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When are resource and competencies valuable for a firm?

Resources are valuable for a firm because those are needed in order for production to occur. Competencies are necessary because a firm needs to be knowledgeable and competent in their business practices.


Managers and economists traditionally have seen human resource management as?

A necessary expense.


Is human resource management more than a fad Analyze your answer?

Yes, human resource management is more than a fad. In order for businesses to be successful management must understand how to manage their employees and human resources help them do that.


Why all functional managers need human resource management?

1.enables mangers to express their goals with specificity which increases workers comprehension of goals and provides necessary resources to promote successful accomplishment of goals.


Coastal Resource Management?

Reaction about Coastal Resource Management Coastal Resource Management


What are the barriers of strategic human resource management?

Barriers to strategic human resource planning include inconsistent behavior, failure to implement new plans, and trouble competing with opponents. Strategies by human resource management must be consistent and effective for successful implementation.


Why should a company pay a human resource more?

Compensation and benefits depend upon the competencies, skills and experience of a human resource.


What are the systems approaches in resource management?

What are the systems approaches in resource management


How HRM is related with the Management Process?

Human Resource Management (HRM) is an integral part of the Management Process. HRM will not only supply the necessary employees, but will also perform initial training and resolve issues as they develop.


What is involved in resource management?

The term resource management basically explains what is involved. There are a variety of things that require resource management such as Human Resource Management. This pertains to the management of resources such as staff, conduct, job descriptions and duties as well as a number of other things included in the management of various resources.


What is the nature and scop of Human resource management?

nature and scope of Human resource management?"


What are the AFMINS two guiding principles for resource management?

Planning resource identification and management