The importance of Human resource Assignment 1 Human resource is the set of individuals who make up the workforce of an organization and crucial for the success of the organization. Human resource is the most valuable asset to any organization and huge investment is made for the development to enhance the value. Organizations are comprised of three types of major assets that are needful to an organization’s ability to produce goods and services‚ namely‚ Financial assets‚ Physical assets and Intangible
Premium Asset Balance sheet Goodwill
Human Resource What are the four functions of management? Leading – Motivating others to work toward the goal. Controlling – Monitoring and regulating progress toward the goal. Organizing – Coordinating work activities. Planning – Formulating goals. What do managers manage? People Money (assets) Time Resources Self Stress 2. Moon Problem: Rank the items individually in rank order based upon your opinion. As a group pick a leader. As a group analyze and pick the five most important
Premium Management
Question 1 - Define Human resource planning (HRP)? Explain the objectives and process of HRP? Ans: Human Resource Planning (HRP) can be defined as the method of ensuring the right number of qualified people‚ in the right job at the right time to bring the results in an efficient and effective manner. HRP is a process by which an organisation ensures that it has the workforce management as per needs and they are capable of effectively and efficiently completing those tasks that help the organisation
Premium Management Future Time
South Korea Introduction South Korea is one of the most dynamic countries in the world‚ South Korea has emerged from a chaotic history‚ and has rightfully ascended the ladder to become a world power. Bordering North Korea in the south and separated from China and Japan by the Sea of Japan‚ Yellow Sea and Korea Strait‚ South Korea is an active participant in what is one of Asia’s most historically volatile areas The national flag of Korea is called “Taegeukgi’. According to Korea.net “Its design
Premium South Korea
evaluation and feedback about their expatriates. Besides‚ it also concerns about continuous training and development efforts as well as performance-related pay. As other global enterprise‚ Nokia was utilizing global‚ standardized performance management system to manage every expatriate. However‚ people in different position or level will have different performance management. Expatriates in higher level will enjoy more room to make their decision and more emphasize on the long-term goals. Middle managers
Premium Management Goal Human resource management
Human Resource Management Department is the organizational function that deals with issues related to people such as wellness‚ benefits‚ communication‚ administration‚ training‚ hiring‚ compensation‚ performance management‚ organization development‚ safety‚ benefits‚ and employee motivation. The human resources office department focuses on bringing out the best in his or her employees and to contributing to the success of the company. The department is responsible for hiring and filling position
Premium Human resources Management Human resource management
The Supervisory training at BK steel (The students are expected to do additional reference in completing this take home assignment) The BK steel is a single owner engaged in aluminum and steel production and designs for office and house hold constructions. It is a medium scale establishment having its main factory in Colombo and five other branches operated in Negambo‚ Gampaha‚ Kadawatha‚ Baththaramulla and Panadura. In the main office there is a Personnel Administration Department headed by a
Premium Human resource management Human resources
should include: a handbook a tour of the facility introduction to the supervisors presentation on the organization and supporting written information on their history‚ objectives‚ mission‚ organizational structure copy of the employees job description‚ explanation of the job responsibilities copy of the collective agreement information on training to be received Changing the name of the orientation program to onboarding program is a wonderful idea. Should Pierre and Jennifer be
Premium Employment Apprenticeship Narcissism
are: Your Answer: Exporting jobs. Correct. Competitive pressures of globalization are prompting more employers to export jobs abroad. 9. The knowledge‚ education‚ skills‚ and expertise of workers is collectively known as: Your Answer: Human capital. Correct. The term denotes the knowledge‚ skills‚ education and expertise of workers. 10. A company’s _____ is its plan for balancing internal strengths and weaknesses with external opportunities and
Premium Human resource management Management Strategic planning
SUBJECT : HUMAN RESOURCE MANAGEMENT ASSIGNMENT TITLE : FUNCTIONS OF HRM SEMESTER : MARCH – JULY 2013 “ MH HOTEL ” PREPARED BY : WOON WANG THONG SHENG (03DIMT12-0077) LEE ZUN ONN (03DIMT12-0080) GOH TEIK HAN (03DIBA12-0177) ARTHUR CHIN CHEE HAO (03DIBA12-0178) PREPARED FOR : MR KARUSIVA Executive Summary Names of students that went to interview: Arthur Chin Woon wang thong sheng Goh teik han Lee zun onn Location:
Premium Human resource management Human resources