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Leto [7]
3 years ago
12

Explain how the process of recontextualization changes the meaning associated with an HRM policy or practice. The HRM practices

of the businesses locally and internationally have been practicing and improving as time passes and the expansion of businesses occurs. The growing competition and the business globalization makes it important for the companies to rethink and improve their HRM practices, so as to adjust them to the local environments they operate in and get the best result out of it. The practice of recontextualization briefly states the transferring of HRM practices and changing them according to the nature of the business in the environment it operates in to adjust itself to the cultural and institutional norms followed in that country. The modification of the business processes is often well planned and studied in advance in contrast tovarious characteristic of the place of business, adapting to the society and culture of the country of operation.
Business
1 answer:
Naily [24]3 years ago
4 0

Answer:

how the process of recontextualization changes the meaning associated with an HRM policy or practice

Explanation:

The simple meaning of HRM policies and practices are the guidelines and procedures that is established by an organization in order to ensure that productivity is constantly sustained. It includes the process of recruitment, guidelines for performance evaluation, and the approaches by which management addresses operational challenges.

If the practice of recontextualization implies the transferring of HRM practices and changing them according to the nature of the business in the environment it operates in, then the HRM policies and practices of such organization will:

  • Be altered in terms of recruitment and selection processes
  • Align its existing policies with the norm of the society in order to have competitive advantage among its competitors.
  • Be expected to development or redefine its management approaches to work.
  • Establish other means for enhanncing productivity and results.

By this changes, the existing HRM policies and practices changes

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During a period of severe inflation, a bond offered a nominal HPR of 83% per year. The inflation rate was 74% per year. a. What
Ierofanga [76]

Answer:

real HPR is 5.17 %

Explanation:

given data

nominal HPR = 83%

inflation rate = 74%

to find out

What was the real HPR on the bond over the year

solution

we find real interest rate r that is express as

r = \frac{R-i}{1+i}        .........................1

here R is nominal rate and i is inflation rate

so put here value

r = \frac{0.83-0.74}{1+0.74}

r = \frac{0.09}{1.74}

r = 0.05172

so real HPR is 5.17 %

3 0
3 years ago
The time between the disabling event and the beginning of payments in your disability coverage is called:___________
jeka57 [31]

The time between the disabling event and therefore the beginning of payments in your disability coverage is called: Elimination period.

Option C is correct

<h2>What is the purpose of elimination period?</h2>

The purpose of an elimination period is to give you the opportunity to get treatment and see how your illness or injury responds. you'll be able to return to work using only paid leave or short-term disability.

<h3>Do you get paid during elimination period?</h3>

Elimination Period: The elimination period may be a period of time an employee must be disabled before benefits are paid. for brief term disability, there's an elimination period for disabilities due to sickness and one for those due to injury. The elimination periods could also be the same length, counting on the policy.

Learn more about elimination period:

brainly.com/question/13547683

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5 0
1 year ago
A ______________ merger unites firms at different stages of related businesses.
Salsk061 [2.6K]
Vertical merger is the joining of two companies involved in different stages of related businesses.
5 0
3 years ago
LO 2.1Which of the following is the primary source of revenue for a service business?
malfutka [58]

Answer:

providing intangible goods and services

Explanation:

A service business is an organisation that provides services.

Examples of service businesses are airlines, insurance companies, and hospitals.

I hope my answer helps you

3 0
3 years ago
Read 2 more answers
Calculate the yield to maturity (YTM) for a one-year bond with a purchase price of $8,000, a face value of $10,000, and a curren
Mazyrski [523]

Answer:

yield to maturity YTM = 35%

Explanation:

given data

purchase price = $8,000

face value = $10,000

current yield = 10%

solution

we get here yield to maturity YTM

so first we get Annual Coupon by current yield that is express as

Current yield = annual coupon  ÷ current price   ..............1

put here value we get

Annual Coupon = 10 % ×  8,000

Annual Coupon = $800

now we get YTM by purchase price  that is  

purchase price = Annual Coupon ÷ ( 1+YTM ) + face value ÷ ( 1+YTM )  .......2

put here value we get

8,000 =  \frac{800}{1+YTM} +\frac{10000}{1+YTM}

solve it we get

yield to maturity YTM = 35%

5 0
3 years ago
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