‘Resources underlie competencies‚ whereas competencies build resources’ Discuss this statement and explain under what conditions both resources and capabilities can create a competitive advantage for a company Introduction This essay will discuss how resources and competences are linked with regards to a firm’s performance and under what conditions they can be fully utilized to create a competitive advantage for the company in question. Main Generally it can be found that in a particular
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1. What is a renewable resource? Why is ethanol described as a renewable resource? * A renewable resource is a natural resource with the ability to reproduce through biological or natural processes and replenished with the passage of time. Renewable resources are part of our natural environment and form our eco-system. * Ethanol fuel is ethanol (ethyl alcohol)‚ the same type of alcohol found in alcoholic beverages. It is most often used as a motor fuel‚ mainly as a biofuel additive
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Critically review the situation at RestaurantCo and provide recommendations to the board on the strengths and weaknesses of its approach to managing human resources. Your answer should include reference to at least the following issues: A discussion of the links between corporate strategy‚ HR policy and management practices at the workplace level; Link btw corporate strategy‚ HR policy (those that support the corporate strategy. How does the branch manager implement HR policies to support the
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Goldman Sachs investment bank and is believed to have a high potential of becoming the world’s largest economies in the 21st century‚ Insha’ALLAH. This land of the pure has natural resources in such abundance that it can sustain itself for many years ahead. Scientific investigation and exploration‚ into the resources‚ have only really been under way for a
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Human resource management is one of the most important aspects of creating and maintaining a successful organization. The human resource is the number one resource within a company as people are the ones who maintain‚ expand‚ and can conceivably destroy a company. Companies that recognize the value of hiring‚ managing‚ evaluating‚ maintaining‚ and growing employees are most likely to have effective‚ cost-efficient organizations. Human resource management is a constantly changing landscape that will
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DEPARTMENT OF MANAGEMENT STUDIES MGMT 3025 – HUMAN RESOURCE DEVELOPMENT COURSE OUTLINE No. Of Credits: 3 Level: III Pre-Requisites: MGMT 3017 – Human Resource Management Course Description This course is designed to expose students to the issues‚ techniques and skills associated specifically with the training and development function in organisations. It will expand on the Human Resource Development module covered in the capstone Human Resource Management Course. COURSE RATIONALE The general
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Community Resource Assignment The American Red Cross is a humanitarian organization that provides significant help to those in need. The organization is a branch of the International Federation of Red Cross and Red Crescent Societies. The organization’s initial goals were to provide humanitarian efforts and other relief during trying times. For example‚ many felt that the group was formed in response to the destruction caused by the American Civil War. Founder and the group’s first President
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are a market leader in United States. Besides the traditional forms of communication like local and distance telephone services through mobile lines or landlines‚ AT&T’s primary business is to provide a diversified of telecommunication services to American customers and their services includes: Wi-Fi‚ high speed internet‚ internet TV‚ fiber optics‚ satellites‚ voice and cloud services with a whole suite of IP-based business communication services. They were established back in 1876 when Alex Graham
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maintaining a competitive advantage (Millmore et al.‚ 2007). Therefore‚ in a growing number of organizations‚ strategic human resources management (SHRM) is now viewed as a source of competitive advantage. Strategic human resource management is designed to help companies meet the needs of their employees while promoting company goals. As an important aspect of strategic human resource management is employee development‚ organisations have to consider employees may want or need and what the company can reasonably
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“Research Proposal” Topic : Human Resource Accounting as a Measurement Tool: Asian Perspective Submitted By: M. Rizwan Arshad. Lecturer Department of Management Sciences The Islamia University of Bahawalpur. PhD Research Proposal of Mr Rizwan Arshad Human Resource Accounting as a Measurement Tool: An Asian Perspective Attempts to account the Human Resource are not new it was Rensis Likert (1963)‚ who initiated research into HR accounting in the 60’s. He stressed
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