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What are the internal and external factors affecting the human resource functions of an organisation?
Internal Factors:Capital IntensiveLabour IntensiveSkills RequirementContracting and ExpandingExternal Factors:Supply of LabourLabour CostsLabour Market CompetitionGovernment PolicyChanging nature of workforce skills
What are the external and internal environmental factors that affect the human resource management function?
The internal environment refers to the state of affairs inside the business. When competitor are hiring at the same time, that can affect the talent that is recruited into the organization.
What return can a company expect from its enterprise resource planning investment?
The return a company can expect from its enterprise resource planning (ERP) investment are impact and productivity. ERP is a internal and external system that integrates management of information across an organization.
What are the risk external and internal factors?
Risk factors can be categorized into external and internal types. External factors include environmental influences such as economic conditions, regulatory changes, competition, and market trends, which can impact an organization from outside. Internal factors are related to the organization's operations, such as management practices, employee performance, organizational culture, and resource allocation. Both types of factors can significantly affect an entity's risk profile and overall performance.
What are the external and internal factors affecting the Human Resource Planning?
external factors affecting Human Resource Planning - government legislation -job mobility factors -population shifts -economic cycles and condition -geographical concerns -educational levels of workers -technological changes -changes in social views -political changes -international events
What is the importance of human resource?
human resource is essencial esset for orzanization.
Why is soil considered a nonerenewable resource?
Why is soil considered a nonrenewable resource
What are the impact of external costs and external benefits on resource allocation?
The impact of external costs and external benefits on resource allocation that business needs can be done quiet easily with perfection as distribution of resources has been done with costs and benefits effective point.
What is the importance of nonrenewable resource?
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What is resource based strategy?
Resource-based strategy focuses on leveraging a company's unique resources and capabilities to gain a competitive advantage in the market. It emphasizes the importance of internal assets, such as human capital, technology, and brand reputation, rather than merely reacting to external market forces. By developing and optimizing these resources, organizations can create value and differentiate themselves from competitors. This approach aligns with the resource-based view (RBV) of strategy, which posits that sustainable competitive advantage arises from the distinctive resources that a firm possesses.
Why are people considered a resource?
Because they are a resource.
Internal and external environment of BMW?
under the section 'The resource based view of the firm', we discuss of the notion of strategic asset. In the case of BMW cars, do some research and discuss of the strategic assets of BMW company.
