explain how a firm's human resources influence its performance
they both have humans in them, but in my personal opinion you should do your homework instead of using the computer.
Line and staff.
In no special order: Constructively - by encouraging staff, treating them fairly, making everyone feel their personal contribution matters no matter how modest, helping them to overcome problems at work,encouraging suggestions for better efficiency or technical improvements, and helping to ensure fair rewards for good performance. Destructively - by favouritism,neglect,allowing attitudessuch as "them and us", ignoring bullying, stamping out "whistle-blowing", ignoring contstructive suggestions that may help the company.
Assessing a firm's internal resources and capabilities is crucial as it helps identify strengths and weaknesses that can influence competitive advantage. This evaluation informs strategic decision-making, enabling firms to leverage their unique assets effectively and address areas needing improvement. Additionally, understanding internal capabilities aids in aligning resources with market opportunities, ultimately driving growth and sustainability.
Some firms derive greater value from their information systems due to their investment in complementary assets, such as advanced technology, skilled personnel, and efficient business processes. These assets enhance the effectiveness of the information systems and enable firms to leverage data for decision-making and competitive advantage. Additionally, strong organizational and management capital, including leadership, culture, and strategic alignment, ensures that information systems are integrated into business operations and aligned with organizational goals, maximizing their impact. Therefore, the synergy between information systems and complementary assets is crucial for achieving superior value.
Management is the process of choosing and coordinating all available organizational resources to accomplish the firms goals and objectives. Without appropriate management of these resources, companies can not survive.
You can compare the organizational structure and culture of two firms by examining the various management styles and promotional structure of the two different firms.
they both have humans in them, but in my personal opinion you should do your homework instead of using the computer.
they both have humans in them, but in my personal opinion you should do your homework instead of using the computer.
A firms environmental performance is monitored either internally or by the environmental protection agency. Sometimes outside firms are hired to keep track of performance and report to the EPA.
The competitive environmental forces influence the firms customers, rival firms, new entrants, substitutes, and supplies.
There are many different firms that provide human resources recruiting. Included in these firms is Randstad USA, Hanold Associates, and The Christopher Group.
To see the Firms Financial position Firms Performance Trend analysis
the inability of competing firms to obtain resources from other firms
A firms resources identifies its capabilities. Resources are the productive assets owned by the firm and capabilities speak to what the firm can do with those resources. Why the firm needs them? Without resources the the firms capabilities are limited.
Line and staff.
Firm-specific factors refer to unique characteristics or resources of a particular company that influence its performance and competitive advantage. These can include elements such as organizational culture, management style, proprietary technology, brand reputation, and employee skills. Unlike industry-wide factors that affect all firms within a sector, firm-specific factors are tailored to the individual company and can significantly impact its strategic decisions and operational efficiency. Understanding these factors helps businesses leverage their strengths and address weaknesses in a competitive landscape.