Chapter 1 – The Challenge of Human Resources Management 1. What is the difference between human capital and human resources management? Human capital: people’s actual knowledge‚ skills‚ and capabilities that have economic value to the company Human resources: managing human capital to achieve objectives 2. Explain how globalization is influencing human resource management. Partnerships with foreign firms & lower trade and tariff barriers -requires knowledge of business practices of the particular
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Human Resource Management Strategy：Intangible assets Talk about ‘strategy’ we can trace back to a general Greek word ‘strategos’. It means ‘army’ and ‘lead’. (Bracker‚ 1980 cited in whittington‚1993). The same as the case of HRM‚ traditional HRM not taken serious until it undergo the test of time. Intangible assets include trademark‚ copyright‚ business secret and so on. Human Resource is the significant intangible assets of enterprise competition ability today. Sometimes intangible assets are
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OBHR428 Strategy and Human Resource Management 1. What is the difference between Corporate Strategy (or strategy formulation) and Business Unit Strategy (Strategy Implementation)? The strategy formulation is about making choices‚ decisions and plans for the organization. Strategy Implementation is about the ways and means to achieve those plans‚ decisions and choices. How to execute the strategy decisions or plans. Strategy formulation comes before strategy implementation.
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London: Weidenfeld and Nicolson Flaherty‚ J. (1999)‚ Coaching – Evoking Excellence in Others‚ Burlington MA: Elsevier Foucault‚ M. (1980) Power/Knowledge: Selected Interviews and Other Writings 1972-1977‚ Ed. Colin Gordon‚ New York: Pantheon Books Gray‚ J. (2000)‚ Two Faces of Liberalism‚ London: Polity Press Hall‚ E. T. (1963)‚ The Silent Language‚ Greenwich Connecticut: Fawcett Publications Inc. Hall‚ E. T. (1976)‚ Beyond Culture‚ Garden City NY: Anchor Press Hall‚ E. T. (1984)‚ The Dance of Life – The
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coffee‚ Starbucks has made business out of the human connections‚ community involvement and the celebration culture. Employees at Starbucks described as an important asset of the company and they are important for the company’s growth. Starbucks use its Human Resources policies and practices as a strategy to gain competitive advantage within the international market and the retail industry. Through the enough implementation from Human Resource Management‚ it helps to attract and develop and retain
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A Derivation of an Upper Bound for the Number of Configurations of an n×n×n×n Rubik ’s Cube By David Smith 1. Introduction C4(n) is a formula for an upper bound of the number of distinguishable configurations of an n×n×n×n Rubik ’s Cube‚ which will be derived in this paper. It will be assumed that the reader is familiar with a 4-dimensional Rubik ’s Cube. Online‚ one can find the free computer program Magic Cube 4D‚ developed by Melinda Green‚ Don Hatch‚ and Jay Berkenbilt‚ which is a completely
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5 IIBM Institute of Business Management IIBM Institute of Business Management Examination Paper MM.100 Industrial Relations Section A: Objective Type (30 marks) h This section consists of True and False & Short Answer type questions. h Answer all the questions. h Part One questions carry 1 mark each & Part Two questions carry 5 marks each. Part One: Multiple choices: 1. Workers participation in management decision-making is a highly________ concept. a. Duplex b. Complex c. Simplex
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According to Pilbeam and Corbridge Human Resource Development can be defined as the activities involved in organizing individual and collective learning processes aimed at the development of both employees and the organization. This is concerned with the provision of learning‚ development and training opportunities in order to improve individual‚ team and organizational performance. The Human Resource Development process main intention is to improve employees’ career goals and achieve the organization’s
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A Reflection of Human Resource Management HR department is responsible for many of the attributions of an organization. HRM is a strategic part in the organizational achievement of the company. HR department major daily tasks are planning and alignment‚ staffing‚ preparing compensation offers and to shape‚ outline and define the culture of the organization. HRM process which purpose is to attract‚ retain‚ and motive is made up of eight main practices which include HR planning‚ job analysis
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Chapter 7 Notes Human Resource Management DEFINE selection and DISCUSS its strategic importance. DEFINE reliability and validity and EXPLAIN their importance in selection techniques. DESCRIBE at least four types of testing used in selection and ANALYZE the conflicting legal concerns related to alcohol and drug testing DESCRIBE the major types of selection interviews by degree of structure‚ type of content‚ and manner of administration. EXPLAIN the importance of reference checking‚ DESCRIBE
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