Abstract
In this new age of globalization, organizations defined as an entity and a social system (Gibson, 1994, p4) are being made to function in a business environment which demands quick responses to change, such as new laws or social trends, in order not to perish. It is obvious that only ?people' are able to anticipate these changes and set up an adequate strategy to tackle the situation with getting clobbered. Therefore, Human Resource Management is definitely as a key factor for the success for these organizations. But firstly we need to develop a clear understanding regarding what the concept of HRM actually involves.
