Based on the case‚ The Kraut Group currently is considering projects whether to set up a regional office to manage the group companies in Malaysia. The group companies that operate in the South-east Asia region will fund the regional office costs. From my point of view‚ the tax incentives for the proposed regional office is about the principal hub. In April 2015‚ the Malaysian government declared a new specialized principal hub incentive that would make major cities in Malaysia more forcing for multinational
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Answer CASE STUDY : 1 A policy is a plan of action. It is a statement of intention committing the management to a general course of action. When the management drafts a policy statement to cover some features of its personnel programmes‚ the statement may often contain an expression of philosophy and principle as well. Although it is perfectly legitimate for an organization to include its philosophy‚ principles and policy in one policy expression. Q1) Why organizations adopt personnel policies
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support and guidelines of many others. I take this prospect to convey my appreciation to the people who have been influential in the booming completion of this project. I would like to give you an idea as regards my supreme gratitude to all of my group members and also my other class fellows. I can’t express thanks enough for their remarkable support and assistance. I feel provoked and optimistic after attending their address. Without their encouragement and direction this project would not have
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1. Introduction: The concept of human resource is changing day by day. Now employees of an organization is not only considered as human resources but also as human capital.This happened because of the increasing importance of human resource to an organization especially to a manufacturing organization. As a result‚ duties and responsibilities of human resource management have become so dynamic and challenging. The span of tasks of human resource management is now not only limited in hiring of employees
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Planning for the personnel needs of an organization based on internal activities and external environment * How many people? What sort of people? Definitions: * HRP determines the human resources required by the organization to achieve its goals. It is “the process of ensuring that the human resource requirements of an organization are identified and plans are made for satisfying those requirements” – Bulla & Scott. * It is the process‚ “including forecasting‚ developing and controlling
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cognitive development theory on the sensor motor stage. The essay will then move on after the discussion of theorists from Human development in the field of psychology‚ using literature from the field of psychology will be used to include how humans cope best with stress such examples will be exercise‚ social support and meditation. Human development is broken down into life stages. Within each of these diverse phases are numerous changes in physical‚ cognitive and psychosocial development (Drewery
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Managing Human Resources Contents Introduction 1 Task 1 1 1.1 The Guest’s model of Human Resource Management 1 1.2 The differences between Story’s definitions of HRM‚ personnel and Industrial Relations (IR) practices: 3 1.3 The implications of developing a strategic approach to HRM for line managers and employees in organizations 5 Task2 6 2.1 A model of flexibility is applied in my organization 6 2.2 The types of flexibility developed in my organization 7 2.3 The use of flexible
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Manage Human Resource Services 1. Outline the difference between strategic plans and operational plans Strategic plans are the long term plans and goals of an organisation‚ whereas operational plans are shorter term; more about detailing the day to day operations of the organisation. Operational plans need to keep the strategic goals in mind so that the organisation will reach their longer term goals. HR requirements are necessary both in strategic and operational plans. Within operational plans
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Trace the phases of evolution of human resource management. Answer: Human resource management consists of all the activities undertaken by an enterprise to ensure the effective utilization of employees toward the attainment of individual‚ group‚ and organizational goals. It consists of practices that help the organization to deal effectively with its people during the various phases of the employment cycle‚ including pre-hire‚ staffing‚ and post-hire. Human resource has a historical background since
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management and human resource management 1. 1 Distinguish between personal management and human resource management Human resource management is the study of human resources who are people and work in an organization. There are various definitions of human resource management. Armstrong (2009)‚ states that human resource management is concerned with all aspects of how people are employed and managed in organization. This definition is broad and makes clear about human resource management. According
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