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Human Resources(Name)(University)(Course)(Tutor)(Date)Topic definitionHuman resource practice and management within organizations is evolving gradually but steadily. The significance of people resources within a firm, their management and tasks, as well as the organization of departments concerned with human resources within a firm, cannot be underestimated. Training of these people resources and their subsequent development is central to the success of an organization as they directly impact on employee productivity, organizational performance and job satisfaction. In addition human resources embody intangible assets such as skills and competencies that directly impact on the value of an organization in the market and hence, deserve constant improvement. As such, the manner in which human resources within an organization are managed and organized, not only affect the quality of employees but also the organizational performance and the overall value of a firm.Literature reviewAccording to Datta, Guthrie, & Wright (2005), industry characteristics such as capital intensity, differentiation and growth affect the outlook of human resource structures of a firm and subsequently its performance. Development of high-performance human resource systems enhances labor productivity. Nevertheless, the intensity of human resource practice and policies impact on workforce productivity is dependent on the prevailing industry con...