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Phoenix [80]
3 years ago
5

Discuss the six HRM practices from which companies can choose for implementing their strategy. Illustrate by specific examples.

Business
1 answer:
olga2289 [7]3 years ago
6 0

Answer:

Six practices of HRM are as :

  1. Training and development.
  2. Recruitment and onboarding.
  3. Employee relations.
  4. Compensation and benefits.
  5. Risk management.
  6. Corporate policy.

Explanation:

  • Recruitment and on boarding is the first strategy where the candidates are sourced and hired. Its is done to find the best talent for the job. Followed b the training and development to provide different approaches to candidates such as sexual harassment and cyber training.
  • Compensation and benefits such as rocks of losing good talents and keeps the finger on the pulse of industry. Corporate policy done for internal communication's. Employee relation helps the workers deal with the situations.
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Particulars                            Years

                          1                         2                   3

EBIT                  540                   680                750

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Net Capital -

Spending            150                   170                 190

<u>Change in NWC    70                    75                  80      </u>

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The terminal value at the end of T =(3  years) is:

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Years                  Free Cash Flow        PVIF           PV

1                          125.6                        0.6589        107.88

2                         190.2                        0.7377         140.31

3                          210                           0.6336       133.06

<u>Terminal Value  2011.26                    0.6336        1294.33     </u>

<u>Value of the firm   ⇒                                               $1655.58</u>

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