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Identify the vertical and horizontal integration of different human resources activities in the organization?
Horizontal intergration is found in the way all HR activities feed into each other and support each other. Such activities as Recruitment & Selection, Perfomance Management, Reward Management must be tailored is such a way that each feeds into and is in turn supported by the other.
Vertical integration on the other hand refers to the way these HR activities should dovetail and support the overall organisational activities. In other words HR activities must also dovetail and move in the same direction with the organisations mission and vision
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What are the different activities in business organizations?
The type of activities in business organizations varies widely by the organization. Typical activities include bring the merchandise to the point of sale and stocking it, selling it to the customer, and follow-up on the sale.
Difference between school organization and business organization?
school organization and business organization is same and different?
Why do organization perform differently?
Organizations exists for a defined purpose and this purpose defines objectives of an organization. Objectives differ from organization to organization that why every organization perform differently than other with different objectives.
What is organization structutre what are the financial goals of an organisation.?
Organization structure draws and displays how organization operates and performs its functions through allocation of responsibilities for different functions and processes to different entities. It is the organization structure that defines the reporting and decision making hierarchy of an organization and how project management operates within it. An organization can be structured in many different ways and styles, depending on their types, objectives and functions. Organization structure can be functional style, divisional (multidivisional) style, project team style, or matrix style. A financial goal of any organization is profitability which means how much returns an organization gain on its investments.
Why the concept organization difficult to define?
The concept of organization is difficult to define because it means many different things. An organization can be a one person operation or it can be a company that has thousands of employees.
Discuss the best practices of vertical and horizontal integration in the organization?
The best practice of horizontal integration is when a company acquires the other company in the same business and on the same production level to form a monopoly. Vertical integration is where a company starts to produce different products that are related to each other under one ownership, .e.g. a restaurant having its own fish farm.
What Horizontal integration differs from vertical integration in that it?
combines different businesses involved in all phases of a product’s development
What is horizontal and vertical integration?
Horizontal Integration : When a company decides to expand horizontally i.e within its current line of business then it is called horizontal integration. For eg. pepsi when it got into snacks it can be called a horizontal integration.Vertical integration: When a firm covers all activity of supply chain then it can be called as vertically integrated. Eg. if a paper manufacturing industry goes into plantation of woods and other activities involved with production raw material (wood) it can be called a vertical integration.
What is horizontal it project integration?
Horizontal IT project integration refers to the alignment and coordination of various IT projects across different departments or business units within an organization. This approach ensures that systems, processes, and data are interoperable, facilitating seamless communication and collaboration. By integrating projects horizontally, organizations can optimize resource allocation, reduce redundancies, and improve overall efficiency, leading to better strategic outcomes. It contrasts with vertical integration, which focuses on integrating different levels within a single department or function.
Is a joint venture part of horizontal integration?
No, a joint venture is not necessarily part of horizontal integration. Horizontal integration occurs when a company acquires or merges with competitors in the same industry to increase market share and reduce competition. A joint venture, on the other hand, involves two or more companies collaborating on a specific project or business activity while remaining independent, which can occur across different stages of the supply chain or in different markets.
Different between horizontal and vertical integration?
Vertical - Expansion of a business by buying out suppliers of commodities (required to create your product)Horizontal - Expansion of a business by buying out competition (who create a similar product)
What is a horizontal integration monopoly?
A company that tries to control the competition in a single step of the production process. :>
Who practiced horizontal integration?
John D. Rockefeller in the late 19th century is a prominent example of a business leader who practiced horizontal integration. Through his company Standard Oil, he acquired numerous competitors in the oil industry to control a large portion of the market horizontally across different segments of the industry.
Is outsourcing and horizontal integration the same?
No, outsourcing and horizontal integration are not the same. Outsourcing involves contracting external firms to handle specific business functions or services, allowing companies to focus on their core operations. In contrast, horizontal integration refers to a strategy where a company acquires or merges with other companies at the same level of the supply chain to increase market share and reduce competition. While both strategies aim to enhance efficiency and competitiveness, they operate through different mechanisms.
How was Andrew Carnegie's vertical integration different from other industrialists' horizontal integration?
theprocess is which several steps in the production an/or distribution of a product or service are controled by a single company , in order to increase taht company's power in the marketplace. khezzar djamila.
What is the meaning of the word coordination?
Coordination refers to the organization and integration of different elements or activities to work together effectively towards a common goal. It involves ensuring that various parts are in sync and functioning smoothly to achieve desired outcomes.
What were Cartels monopolies trusts as well as horizontal and vertical integration all share the goal of?
Cartels, monopolies, trusts, and both horizontal and vertical integration share the goal of increasing market control and maximizing profits. By reducing competition, these entities aim to manipulate prices, limit consumer choices, and enhance their market power. While cartels and trusts involve collaboration among companies, horizontal integration consolidates firms at the same level of production, and vertical integration consolidates different stages of production within a single entity. Ultimately, they seek to create a more favorable business environment for themselves at the expense of competition and consumer welfare.
