Q.Human Resource is a ______ asset.

The correct answer is (d) Intangible, because human resources consist of people's skills and abilities that cannot be physically touched.

As explained in the TN HSC Commerce chapter on Fundamentals of HRM, human resource refers to the total knowledge, skills, creative abilities and aptitudes of an organisation's workforce.

• These qualities exist within people and cannot be seen or touched physically, so human resource is classified as an intangible asset. …

HRM combines a body of systematic knowledge (science) with the skilful, judgemental handling of people (art), so it is both — option (c).

Human Resource Management (HRM) is called both a science and an art. It is a science because it is based on an organised body of knowledge, principles, theories and techniques (for recruitment, training, appraisal, motivation, etc.) that can be studied and applied systematically. It is an art because managing people successfully needs personal skill, experience, judgement and creativity — the same principle must be applied differently to different individuals and situations.

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Both statements are true and the reason correctly explains the assertion, so the answer is option (b).

Assertion (A): 'Human Resource Management is an intangible function' is correct. HRM works through people — their skills, motivation, attitudes and relationships — which have no physical form.

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