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If human resources is scarce within the company, they have the option to hire people or contractor.

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Why is it important for a company to make its human resources into a competitive advantage and how can HR contribute to doing so?

It is important for a company to make its human resources into a competitive advantage because if your company has good human resources, you are able to to receive more and more customers. (more customers more revenue ) !!!! It will also make your company more likable.


How do you write human resource planning?

Now a days the human beings are very very important resources for the companies, how the finances, assets, raw material etc. how they are important in the same way even more than that the human beings are important, the human beings are considered as the important resources of the company, the HRP, human resources planning, depends upon the human resources manager, he should correclty plan for the human resources, how many employees must required by the company, and what is their tenure, if the employees leaves the company before his tenure,than what should he do? how many seniors he require to run the company? how many trained employees require? how many freshers required? all these things should be viewed by the human resources manager, than only he can make a perfect HRP. Even he should assess what is the capacity of the company, HRP depends on all these things.


What are the classifications of company resources?

Company resources can be classified into three main categories: tangible, intangible, and human resources. Tangible resources include physical assets like machinery, buildings, and inventory. Intangible resources encompass non-physical assets such as brand reputation, patents, and intellectual property. Human resources refer to the skills, knowledge, and expertise of employees that contribute to the company's operations and success.


School subjects needed to become a human resources manager?

To become a human resource manager, you need a bachelor's degree. You need to take the school subjects to earn a bachelor's degree that can include English, human resources, and business administration.


How the human resources assistance plan and aids you have been working on your final project fit into company's strategic plan?

how the human resources assistance plan and aids you have been working on for your final project fit into the company's strategic plan

Related Questions

Which activity does economics primarily study?

The problem of scarce resources relative to human wants


What is the evidence that resources are scarce?

There are four economic resources: Land, Labor, Capital and Entrepreneurship. These resources are scarce relative to human wants. They are never available in sufficient quantity to produce goods and services to satisfy all human wants. Thus, because when humans desire something or something more, the resources are slowly used up.Therefore, this leads to scarce resources. I took this from my Economics notes.


Why must a company have financial resources before it can use human and physical resources?

Because if a company doesn't have financial resources, it can;t pay for any human or physical resources.


What happenes when human resources are scarce?

Human resources refers to the employees of an organization. Without enough workers, many of the functions of a business can't be completed, and profits may decrease significantly.


How lucrative a career can a Human Resources Degree provide?

National salary data shows human resources managers' salaries ranging from about $38,000 to $90,000. So it really depends on what kind of company you become involved with and for how long.


What happens when resources are scarce?

Human resources refers to the employees of an organization. Without enough workers, many of the functions of a business can't be completed, and profits may decrease significantly.


Why is it important for a company to make its human resources into a competitive advantage and how can HR contribute to doing so?

It is important for a company to make its human resources into a competitive advantage because if your company has good human resources, you are able to to receive more and more customers. (more customers more revenue ) !!!! It will also make your company more likable.


What is meant by the term gevity hr?

Gevity is a company that helps all different kinds of company with their human resource team and hr stands for human resources. The term means the companies human resources team.


Define organizational resources?

Organizational resources are the company assets that the company use for their operations. Organizational resources of an organization are, human resource, finance, capital etc.


What happened when human resources are scare?

When human resources are scarce, organizations may struggle to manage employee needs effectively, leading to decreased morale and productivity. Recruitment efforts can become strained, resulting in higher workloads for existing staff and potential burnout. Additionally, limited HR resources can hinder talent development and retention strategies, ultimately affecting the organization's growth and stability. In such situations, companies may need to prioritize automation and efficient processes to compensate for the lack of human resources.


What is difference between physical and human resources?

Physical resources are things like money, office spaces, desks, pens, paper, etc used at a company. Human resources are employees IE the people working at a company.


Will the Earth run out of minerals?

Geologically speaking, no. But in human terms, some previously abundant minerals could become scarce.

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