Human Resource Management $($HRM$)$ is a functional area within an organization. It exists to:

To research, develop, and market new products and services for the firm.

To encourage and represent employees and customers who are filing monetary claims and personnel lawsuits against the firm, and who are alleging legal compliance violations.

To account for revenues and expenses of the firm.

To help achieve an organization's mission and its strategic goals by engaging workers, encouraging training, improving performance, retaining employees, and developing leadership abilities.