Useful/Important keywords

1. Diktat:
A diktat is a statute, harsh penalty or settlement imposed upon a defeated party by the victor, or a dogmatic decree. The term has acquired a pejorative sense, to describe a set of rules dictated by a foreign power or an unpopular local power.

2. Commitment:
Want to.
Have emotional attachment to do something.
The state or quality of being dedicated to a cause, activity, etc.
An engagement or obligation that restricts freedom of action.

3. Hard Human Resource Management:
Organisation view labour as cost.
Emphasizes the quantitative, calculative and business-strategic aspects of managing human resources in as 'rational' a way as for any other economic factor.

4. Soft Human Resource Management:
Workers are seen as assets.
The soft version traces its roots to the human relations school, it emphasizes communication, motivation and leadership.



5. Globalisation:
Is the ongoing process that is linking people, neighbourhoods, cities, regions and countries much more closely together than they have ever been before.

6. Compliance:
Need to.
The action or fact of complying with a wish or command.

7. jobless recovery or jobless growth
A jobless recovery or jobless growth is an economic phenomenon in which a macroeconomy experiences growth while maintaining or decreasing its level of employment.