What is Variance Inflation Factor (VIF)

The “speed” of modern business—as well as changes in the environment—have led administrative organizations on the path of additional challenges. These organizations tirelessly strive for the realization of advanced systems, adapting their business to modern ideas and trends and gaining market advantage. In this way, organizations become modern and contemporary in their understandings of internal functioning. The study presented by the authors in the chapter aimed to determine the impact of human resource management (HRM) functions on the balanced scorecard in Jordanian public joint-stock companies. In the research, adequate statistical and descriptive methods were used. The results of the study recommend the creation of an organizational culture that promotes the optimal and effective use of HRM functions in the organizational environment.