Business - Page 5

In the context of human resources (HR), "Business" refers to the organized effort of individuals to produce, sell, or provide goods and services in exchange for profit. It encompasses the entire operational framework within which a company functions, including strategies, processes, and workforce management. HR plays a critical role in aligning the workforce with the business's goals, fostering a productive culture, and ensuring compliance with employment laws and regulations. The relationship between HR and business is essential, as effective HR practices can significantly influence an organization's performance, employee engagement, and overall success. This includes talent acquisition, employee development, performance management, and maintaining a positive workplace environment, all aimed at supporting and enhancing the business objectives.