The document discusses human resource management (HRM). It defines HRM as acquiring, retaining, motivating, and maintaining human resources in an organization. The objectives of HRM are outlined as societal, organizational, functional, and personal objectives. The functions of HRM discussed are operative functions like recruitment, training, compensation, and labor relations. The role of an HR manager is described as challenging due to factors like globalization, technology, mergers and acquisitions of companies, outsourcing, and workforce diversity. Proper training of employees is important to manage these challenges.