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HUMAN RESOURCES DEVELOPMENT (HRD)
The effective participation and quality performance of human•beings in the various activities of an organisation result in an HRD process which gets built in into the management operational structure, lends credibility to the organisation and gives it a direction for further growth and development. This is necessary for organisational success and might suggest diversification of products and services and provide directions for further growth. In consequence, this approach would benefit the personnel in the organisation in a numerous ways. Therefore HRD should be the concern of every group and individual at all levels of an organisation. - What is Human Resources Development (HRD) Human Resources Development is a process of helping employees in an organisation
to acquire new skills and competence on a continuing basis. The organisation should provide facilities to the employees in a planned and systematic way to:
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M ergers Merger happens when two companies, mostly of the same size, agree to go forward as a single new company in the best interest of both. The shareholders of the involved
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