1. Why is internal alignment an important policy in a strategic perspective of compensation? Internal alignment refers to the pay relationships among jobs/skills/competencies within a single organization‚ and it affects employees‚ managers and employers. The relationships form a pay structure that should support the organization strategy‚ support the work flow‚ and motivate behavior toward organization objective. The potential consequences of internal pay structures are vital to organizations and
Premium Employment Factor analysis Wage
provinces of China shares the closest economic ties with South Korea? Answers Liaoning Jilin Heilongjiang Guangdong Hainan If a company were to focus on market planning that involved specific actions and allocation of resources‚ the company would be using _____ planning. Answers tactical strategic corporate operational synergistic The primary multinational trade group in Asia is _____. Answers NAFTA COMESA CEFTA SADC
Premium World Trade Organization Free trade area International trade
Bsc(Hons) QUANTITY SURVEYING & CONSTRUCTION MANAGEMENT. INTEGRATED PROJECT Sanjith.S 13/S/SL/Bsc/60 St id23045376 Acknowledgement I have taken great pain to complete this assignment and I cannot forget all those who were a part of this by guiding me for which I am deeply grateful. First I would like to recognize and thank Mr. Ravihansa Chandratilake. His guidance and advice to our batch throughout the subject was remarkable. The knowledge
Premium Cost Costs Soil
Czech Republic Balance of Payments Current accounts deficits reached 3.8% of Gross Domestic Products. This is due in part to goods and surplus decline from year to year. The income deficits where influenced by a drop in income and expenditures stagnation. The net income surplus is a result of the European budget increase that happens yearly. The inflow of funds on the financial account is due to purchases of cooperate and government bonds by foreign investors. There was a recovery in the flow
Premium Czech Republic European Union Foreign direct investment
The Capability of Sympathy Imagine a woman desperately scrounging for crumbs in the cupboards of her kitchen. Her face sunken with grief as she looks for anything that might quell the pleas of her starving son. Her search turns up empty-handed‚ and she is then forced to either let her child go hungry or find another means of obtaining food. Many scenarios like this can be found in Gerry Smith’s “How a Government Computer Glitch Forced Thousands of Families to go Hungry. It is an article about a
Premium Computer
COMPANY’S VERIFICATION STATEMENT I hereby declared that (NOR ATIQAH BT ABDUL KHALID‚ 0911914)‚ student of department (MATERIAL)‚ International Islamic University Malaysia (IIUM) has successfully completed his/her Engineering Industrial Training from 14th April 2008 till 30th June 2008 at (MARDI). This report is prepared by the above mentioned student as a partial fulfillment of this training. All information given in this report is true and does not contain any confidential information or classified
Premium Food Food processing Food industry
Resource-Based View IO vs. RBV Business Level Strategy How do we compete in a specific business arena? Four objectives of business-level strategy Generate sustainable competitive advantages Develop and nurture (potentially) valuable capabilities Respond to environmental changes Approval of functional level strategies Business-Level Strategy The primary objective of business-level strategy is to create “sources of sustainable competitive advantage”. What is sustainable competitive advantage
Premium Firm Competence New product development
Human Resource Planning ^ Brian J. Smith‚ John W. Boroski‚ and George E. Davis - INTRODUCTION Human Resource (HR) planning is the formal process of linking business strategy with human resource practices. Approaches to human resource planning can be arrayed along a continuum ranging from an "add-on" to business strategy to a separate planning process (Figure 1). At one end of the continuum‚ HR planning is little more than a postscript to a business planning process. After engaging in an extensive
Premium Management Strategic management Human resources
definitions applied to Human Resource Development (HRD). To demonstrate your understanding of HRD‚ use an essay format to critically discuss the following definition: HRD is a combination of structured and unstructured learning and performance based activities which develop individual and organisational competency‚ capability and capacity to cope with and successfully manage change. Introduction The field of Human Resource Development (HRD) is embroiled
Premium Human resource management Human resources Management
the emergence of a growing body of work collectively labelled the resource and capability-based view of the firm (RBV). In reality‚ Resource Competence View (RCV) first adopted an “economic” orientation. Pioneer studies (Wernerfelt‚ 1984) ‚ Barney‚ 1986‚ 1991‚ Dierickx and Cool‚ 1989‚ Peteraf‚ 1993) focused on the type of resources and competencies that could offer to its owner a sustainable competitive advantage. Therefore‚ resources and competencies approach first appeared as a theory of competitive
Premium Strategic management Management