In 1914, henry ford increased the wage he paid workers in his car factory in dearborn, michigan to $5 per day. the wage was more than twice as much as other car manufacturers were paying. for was quoted saying, "the payment of five dollars a day for an eight-hour day was one of the finest cost-cutting moves we ever made." this is a prime example of

human resource management

Explanation: In simple words, human resource management refers to the process under which  the organisation tries to provide better facilities to its employees so that they work hard and the firm could gain a competitive advantage.

In the given case, Henry ford was providing better wage to its employees than the competitors. This will decrease the labor turnover expenditure and boost the morale of employees.

Hence from the above we can conclude that this is an example of human resource management.

the u.s. census bureau produces data on the population and economy nationwide. it can you to analyze the kind of people living in your neighborhood. it does not show you the market of people willing to buy your product or an existing market for your product. that will require more market research. the census bureau only gives you an insight to the demographics in your area.