Explanation:

The Human Resource Strategy refers to an overall plan of a business that helps manage the human capital to align it with its business activities. It sets a direction for all the major areas of HR that includes the hiring process, performance appraisal, development, and compensation. 

Strategic human resource management involves a future-oriented process of developing and implementing HR programs that address and solve business problems and directly contribute to major long-term business objectives.

HR management was once largely an administrative function focused on day-to-day responsibilities such as employee recruiting and selection and managing employee benefits. Changing labor market conditions and new business thinking call for HR business strategies that include recruiting and retaining the right people, as well as providing ethical and cultural leadership.