“Human resource management includes recruitment and selection of appropriate staff and management of the employment relationship, which includes contracts, collective bargaining, reward systems and employee involvement, and considers the strategic and operational view of human resource requirements.”

The word human resource is used for ‘people’ or ‘personnel’ working together in an organization to achieve the desired results. The human resources department inside the organization is called the ‘personnel department’ or ‘human resource department’ who looks after the organizational aspects of the staff. Managing all these human resources is termed as human resource management.

The human resource includes recruitment, selection, training, job evaluation, performance appraisal, remunerations, and all other things that provide job satisfaction to the applicants or employees working in the organization. Human resources plays a crucial role that assist companies to cope with an ever-changing, bloodthirsty surroundings. The main objectives of human resource management are as follows:

- Efficiently utilizing and managing people.
- Performance assessment and reward to proficiencies.
- Developing competencies that enhance individual as well as organizational performance.
- Escalating the modernism, originality and tractability required to improve rivalry.
- Implementing novel approaches to work process, career growth and inter-organizational mobility.
- Managing the execution and integration of technology through superior staffing, training and communication.

Management aspires to attain financial as well as social targets. It survives to accomplish some specific goals or objectives. Group efforts in management are always directed towards the attainment of some prearranged goals. It is related with the constitution and execution of all these objectives. The primary objective of management is to run the enterprise smoothly. The profit-making goal of a business is also to be considered while undertaking different functions. The management also helps an organization in the following: -

- Optimum utilization of available resources.
- Ameliorating performance and ability.
- Mobilizing best talent.
- Making plan for time to come.

It is a dynamical function, and it has to be executed constantly. It is frequently engaged in the moulding of the enterprise in changing business environment. It is a distinctive process performed to establish, and achieve the stated objective by making the use of human beings along with other resources. It is different from the activities, techniques and procedures.

Management is applicable in all types of organizations. The basic principles of management are of universal application, and can be applied in all types of organizations whether they are business, sports, social, cultural, politics, and educational or military. It is needed at all levels of the organization, i.e. top level, middle level and supervisory level. Thus, managerial levels signify the arranged managerial locations in an organization. The number of levels of management hinges upon its volume, expertise and the series of production. The main significance of levels is that they determine authority relationships in an organization.