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mina [271]
3 years ago
9

Describe the four goals of human resource management with examples and explanation of what is meant by the goal.

Business
1 answer:
SashulF [63]3 years ago
5 0

Explanation:

1. Defining Organizational Structure And Driving Productivity

  • Setting up the right organizational structure according to the domain.
  • The structure defined for a corporate might not suit for academic institution.

2. Building Coordination Between Organizational Departments

  • This is an significant part to maintain collaboration
  • To run the organization smoothly
  • Eg. Conduct inter-department games and events

3. Dedicate time to finding the right staff and developing their skills base

  • This involves recruitment
  • Also it involves training such as technical, soft skill and other essential skills to promote both organization and the individual towards the success path.
  • Eg. Training on leadership will increase the quality of the leader.

4. Keeping Up With The Societal And Ethical Models

  • It involves equal opportunity and equal pay
  • Any company is recognized long-lasting for the acceptable ethics that it maintains.
  • For eg: A good work culture promotes employees to stay longer in the organization.

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The maximum production of an oil refinery is 1400 barrels per day. The refinery can produce two types of fuel: gasoline and heat
qwelly [4]

Answer:

Maximum total profit = $4,800

Explanation:

When a business is faced with a problem of shortage of a resource which can be used to produced more than one product type, to maximize the use of the resource , the business should allocate it for production purpose in such a way that it maximizes the contribution per unit of the scare resource.

Therefore the Company should allocate the budget cost  to maximize the profit per production cost. This is done as follows:

Calculate the profit per budget cost and rank the product

                                              Gasoline      Heating oil

Profit per product cost         3/6=0.5                    4/8= 0.5

The two products produce the same profit per dollar of cost which is $0.5. So, they are equally ranked.

So the total profit= the budget cost × profit per budget

                           = 9,600× $0.5 =$4,800

Maximum total profit = $4,800

7 0
3 years ago
Assume that ABC had a retained earnings balance of $10,000 on April 1, and that the company had the following transactions durin
Lostsunrise [7]

Answer:

ABC's retained earnings balance at the end of April is $11,400

Explanation:

The addition to retained earnings in the current month is revenue derived from providing services to customers minus the expenses such as rent and employee salaries

Net income for the month=$2,000+$900-$800-$700=$1400

Retained earnings at month end=opening retained earnings+net income

Retained earnings at month end=$10,000+$1,400=$11,400

8 0
3 years ago
The president and founder of a high-tech start-up firm contacted the vice president of HR at the company because she wanted to b
PolarNik [594]

Answer: c. Uniform Guidelines on Employee Selection Procedures

Explanation:

The Uniform Guidelines on Employee Selection Procedures is like a one stop for the knowledge the President of the company seeks. Adopted after Congress passed the Civil Rights Act of 1964, it provides assistance to employers, labor organizations, employment agencies, and licensing and certification boards to comply with requirements of Federal law.

They also apply to all selection procedures used to make employment decisions from interviews to evaluation of performance.

It's a very insightful read really.

7 0
2 years ago
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What device is required to connect to the internet
ollegr [7]

Usually the router whether internal or external is the device you are asking about

3 0
3 years ago
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The major brand strategy decisions a firm has to make in building a strong brand begins with brand​ ________ and is followed by
maw [93]
The answer that best fits the blanks above are POSITIONING and NAME SELECTION, respectively. So one of the strategies in developing a strong brand is to start with brand positioning then followed by brand name selection. Brand positioning is also part of marketing and this allows the brand to be occupied in the minds of the customers. On the other hand, brand name selection follows a certain criteria that should be met whether it is interesting, and attracts attention.
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