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HR Glossary | A | B | C | D | E | F | G | H | I | J | K-L | M-N | O | P | R | S | T | U-W|
A term coined by Alfred Müaut;ller-Armack, Secretary of State at the Economics Ministry in Bonn, Federal Republic of Germany between 1958 and 1963. He defined the social market as an economic system that combined market freedom with social equilibrium. In this kind of economic system the government plays a regulating role and creates the framework for market processes, going beyond securing competition to ensure social equity.
See also:
Business Environment
Social Protection
ConformityBased on the glossary section of Human Resource Management, 4th edition.
HRM Textbooks
Human Resource Management, 4th edition
by Alan Price
Covers all the key aspects of HRM. Available from:
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Fundamentals of Human Resource Management
Shortened version of Human Resource Management - concise analysis for non-specialists and one-semester courses.
More information and prices from:
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Amazon.it- Euros
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