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explain how a firm's human resources influence its performance

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16y ago

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How is a forecast of human resources demand related to a firms organizational planning?

they both have humans in them, but in my personal opinion you should do your homework instead of using the computer.


What is the most prevalent type of organizational structure for medium-sized and large firms?

Line and staff.


How a firms human resources influence performance?

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.


Why is an assessment of the internal resources and capabilities of a firm important?

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.


Why do some firms obtain grater value from their information system than otherswhat role do complementary asset and organizational and management capital play?

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.

Related Questions

What is need for Management?

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.


How do you compare the organizational strucure and culture of two firms?

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.


How is a forecast of human resources demand related to a firms organizational planning?

they both have humans in them, but in my personal opinion you should do your homework instead of using the computer.


How is a forecast of human resources demands related to a firms organizational planning?

they both have humans in them, but in my personal opinion you should do your homework instead of using the computer.


How the firms environmental performance is monitored?

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.


What competitive environmental forces influence the firms strategy?

The competitive environmental forces influence the firms customers, rival firms, new entrants, substitutes, and supplies.


Which firms provide human resources recruiting?

There are many different firms that provide human resources recruiting. Included in these firms is Randstad USA, Hanold Associates, and The Christopher Group.


What List 3 types of consulting firms using team member skills?

Management Consulting Firms leverage team members with skills in strategic analysis, project management, and organizational behavior to help organizations improve their performance and efficiency. IT Consulting Firms utilize team members with expertise in software development, systems integration, and cybersecurity to assist businesses in implementing and optimizing technology solutions. Human Resources Consulting Firms draw on team members with skills in talent management, compensation analysis, and employee development to support organizations in improving their workforce strategies and enhancing employee engagement.


Why ratios is calculated?

To see the Firms Financial position Firms Performance Trend analysis


What is meant by resource immobility?

the inability of competing firms to obtain resources from other firms


How do the firms resources and capabilities help to establish and sustained competitive advantage?

Firms can establish and sustain a competitive advantage by leveraging their unique resources and capabilities, which include tangible assets, intangible assets, and organizational processes. These resources, such as skilled personnel, proprietary technology, and strong brand reputation, enable firms to differentiate themselves from competitors and deliver superior value to customers. When effectively combined and utilized, these resources can lead to increased efficiency, innovation, and customer loyalty, creating barriers for competitors to replicate. Ultimately, the continuous development and adaptation of these resources and capabilities are essential for maintaining a competitive edge in a dynamic market environment.


What is the relationship between the number of firms and influence over price?

The relationship between the number of firms in a market and their influence over price is inversely proportional. In perfectly competitive markets, a larger number of firms leads to greater competition, which typically drives prices down as firms cannot set prices above market equilibrium. Conversely, in markets with fewer firms or monopolies, firms have more power to influence or set prices, often leading to higher prices for consumers. Thus, as the number of firms increases, their individual influence over pricing diminishes.