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The Outsourcing and Its Relationship with Human Resources Management

Author

Listed:
  • Konstantina Chatzi

    (Sofia University “St. Kliment Ohridski†, Bulgaria)

Abstract

Human resource management is now the backbone of any modern business. It is true that a few years ago no one imagined the importance that the functions of the human resources department would have for the overall development and progress of a business. In the year 2022 we are now talking about the mutation of the Human Resource Management Department, and we are talking about the strategic HRM. On the other hand, the economic crisis and the intense competitive environment has created the need for companies to readjust their activities and even their goals so that they can meet the ever-increasing needs of the business environment. This adjustment process is called in a word flexibility. The need for flexibility is expressed through the creation of institutions. One of these institutions is the institution of outsourcing, i.e., outsourcing.

Suggested Citation

  • Konstantina Chatzi, 2022. "The Outsourcing and Its Relationship with Human Resources Management," Nauchni trudove, University of National and World Economy, Sofia, Bulgaria, issue 5, pages 295-306, December.
    • Handle: RePEc:nwe:natrud:y:2022:i:5:p:295-306
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    More about this item

    Keywords

    human resource management; management; outsourcing; business performance; strategy;
    All these keywords.

    JEL classification:

    • M0 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - General
    • M1 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration
    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General
    • M11 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Production Management
    • M15 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - IT Management
    • M19 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Other
    • M30 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Marketing and Advertising - - - General
    • M50 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - General
    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration

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