1 what is human resource management? The strategic approach to the effective management of an organization workers so that they help the business gain a competitive advantage. 2. what is the main purpose of HRM ? -recruit capable ‚ flexible and committed people -managing and rewarding their performance -developing their key skills 3 do you know the previous name of HRM ? -HR 4 human resources manager performs several functions. List these functions ( as many as you know .) - Human Resource
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P1 – Describe the promotional mix used in two selected organisations for a selected product/service. (Xbox and Apple iPhone) What is promotional mix: Promotional mix Using several different types of communication to support marketing goals which include Advertising‚ Personal selling‚ Publicity‚ and Sales promotions. Marketers to help choose these different types of marketing a firm reach its goals. Furthermore the promotional mix is a combination of methods that are used for a product or service
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MGT 550: Strategic Management Chapter 04: Business Level Strategy Instructor M. Moinul Haque Notable Quotes Alice said‚ “Would you please tell me which way to go from here?” The cat said‚ “That depends on where you want to get to.” Lewis Carroll Even if you are on the right track‚ you will get run over if you just sit there. Will Rogers 2 M. Moinul Haque‚ Premier University‚ Chittagong Business Level Strategy Core Competency The resources and capabilities that
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be annihilated if any of the heavy machinery was to go off. Israel argues this because at its thinnest point Israel is only nine miles wide. That makes it quite hard to fend off attacks and it makes Israel liable to being split into different parts. Which isn’t good for Israel. Good for the Arab countries but not
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1. Why Should You Write a Business Plan? You don’t need a business plan‚ but most businesses who find success formed a business plan. Not having a business plan is like taking an exam with out studying. “A study of small businesses survey found that companies that had a business plan were far more likely to succeed than those that did not.” and “University of Pennsylvania’s Wharton School said‚ "A comprehensive and complete business plan is crucial to the success of any business” (Schiff.) Although
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known as “The Four Levels of Learning Evaluation” was redefined in 1994 in his book titled "Evaluating Training Programs: The Four Levels." The idea behind the model is for an organization to have meaningful evaluation of learning in the organization. The four levels included in this specific model are reaction‚ learning‚ behavior and results. The first level‚ “reaction”; measures what how the trainees (the people being trained)‚ reacted to the training. This particular level is only meant to
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In my investigation I will investigate reasons why people work and why people would be in business. I will investigate advantages and disadvantages looking at limited companies to being self employed and working within the public and private sector’s. My Investigation will be mainly constructed around my parents. My dad was a self employed builder for about fifteen years and has in the last few years become a limited company. My mum is a personal services assistant for the NHS and has been for around
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Managing Business Activities to Achieve Results The 1st assignment – Managing Business Activities to Achieve Results Prepared for: Mr. Martin Ortega (BTEC lecturer) Nguyen Trai University‚ Hanoi Submitted: 10/05/2013 Prepare by: Name: Tran Anh Vu Date of birth: 27/01/1992 Course: 2010 – 2014 Sectors Study: Btec Program Student Code: 1050001027 NAME OF STUDENT TRAN ANH VU REGISTRATION NO. 1050001027 UNIT TITLE Unit 15: Managing Business
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Chapter 5 Business Level Strategy Successful business model is the product of successful business level strategies. A successful business model can give a company competitive advantage over rivals. To craft a successful business model‚ strategic managers must determine three issues stated below: 1. What to be satisfied-customer’s needs: Customer needs are the wants that can be satisfied by the means of attributes of the products. Customers choose a product based on: A. Product differentiation
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Levels of strategy • Corporate strategy (eg. Virgin‚ Nestle) Strategic Management Business‐level strategy Different ways of competing at the level of the individual Business Unit (SBU) How can competitive advantage be sustained? Hyper‐competition – Which industries/markets should we be in? – How is the corporate portfolio managed? • Business strategy (eg. Virgin Atlantic‚ Nestle babyfood) – Tactics used by an SBU to compete in the market • Generic strategies and how to sustain these
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