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3 years ago

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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If amazon had decided to design and manufacture the kindle and all its components in the united states, what do you think the co

Scrat [10]

Answer:

Brief summary of the case:

The case deals about the evolution of kindle by Company A. When the company decided to introduce kindle, its price was $399 in 2007. Company A understood that to be successful against the huge competitors, kindle must be priced low. It must be highly reliable, many features and elegance must be provided in the design of kindle. "Company A- designed kindle in State C where the research and development expertise is available.

Market research firm "IS," estimated that the manufacturing cost of kindle is about $185. The expensive components of the kindle are the display used in the Electronic ink technology and wireless cord. Company A contracted with Country C's company to produce the display. A manufacturer in Continent A produced a wireless cord of $13. Many components were contracted to the different countries to reduce the cost of the kindle to be competitive. Now, kindle became the competitor to the massive companies.

Determine if the company has decided to manufacture all the components of Electronic reader K in Country U:

If Company had decided to manufacture all the components in Country U, then it would have been more expensive. Company A cannot sell that at an affordable price. Increase in the cost of the components would increase the overall cost of the Electronic reader K. The most important strategy of Company A is to minimize the cost of the product to increase the number of sales.

Increase in the manufacturing cost will dilute their competitive advantage and it increases the cost of the product. It will lower the sales and the buyers would prefer to use the competitors' products, which are cheaper.

Determine if the company has decided to manufacture all the components of Tablet F in Country U:

It would be expensive if they decide to manufacture the components in Country U. It will not affect the sales number like Electronic reader K. as Tablet F is multipurpose. People will prefer quality and specifications than price.

Conclusion:

Manufacturing in Country U would be expensive and it increases the overall cost of the product. It would affect sales of the products.

3 0

3 years ago

A citizen of one country working in another country and employed by an organization headquartered in the first country in called

KonstantinChe [14]

Answer:

A person who works in a company belonging to another country is called an expatriate. These high-ranking personnel are generally sent to other countries, mainly to promote the organizational culture of the company and for corporate purposes to be fulfilled.

It can also be used to train staff in the new country where there are expansion plans.

For example: An operations manager who is moved to another country to manage a new plant of a group, this will be responsible for promoting knowledge and align the ideas of the parent company with the company of the other country.

5 0

2 years ago

Consider an economy described by the following equations:

Ede4ka [16]

Answer:

a. exchange rate = 1

b. exchange rate = 1.5

Explanation:

(a) National Saving = Private saving + public saving

Private saving = Y - C - T

=> Private saving = 5000 - (250 + 0.75(Y – T)) - 1000

=> Private saving = 5000 - (250 + 0.75(5000 – 1000)) - 1000 = 750

Public saving = T - G = 1000 - 1000 = 0

National saving = 750 + 0

= 750

Investment = 1000 - 50r = 1000 - 50*5

= 750

Y = C + I + G + NX

Trade Balance = Y - C - G - I = 5000 - (250 + 0.75(5000 – 1000)) - 1000 - 750 = 0

Thus Trade Balance = 0

NX = 0 => NX = 500 – 500e = 0

=> e = 1

Thus exchange rate = 1

(b)

National Saving = Private saving + public saving

Private saving = Y - C - T

=> Private saving = 5000 - (250 + 0.75(Y – T)) - 1000

=> Private saving = 5000 - (250 + 0.75(5000 – 1000)) - 1000 = 750

Public saving = T - G = 1000 - 1250 = -250

National saving = 750 - 250

= 500

Investment = 1000 - 50r = 1000 - 50*5

= 750

Y = C + I + G + NX

Trade Balance = Y - C - G - I = 5000 - (250 + 0.75(5000 – 1000)) - 1250 - 750 = -250

Thus Trade Balance = -250

NX = -250 => NX = 500 – 500e = -250

=> e = 750/500 = 1.5

Thus exchange rate = 1.5

8 0

3 years ago

If a bookstore manager prices a book higher than the equilibrium price, then _____. A. the market price of the book will become

oksano4ka [1.4K]

D. There will be an excess supply of these books.

4 0

2 years ago

Read 2 more answers

University Printers has two service departments (Maintenance and Personnel) and two operating departments (Printing and Developi

expeople1 [14]

Answer:

First calculate total machine hours

1500 + 1500 + 4500 = 7500 total machine hours

personnel = 1500/7500 x 4,800

printing = 1500/7500 x 4,800

developing = 4500/7500 x 4,800

for personnel:

500 printing + 3,500 developing = 4,000

For Departments:

printing = 500/4,000 x 15,760

developing = 3,500/4,000x 15,760

6 0

2 years ago