94. The term procurement stands for

A. recruitment and selection
B. training and development
C. pay and benefits
D. health and safety
✅ The correct answer is option A.
The term procurement stands for recruitment and selection. Recruitment and Selection is an important operation in HRM, designed to maximize employee strength in order to meet the employer’s strategic goals and objectives. It is a process of sourcing, screening, shortlisting and selecting the right candidates for the required vacant positions.

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