Which approach that seeks to the link strategy, business, performance and HRM policies and practices, assumes that there are a number of HRM practices that are suitable for all organizations?
A
Best practice
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B
Best fit
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C
Resource-based view
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D
Life cycle models
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Solution
The correct option is B Best practice Best practice method of human resource management states that there are a number of HR activities that can e followed by every organisation for a competitive advantage irrespective of the organisational structure. It shows the relationship between good practices of HR and organisational performance in terms of employee commitment and satisfaction. It integrates all the requirements for effective HRM into one method without considering the strategies and policies.