Answer:
Human Resource Management
Step-by-step explanation:
HRM stands for Human Resource Management, which is defined as the practice for managing, recruiting, deploying and hiring the employees of the firm or the organization. It is also called as the human resource (HR).
It is also described as the approach of strategic to the effective management of people in the company or firm, so that they help the business in gaining a competitive advantage or benefit.
Therefore, HRM (Human Resource Management) is the one by which the financial performance and effectiveness of the company is affected.