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PHR study guide Exam | Questions & 100% Correct Answers (Verified) | Latest Update | Grade A+
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What is strategic management : The ongoing process of creation, research, reassessment and development. Why is strategic management important : It's important to HR professionals because it affects how HR adds value to the organization through policies, procedures and programs Three basic structures all business in the US are organized into: : Sole proprietorship, partnerships, corporations, or limited liability companies Main common functions existing within almost every organization: 2 | P a g e : Procurement/distribution, development, operations, marketing/sales, and customer service. General management including accounting/finance and facilities, HR and information tech External forces that effect the organization : Economy, co
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