assets and to reduce its competitive liabilities. E) getting in the best strategic group and dominating it. 2. Corporate strategy options for diversified companies include A) broadening the company’s business scope by making new acquisitions in new industries. B) divesting weak-performing businesses and retrenching to a narrower base of business operations. C) restructuring the company’s business lineup with a combination of divestitures and new acquisitions
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HUMAN RESOURCES HUMAN RESOURCE PLANNING INTRODUCTION Human resource management (HRM) The strategic approach to an organization’s workers so that they help the business gain a competitive advantage. Human resource or workforce planning Analysing and forecasting the number of workers and their skills‚ which will be required by the organization to achieve its objectives. LABOUR MOBILITY Occupational mobility of labour Extent to which workers are willing and able to move to different
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People who are interested in the operations of the organizations are known as stakeholders e.g. shareholders‚ employees‚ customers‚ competitors etc. It a responsibility of the organization to fulfill their needs and interest if they want to run the business in its most effective manner. In addition‚ it is important for
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the symbolism appear between the two speakers: an inquiring traveler and the answering guide or leader who has already taken this road. Because of the prominent religious influence on many of Rossetti’s poems it is very likely the guide or leader in this poem is God himself encouraging the traveler’s progression on a “road” to heaven. The first stanza holds the first instance of an ongoing conversation between two speakers; a traveler asking various questions‚ and a guide answering them with a
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Falling Down (Literally) and Getting Back Up Junior said he “realized that hard work- the act of finishing‚ of completing‚ of accomplishing a task- is joyous”. I completely agree with junior’s statement. Some of the most hard work i’ve done in my life had been in cheer. I have never been naturally flexible or able to do tumbling; I had to put in work to get those skills‚ even work outside of practice. I can definitely say the hardest part of cheer is tumbling. Throwing your body in unnatural positions
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have you experienced in the workplace? Decision-making is one of the fundamental keys to the survival of an organization‚ more so now that economic boundaries between countries crumble‚ business becomes more complex‚ and the results of decisions often have global impact. Decisions are made constantly in business; it is the part and parcel of being effective in one ’s job. Innovation and improvement on a regular basis are required to maintain and improve the ability to make rational decisions‚ and
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Business 101 Module 1 Webcast 2 – Why Business Matters Business – An organization‚ which provides goods or services to satisfy customer‚ needs. Business Model – Indicates how a business generates revenue/profit. Reading 2 – Bovee and Thill ‘Looking ahead to your career’ Seeking Employment Opportunities and Information -Keep up-to-date with Business and Financial News -Networking – The process of making informal connections with business people. It can happen anywhere‚ sporting
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Doing Business in China Week I. White face = bad person Good and trusted person have red face Always answer yes when someone asks have you eaten (toujours attenuer ses propos : frequently‚ sometimes‚ usually..) Yes doesn’t mean yes Importance of the hierarchy Culture overview The cultural Bell Jar (ordonnée ‘’number of person’’ / abscice vers la gauche ‘’reserved’’ (chinese for example)‚ vers la droite ‘’emotional’’ (italians for example) When we speak about culture: we must
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prescribed readings‚ E-tutorial and revision notes. How to download and install the First Principles of Business Law E-tutorial software. There is an early piece of assessment in this course so you need to get “on-board” quickly. TO DO: You need to: • • • • • Read the unit outline and familiarise yourself with the resources available on FLECS-Blackboard; Read chapter 1 of First Principles of Business Law text book; Attend the seminar and/or listen to the iLecture or vodcast recording; Do the E-tutorial
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pressure on business to be more flexible and to deliver products and services to customers quickly. IT practices often inhibit these business goals. • IT is expected to deliver both cheap‚ reliable operations AND create new business value. These goals can get confused by both business and IT leaders and leadership can mix these up when evaluating IT or when doing IT planning and budgeting. • IT is a key player in delivering most business strategies these days. Too often‚ IT leaders see “getting to know
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