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Human Resources

Human Resources (HR) is responsible for the implementation of policies and strategies relating to the management of people in an organization. Its key functions include recruitment and selection; employee recordkeeping; compensation and employee benefit management; and training and development.

2,946 Questions

Is advertisement a waste of resources?

Advertisements are efforts to communicate with the users of a product or service. According to the Advertising Association of the UK, advertisements are messages that are paid for by those who send them and intended to inform or influence people who receive them.

Description: Advertising is everywhere, even if people aren't aware of it. Advertising nowadays uses a variety of media to spread its message. It does so through television, print media (newspapers, magazines, journals, etc. ), radio, press, internet, direct sales, hoardings, mailers, contests, sponsorships, posters, clothes, events, colours, sounds, visuals, and even people (endorsements).

The typical advertising industry consists of agencies that create advertisements, media that carries the ads, and a number of people like copy editors, visualizers, brand managers, researchers, creative heads, and designers who take it all the way to the consumer. A company hires an advertising agency when it needs to advertise itself and/or its products. The company provides the agency with information about the brand, its imagery, the ideals and values behind it, the target segments, etc. Based on the concepts and ideas, agencies create visuals, text, layouts, and themes to communicate with users. Ads are aired in accordance with bookings made by the agency's media buying unit, following approval from the client.

Does Gatorade makes people fat?

It depends. If you drink a bottle of Gatorade and it's over your calorie maintenance level, then yes, over time, it can make you fat. But if you include it with your calories, it's perfectly fine, but you may want to limit it for only certain occasions since it's very high in sugar and carbohydrates.

How do you get a good paying job over age 60?

A person can get a good paying job over the age of 60 if the person has needed skills. The person will need to fill out job applications in fields that he has experience in.

Why do economists consider human resources more important that natural resources in determining a countrys future?

Human resource contains immense importance and plays a fundamental role in the development of a country. skilled and trained human resource is necessary for proper utilization of natural resources. since human resource is an active ingredient while natural resource is passive in a way of development

What kind of jobs are there for designers?

not many jobs... a Designer is a bad job its for drug users and gays sorry get a new life path

What was Daniel A. Carp's stand on workplace diversity?

Carp was a strong and vocal advocate for diversity in the workplace.

What is payroll management system?

The administration of the financial record of employees' salaries, wages, bonuses, net pay, and deductions

An employer, regardless of the number of workers they employ, must maintain all records pertaining to payroll taxes (income tax withholding, Social Security and federal unemployment tax) for at least four years after the tax becomes due or is paid, whichever is later. Altogether, 20 different kinds of employment records must be kept just to satisfy federal requirements.

What is personnel management?

The two are a science of individual management in a given work place. Theories are put into practice every time when dealing with management.

Business language, like other languages, changes over time - with new fashions or developments. Human Resource Management is the latest name for personnel management.

it is the management of human of the organizations in a way that enhances value of the business.

What are the advantages and disadvantages of euro market?

Advantages: Eurodollar market has lower interest rates because of less regulation, also financing is cheaper for borrowers, as the market goes by interbank rates

Disadvantages: No lender of last resort like the Federal Reserve to save the market, extensive speculation makes the market prone to volatility, there is no insurance like the U.S. FDIC to protect assets

The whole is greater than the sum of its parts is the slogan of?

It's from Gestalt psychology which is based on the premise that the whole is greater than the sum of its parts.

To my knowledge it comes from the new science of systems, General Systems Theory and infers that one cannot know the whole through the traditional science of reductionism, taking it apart, studying the parts and putting them back together again, thinking then you know the whole. The reason for this is one can only understand the parts in interaction, or as they term it dynamic interaction, for there seems always an emergent quality or qualities that arise from this dynamic interaction of the parts, which could never have been predicted by the study of the parts in isolation. Part to part, part to the whole and the whole to each of its parts. We might say we know the whole, when we know a working whole.

Is there Wal-Mart's located outside of the United States?

Yes, there are some in Mexico.

In the UK you get Asda which is part of Wal-Mart.

What is turnover in an organization?

Total of all balances of a business in a given tax year, all credit received counts as turnover.

How Human resource management relates to management process?

Human resource management relates to the management process by placing employees with the certain qualifications into appropriate employment positions. This practice utilizes the abilities of each individual employee to perform well.

How can we prevent poverty?

There is no real true way to prevent poverty without loseing so much money it would put the us further into debt

What theory of managerial philosophy did Mary Parker Follett advance?

She emphasized that workers on the job were motivated by the same forces that influenced their duties and pleasures away from the job and that the manager's role was to coordinate and facilitate group efforts

What Is HR Software?

