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Leona [35]
2 years ago
10

In what way is the HR function important to the success of the everyday tasks in an organization? Discuss the competitive advant

ages that can accrue to an organization that genuinely is committed to workplace diversity?
Business
2 answers:
pentagon [3]2 years ago
8 0

Answer:HR plays a key role in developing, reinforcing and changing the culture of an organisation. Pay, performance management, training and development, recruitment and onboarding and reinforcing the values of the business are all essential elements of business culture covered by HR

A diverse workforce is a more productive workforce, and your business can benefit from different perspectives, improved community relations and more creative ideas.

Workforce diversity can bring about an increase in productivity and competitive advantages. Employers can offer more solutions to customers because of new ideas and processes brought into the organization. Workplace diversity also increases employee morale and causes employees to desire to work more effectively and efficiently. Diversity in leadership within a firm allows managers to bring in new skills and methods for achieving unity within their teams.

Explanation: workforce diversity helps the organization to grow faster and also boost the morals of employees,for every organization that adopt diversity it's tends to be above other organizationbin level of productivity.

allochka39001 [22]2 years ago
4 0

Answer: Find the explanations below.

Explanation:

1. The human resource department in an organization is charged with the role of recruitment and maintenance of a stable and efficient workforce.

If an organization would be successful in its everyday activities, this would largely depend on how efficient its workers are. The Human Resource department has the role of ensuring this by;

1. Training workers with skills needed to work.

2. Providing appropriate compensation and group benefits packages.

3. Performance appraisals.

4. Employment of qualified staff.

5. Ensuring that the organization meets up to government requirements of operation and laws.

2. Workplace Diversity is an organizational policy that allows for the inclusion of people from various races, gender, age, beliefs, etc., into the organization.

Competitive advantage that can arise from this include;

1. Increased access to a diverse customer base: When there is diversity in the workplace, each individual can contribute or share knowledge of ways they think, they can better reach the customers. Different opinions would enable them to access many customers thus yielding increased output.

2. Ability to hire qualified candidates from a larger stream of options: Workplace diversity would ensure that there is no discrimination in the hiring process. This would, in turn, lead to the employment of more candidates from different backgrounds bringing their own skills to the job.

3. A positive view of the organization by society: When an organization is known to be all-embracing in its culture and hiring process, people would be more drawn to them.

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When two proprietors decide to combine their businesses and form a partnership, gaap usually requires that noncash assets be tak
Tcecarenko [31]
When proprietors decide to combine their business and form a partnership, gaap usually requires that non cash assets be taken over at : C. fair market vale
The data will be used to calculate the percentages of ownership of each combined companies

hope this helps
8 0
3 years ago
Consider the circular flow model to answer the questions that follow.
Zarrin [17]

Answer:

The answer is :

A. Resource market - income

B. Expenditure - product market.

Explanation:

A. Resource market - income

B. Expenditure - product market

The circular flow model shows how money moves through the economy in exchange for goods, services, and resources.

A.

In circular flow of income, households provide inputs to firms through the resource market(matket where households supply land, labor, capital, and entrepreneurship) in exchange for money(income or wages).

B.

Also in circular flow of income, firms receives expenditure from household and this type of market is called product market(which refers to a place where goods and services are bought and sold)

6 0
2 years ago
Choose the statement that is incorrect.
MAVERICK [17]

Answer:

B. In the long​ run, a change in the nominal exchange rate brings an equivalent change in the real exchange rate.

Explanation:

As we know that in the short run there is a decline in the nominal exchange that results in a decrease of real exchange rate due to which there is a reduction of the import and the export is risen.

But in the case of the long run, if there is a change in the nominal exchange rate so the real exchange rate would remain the same

This results that if there is a change in the nominal exchange rate so it would not bring the equal change in the real exchange rate

Hence, option B is incorrect

5 0
3 years ago
Bread Co. commenced operations during the year as a large importer and exporter of baked goods. The imports were all from one co
storchak [24]

Answer: c. $300,000

Explanation:

Here, the shipping costs from overseas is part in inventory costs whereas the shipping costs to export are part of expense not inventory.

Given: Purchases during the year  $15.0 million

Shipping costs from overseas$1.5 million

Shipping costs to export customers$1.0 million

Inventory at year end $3.0 million

Amount of shipping costs should be included in ABC Trading's year-end inventory valuation = (Inventory at year end)÷(Purchases during the year ) × (Shipping costs from overseas)

= ($3,000,000) ÷ ($15,000,000) × ($1,500,000)

= $300,000

Hence, the correct option is c. $300,000.

3 0
2 years ago
Speedy has net income of $30,955, and assets at the beginning of the year of $212,000. Assets at the end of the year total $258,
Talja [164]

Answer:

13.17%

Explanation:

Given that;

Net income = $30,955

Asset at the beginning of the year = $212,000

Asset at the end of the year = $258,000

Return on assets = Net income / Average total assets

But,

Average total assets = (Assets at the beginning of the year + Assets at the end of the year ) / 2

Average total assets = ($212,000 + $258,000) / 2

Average total assets = $235,000

Therefore,

Return on assets = ($30,955 / $235,000) × 100

Return on assets = 13.17%

4 0
2 years ago
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