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In every organization human resource management is an integral part of the system. Nowadays, only HRM is not sufficient to run the organization. Some new concepts and functions like human capital management have entered the corporate market not only to run the organization but to prosper and outnumber their competitors in the tough competitive world.

Human capital management(HCM) and human resource management (HRM) possess many similarities when compared. Human capital management and HRM deal with the HR department of an organization. It is the foremost solitary body responsible for carrying out organizational processes in business environments.

Main Source: https://rcm.ac.in/

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