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what is required for the effective management of human resources in a firm to gain a competitive advantage in the marketplace?
timely and accurate information on current ee and potential ee in the labor market
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In what ways does operations management can influence competitive strategy?
By being highly effective while maintaining efficiency. Operation management keep the priority in check.
Advantages and disadvantages of scientific management?
The advantage of scientific management is that it is effective and efficient. The disadvantage is that it is costly to train the personnel and install some systems.
What element should marketing managers consider when scanning the competitive environment?
Marketing managers should consider factors such as the number of competitors in the industry, their market share, product offerings, pricing strategies, and overall competitive positioning. Understanding these elements can help the marketing team identify threats and opportunities in the market and develop effective strategies to gain a competitive advantage.
Which is more likely to decentralize staff functions dedicating them to each business or product organization?
An effective organizational structure can create a competitive advantage by
How human resource management can be instrumental in helping a company to create competitive advantage?
If we want to proof human resource as an instrument for gaining competitive advantages in a company we should focus on two things, one is competitive advantage and another is human resource management process. We know if any side of a company is more efficient than other companies in between a same industry is called competitive advantage. Competitive advantage is something that means, to achieve the goals how my internal resources support me. Competitive advantage is related to internal resources of an organization. On the other side we know human resource is the most important and most effective resource for any organization. Human resource is something that has no alternative for achieving the organizational goals. By using this tool one organization can gain it's goals The preconditions for achieving competitive advantage are many but low cost and high productivity are the most important for gaining competitive advantages. If a company has a efficient work force or human resource that is technologically advanced and flexible it's may be possible for that company to gain more competitive advantages into the respective industry. By formulating and executing the work force of a company it can achieve its goals and it can also increase its productivity. More productive the company more advantages in the market. Productive company can fulfill the demand of a market. BY: CHARITY YATTS
Role of HR department in growing organization?
Human resource management is the strategic approach to the effective management of people in a company such that they help their business gain a competitive advantage. There are many institute available that provides HR Management Course but Hughes Global Management is one of the best institutes. Interested candidate can visit the website for more information and registration.Visit website - wwwdothugheseducationdotcom
What is the most effective 9 men's morris strategy for gaining a competitive advantage in the game?
One effective strategy in 9 men's morris is to focus on creating "mills" by aligning three pieces in a row. This allows you to remove one of your opponent's pieces. By strategically placing your pieces to create multiple mills, you can gain a competitive advantage by limiting your opponent's options and increasing your chances of winning.
What is the most effective nine men's morris strategy for gaining a competitive advantage in the game?
One effective strategy in nine men's morris is to focus on creating "mills" - lines of three pieces in a row. This allows you to remove one of your opponent's pieces each time you form a mill. By strategically placing your pieces to create and maintain mills, you can gain a competitive advantage in the game.
How does effective logistics management contribute to cost savings for a company?
Effective logistics management optimizes transportation, warehousing, and distribution processes, reducing inefficiencies and minimizing operational costs. It streamlines supply chain operations, enhances resource allocation, and ensures timely deliveries, reducing stock-holding expenses and transportation overheads. This results in improved cost-effectiveness and competitive advantage. As an example, Cargo365Cloud, a leading Logistics Management provider in India, offers comprehensive solutions that leverage technology and expertise to drive cost savings through efficient supply chain management.
What is the most effective reversi strategy for gaining a competitive advantage in the game?
One of the most effective strategies in Reversi for gaining a competitive advantage is to focus on controlling the corners and edges of the board. By securing these key positions early in the game, you can limit your opponent's options and increase your own chances of controlling more of the board. Additionally, prioritizing mobility and flexibility in your moves can help you adapt to changing game situations and outmaneuver your opponent.
What has the author James J Cribbin written?
James J. Cribbin has written: 'Effective managerial leadership' -- subject(s): Leadership, Management, Gestion 'Leadership, your competitive edge' -- subject(s): Leadership, Management, Organizational behavior
When a firm undertakes corporate social initiatives it is?
A firm is making donations that are directly related to its corporate competency when it undertakes corporate social initiatives. An effective competency model can result in competitive advantage.
