How Changes in the Labor Force Affect HRM

How Changes in the Labor Force Affect HRM

Responding to the following question.
How will changes in the labor force affect HRM practices for the next decade? Describe the major regulations governing HRM practices. In chapter 10 the opening quote by Thomas Watson is quoted as saying, “You can get capital and erect buildings, but it takes people to build a business.” What do you think this means?

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