, HRM studies fulfill the need of a businessman to understand the economy, market, organization or any other related area.