He failed at Human Resources functional area of management
Let understand that the functional area of management is the section of management of a firm which ensures that the important business activities are carried out efficiently.
The functional area of management is distinctively categorized into 6 part and they includes:
- Strategic area of management
- Marketing area of management
- Finance area of management
- Human resources area of management
- Technology & equipment area of management
- Operations area of management
In conclusion, the area that Tigger failed at is the Human Resources area because he need to serves as a good example for his Subordinate as well as effectively manage them, whereas, he failed at it.
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Market research.
The firm often goes into uncharted Territories for themselves and takes heavy risks in places unknown to them.
For example, McDonald’s Setting up operations in India made its menu suit the Indian taste pallet and was able to carve out a market shape.
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Answer:
2. Brett is a farmer with an open field on which he can plant either soybeans or corn.
Explanation:
Scarcity in economics means the resources available to meet man's needs are limited or scarce.
In brett's case, land is limited, so he has to choose between planting soybeans and corn.
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Answer:
Competency-based pay helps to tie your company's culture directly to the success of the company. Increased transparency: Employees will better understand what they have the potential to earn with a competency-based pay system and what skills they need to acquire to reach the pay they desire.
