*Student, Department of Commerce, S D N B Vaishnav College for Women, Chromepet, Chennai – 44, India.
Online published on 29 September, 2017.
With the vision of global excellence, the field of business tends to face a lot of challenges for it to withstand a phenomenal position among companies. Sustainability in business is highly necessary at one point in its survival. In business every single department has its own contribution for the business development; they have their own set of challenges to be faced for achievement.
In business every single department has its own contribution for the business development; they have their own set of challenges to be faced for achievement. The Challenges of the Human Resource stream must be highlighted being Human capital a basic need of the business.
With intense competition among the companies, Attrition rate today is turning out to be a "big challenge" for businesses in India. Emerging economies such as India are seeing high attrition rates, which are estimated as the big challenge, costs for businesses. And thus, the solution of managing this Challenge of gaining Human capital for sustainability of business development should be derived.
