“Demand for Industrial Products is derived”. Explain and also how would you estimate the demand for compressor for refrigerators and air conditioners? Industrial marketing - definition Industrial marketing consists of all activities involved in marketing of products & services to organizations i.e. commercial enterprises‚ profit & not for profit institutions‚ government agencies‚ & resellers‚ that use products & services in the production of consumer or industrial goods & services‚ & to facilitate
Premium Marketing Supply and demand Business
The demand for resources is a derived demand‚ derived from the products or services which resources help produce. For example‚ people do not demand acres of land or tractors‚ but they do demand the food products that are produced. There are several factors that the strength of demand depend on including‚ productivity of the resource in helping to produce goods and the market value or price of the good. A resource which is highly productive in producing a highly demanded product will be in great
Premium Academic degree 21st century Education
IMPORTANCE OF Human ResourceS PLANNING IN ORGANIZATIONS by Nyamupachari Vareta HUMAN RESOURCES ASSISTANT. DIP PM; HND DIP HRM; DIP TM (IPMZ. BRAZZAVILLE‚ CONGO E-MAIL: VARETAN@YAHOO.COM InTroduction Planning is very important to our everyday activities. Several definitions have been given by different writers what planning is all about and its importance to achieving our objectives. It is amazing that this important part of HR is mostly ignored in HR in most organizations because those
Premium Human resource management Management Human resources
resource planning is the systemic set up or approach of an organization to achieve optimum use of its most valuable asset i.e. human resource. There are many external factors which plays impact on planning of HR department. Considering the Pride Group we have come out with some of these impactful factors. Government Regulations: Government laws and regulations have always played an important role in HR planning of Pride Group. These types of regulations influence every process of the HR department
Premium Human resources Human resource management United Nations
INTRODUCTION Many business owners prepare a business plan before starting their business. However‚ small business owners often do not include human resource planning as part of their over-all business plan. They may start out with only a few employees or none at all. Over time‚ it is important to properly forecast employment needs. Just as failing to address potential threats in the marketplace can jeopardize the viability of your business‚ failing to anticipate personnel needs can impact on
Premium Human resource management Management Strategic management
ISSN 0976 – 6510(Online) Volume 2‚ Number 1‚ Dec - Jan (2011)‚ © IAEME ISSN 0976 – 6502(Print)‚ ISSN 0976 – 6510(Online) Volume 2‚ Number 1‚ Dec - Jan (2011)‚ pp. 01-14 ©IAEM © IAEME‚ http://www.iaeme.com/ijm.html IJM E CHALLENGES FOR HR MANAGERS IN INDIAN BPO INDUSTRY WITH RESPECT TO ATTRITION Hema Gulati Asst.Professor Department of Management DAV Institute of Management Faridabad‚ Haryana-121001 E-Mail: gulati_hema@yahoo.com Dr.Sunita Bishnoi Assoc.Professor Department
Premium Management Human resource management Business process outsourcing
To: Ms PATRICIA CALDWELL FROM: ACHRAF CHAMSY HUMAN RESOURCE MANAGEMENT TASK2 DATE: 08/12/2009 HR planning HR planning is basically developing strategies in order to match the size and skills of the employees to meet the company’s needs. The HR planning processes assists companies to recruit‚ keep and optimize the employment of the personnel needed to match the organization’s objectives and to meet the changes in the external environment. This process include carrying out
Premium Recruitment Human resource management
1.What is HR planning ? Human resources planning is a process intended to help guide the organization plan in many general areas concerned with the organization in order to enhance its employees performance‚ such as‚ staffing‚ the growth and development of the organization‚ planning training programs for the employees‚ job rotations‚ and the process of designing‚ managing and implementing programs that help and support the employees like benefits and compensation programs. Nowadays‚ human resources
Premium Human resource management Strategic planning Strategic management
HR Planning At SENTEL Corporation SENTEL Corporation Section 1 It is safe to say that in order for any organization to grow exponentially they need some sort of business strategy to help them flourish. This strategy can only be developed in the heart of the organization‚ which is the human resource department; with a human resource management mindset. Human resource management is the department in an organization
Premium Human resource management Human resources
MYTHS People go into HR because they like people – but that’s pretty much it. Anyone can do HR HR deals with the soft side of a business and is therefore not accountable‚ nor strategic HR focuses on costs‚ which must be controlled (i.e. salary $’s) HR’s job is to be the policy police and the health and happiness patrol HR is full of fads HR is staffed with nice people NEW REALITIES-SHRM Strategic management of people through HR programs and policies helps to ensure organizational outcomes
Premium Strategic management Strategic planning