Human Resource Management System HRMS is today’s most comprehensive, fully customized and featured HR management solution for every type of businesses. We help you to improve effectiveness and efficiency of your work and make better decisions across all your key HR tasks.

What are the benefits of managed human relations?

Human relations in the workplace are a major part of what makes a business work. Employees must frequently work together on projects, communicate ideas and provide motivation to get things done. Without a stable and inviting workplace culture, difficult challenges can arise both in the logistics of managing employees and in the bottom line. Businesses with engaging workplaces and a well-trained workforce are more likely to retain and attract qualified employees, foster loyalty with customers and more quickly adapt to meet the needs of a changing marketplace.

What are 3 examples of corporate mergers?

The three main types of merger are horizontal mergers which increase market share, vertical mergers which exploit existing synergies and concentric mergers which expand the product offering.

Types of mergers and acquisitions

There are a number of different types of mergers and acquisitions. However, there are some which are the most common.

  1. Conglomerate merger

Conglomerate Merger

These types of mergers happen between companies that have completely unrelated sets of business activities. Usually, there are two kinds of conglomerate mergers – fixed and pure. Pure mergers happen between firms which have nothing in common while fixed mergers happen between firms which are looking to expand in a particular market or product.

A live example of this can be seen in the Walt Disney and American Broadcasting Company merger.

  1. Horizontal merger

Horizontal Merger

This merger happens between firms that are present in the same industry. It is a consolidation where the companies operate in the same space as competitors. These acquisition types are most common in markets where there is higher competition and it would make business sense to combine two companies and become a bigger force.

An example of this can be seen in the $81 billion acquisition of Mobil by the Exxon group.

  1. Vertical merger

Vertical Merger

These types of business takeovers happen between companies that provide different services or raw material for one finished product. You can see it as a merger between two firms that operate at different stages in one supply chain. The most common logic between these M&A is to better the synergies and cutting the cost down in the supply chain.

An example of this can be seen in IKEA’s acquisition of the Romanian Baltic Forests.

  1. Market extension mergers

Market extension mergers

This type of mergers happen between two firms which deal in one product but in completely different markets. The main objective behind this merger type as you must have guessed is to ensure that the merging companies get better access to a bigger market and in turn a much larger client base.

An example of this is the 2002 acquisition of Eagle Bancshares Inc by RBC Centura Inc. – a subsidiary of the Royal Bank of Canada.

  1. Product extension mergers

This type of mergers happen between firms, operating in the same market, which deal in products that are related to each other. This merger enables the companies to merge their product and get direct access to a large client base, thus increasing the probability of higher revenue.

An example of this merger type can be seen in the acquisition of Mobilink Telecom Inc by Broadcom.

  1. Congeneric mergers

Congeneric mergers

Also known as concentric merger is a twisted version of the horizontal merger. In these acquisition types, the two firms have separate service and product lines but they serve the same industry. This alignment between these companies creates a synergy where they become a bigger firm with combined abilities.

An example of this merger type can be seen in the acquisition of E*Trade by Morgan Stanley.

  1. Reverse takeover

SPAC-Merger

It is one of the lesser seen mergers in the business world. Here, a private company acquires a public firm to gain an upper hand when going public. This merger type prevents them from taking the costly IPO route. This can also happen when a public company acquires a private firm.

An example of reverse takeover can be seen in the acquisition of the US Airways by the America West.

  1. Acqui-hire

Acqui hiring

We are living in a period where big companies are making their mark with the help of their intellectual properties and talent. Acqui-hire is a merger type where a company acquires another firm purely to get control over their talent. This type is most commonly seen in the technology industry where there is usually a shortage of good developers.

One example of this can be seen in the acquisition of Drop.io by Facebook.

So here were the eight different types of merger and acquisition most active in the business world today. We hope you must have gotten an idea of which would be the best route for your business as you look to expand.

What is human resource and how this helps success of an organization?

Human Resource represents the employees or the workforce of an organization.

For any type of organization, especially for a service-oriented organization, the investment should center on the human resource. There should be plans not only on providing an incentive program to them but also in developing and upgrading their knowledge and skills. Without the manpower to bring the services to clients, the goals of the organization won't be realized.

Even with a machine-operated organization (such as an industrial plant operated by machines and computers), manpower is still needed not only to start the machine and computers running but to oversee the smooth flow of the business and/or troubleshoot technical problems that may arise.

What is functional level strategy?

Functional-level strategy according to the text - Organizational Theory, Design, and Change by Gareth R. Jones, is a plan of action to strengthen an organization's functional and organizational resources, as well as its coordination abilities, in order to create core competencies.