Which term describes the development of an organizational climate that promotes efficiency and satisfaction?

The correct choice highlights the importance of personnel management in shaping an organizational climate aimed at enhancing both efficiency and job satisfaction among employees. Personnel management encompasses the processes involved in recruiting, training, evaluating, and developing the workforce. When personnel management is effective, it fosters a positive work environment where employees feel valued and motivated, leading to increased productivity and job satisfaction.

In contrast, while financial management focuses on the organization's financial resources and investment strategies, and strategic management deals with long-term planning and direction, they do not specifically target the employee experience or organizational climate. Operations management primarily concerns the processes involved in producing goods and services and may enhance efficiency but does not explicitly address employee satisfaction and the organizational atmosphere. Thus, personnel management is distinctly aligned with cultivating the organizational climate that supports both efficiency and employee satisfaction.