Enterprise Resource Planning Assignment - Set 1 Q1. What is Enterprise Resource Planning (ERP)? What are the advantages of ERP? “Enterprise Resource Planning: An accounting oriented information system for identifying and planning the enterprise-wide resources to make‚ ship and account for customer orders.” Again in Internet encyclopedia‚ it has defined as: “An enterprise planning system is an integrated computer based application used to manage internal and external resources‚ including tangible
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and Human Resource management. Ans. Distinction between Personnel management & Human Resources management The history of Human Resources management traces its roots to the erstwhile Personnel management that was prevalent in the companies of a few decades ago. Though the two terms ‘Personnel Management’ and ‘Human Resources Management’ are interchangeably used by most of the authors‚ there are key differentiators that make Personnel Management (PM) different from Human Resources Management
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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
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Human Resources Management Assessment Approach January 2013 Paul Marsden‚ Liverpool Associates in Tropical Health (LATH) Margaret Caffrey‚ Liverpool Associates in Tropical Health (LATH) Jim McCaffery‚ Training Resources Group‚ Inc. (TRG) Human Resources Management Assessment Approach Human Resources Management Assessment Approach TABLE OF CONTENTS Introduction 1 Background 1 Purpose 2 Applying the Assessment Approach 3 Users 3 Time frame 3 Methodologies
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HRD Interview Human Resource for large corporations can be very complex on how the company implements the resources‚ tools and strategies available. The proper use and effectiveness of their HR department can put the company on a path towards greatness. By offering their employees training and rewards with the assistance of keeping current on laws‚ it provides effective results for the company. For large corporations‚ they are using the ideas and guidance of their Human Resource department to help
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Institute of Business Management Chennai - 020 FIRST SEMESTER EMBA/ MBA Subject : Human Resources Management Attend any 4 questions. Each question carries 25 marks (Each answer should be of minimum 2 pages / of 300 words) 1. Explain the steps in Human Resource Planning. Human resource planning is a process through which the company anticipates future business and environmental forces. Human resources planning assess the manpoour requirement for future period of time. It attempts to provide
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Strategic planning is worthless-unless there is first a strategic vision. 2. Why is it important to analyse the strategic direction‚ objectives and targets of an organisation to determine human resources? The objectives and targets are the code of human resource‚ even for a company that are the same. 3. What are some of the strategic objective and targets of human resources that you have to consider within an organisation? Research planning requirements. Develop human resources strategic
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Introduction Human resource management (HRM) is one of the important factors that are critical to organisation success. Without it‚ there can be no clear vision‚ and opportunity will be squandered. Without it‚ resources will be wasted‚ and a workforce’s full potential will remain woefully untapped. Acquiring the right talent is the key to building a company’s leadership pool. Therefore‚ this paper looks at the relevance of Human Resource Department in large organisations. The paper starts by defining
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Human Resource Management 04/26/2014 Human Resources Human resource management (HRM) entails the effective utilization of human resources within an organization by managing people or employee-related activities. HRM is a comprehensive and strategic approach for managing employees and the work place environment and culture. The human resource department plans‚ directs‚ and coordinates the administrative undertakings
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because First Bank & Trust Company’s profit was based on personal and real estate loans‚ and Northeastern Bank & Trust Company was less developed on this part. Q2: Are there human resource issues other than those listed by the Human Resource Steering Committee that emerge when two companies merge? Except the listed human resource issues‚ there are some issues the two banks may face. 1. Salary system: it needs to be redesigned‚ because the salary system of two companies may have differences. 2.
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