Asst. Prof. Simran Kour
Asst. Prof. Simran Kour
Simran Kour
Introduction to Human Resource
Development
Apprenticeship programmes
Evolution of HRD
Asst. Prof. Simran Kour
The Commodity Concept : Labor is regarded as the
commodity to brought & sold. Wages were based on
the demand & supply. Government did very little to
protect the worker.
The Factor of Production : Labor was considered as
factor of production only like money, material &
land, etc.
The Goodwill Concept : Welfare measures like
safety, first aid, lunch room, rest room, will have a
positive impact on the worker productivity.