Part A - True & False Question 1 2 3 4 Answer 1) At the early stage of HRM the main concern of business owners is their employees and to make them satisfied as the main asset of that organization. 2) The term "HR" refers to the group of people in an organization gathered together for purpose of achieving their organization objectives, vision and mission throughout their performance. 3) HRM seeks to develop the competencies of the employees on a sustained basis while PM is a regular, status quo- based administrative function. 4) HR creates value by controlling all activities that produce the employee behaviors that the company needs to achieve its strategic goals