1. Reading for this Lecture Porter M. (1990)‚ The Competitive Advantage of Nations‚ Chapters 3&4 2. Why Location Matters The ways that firms create and sustain competitive advantage in global industries provides the necessary foundation for understanding the role of the home nation in the process. There are five premises we must understand relating to national advantage: 1) The nature of competition and the sources of competitive advantage differ widely among industries and industry segments
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This report throws light on the various aspects of a complete recruitment process. It also covers all the various tools like interviews and psychometric tests of how to assess a candidate in terms of competencies and job requirements. It stresses on the facts of end to end recruitment thus covering all the objectives‚ factors affecting recruitment and also on the procedure in a step by step process. INTRODUCTION Recruitment: “The process of searching for prospective employees and stimulating
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Porter generic strategies Michael Porter described three types of strategy to achieve/maintain competitive advantage in his 1980 work Competitive strategy: techniques for analysing industries and competitors. (CS:TAIC) These generic strategies are based on two dimensions: market scope + core competency with two competencies being the most important: product differentiation/product cost. [pic] Porter (1980) stressed that failure to adopt single strategy of differentiation or low cost results in
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Prepared by: John P. Mosha‚ 15th November 2005 Introduction In this paper‚ discussion will be based on the whole issue of Recruitment and Selection. Our Organization of reference is The Population Services International‚ PSI Tanzania. Matters to be discussed are • The manpower planning procedure • Recruitment • Selection • Induction Background to the organization: Population Services International is a non-Governmental‚ non-profit organization
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A Porter’s Five Forces Analysis explores five principal industry factors to determine the attractive of a given industry in a given market. In this P5F exercise‚ we look at the automobile industry in India. This is independent of any manufacturer. As such‚ it applies to every Indian car manufacturer. In any P5F analysis‚ one must examine the following: 1. The threat of new entrants 2. The bargaining power of buyers/customers 3. The threat of substitute products 4. The amount of bargaining
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MANAGING RECRUITMENT UNDERSTAND HUMAN RESOURCE PLANNING IN AN ORGANISATION “If you fail to plan‚ you plan to fail”…..Winston Churchill The Chartered Institute of Personnel and Development” have defined human resource planning as… “a core process of human resource management that is shaped by the organisational strategy and ensures the right number of people with the right skills‚ in the right place at the right time to deliver short and long term organisational objectives ….without a workforce
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Recruitment and Retention: A Major Challenge for the Healthcare Industry Tiffany McFatter HCA 459: Senior Project Instructor Theresa Reboli March 31‚ 2011 Outline I. Introduction II. Nursing a. Employment statistics b. Recruitment strategies c. Retention recommendations III. Family/General practice physicians a. Reason for the shortage b. Importance of raising the numbers IV. Hospitalist a. Growing trend b. Outcomes
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1.0 Introduction In a dynamic business environment‚ companies enter industries whenever they see growth or profit potential or exit when they see a decline. As such‚ companies have to consistently practice an internal and external check or analysis on the company to see where they stand in the industry they operate in. The Boston-Consulting Group’s Growth model‚ among all other models provides one of the best guides to analyzing a company’s marketing performance and its potentials.
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international business management module Teacher : Ian Norman student Name : Mokbul Hossain Student Id : 000762547 Question: As a management consultant advising a country of your choice‚ explain how u can use Porter ’s Diamond model to evaluate and improve the nation ’s competitive position. Introduction Business world is getting complicated day by day .Companies want to do business like participating in the competition for profit or market share. We are now at globalisation era
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Proper recruitment and selection is very important to the future of any organisation. It determines whether or not a company is profitable or through the proper management of its Human Capital. The following discussion will explain some of the methodologies which are very useful in the recruitment and selection process to ensure that an organisation optimizes all avenues available for growth and profitability. Recruitment and selection processes are usually quoted together. However; they are two
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