The business enviroment Study guides, Revision notes & Summaries

What are the four implicit HR objectives? 1. Improve productivty, 2. Imrpove quality of work life, 3. ensure legal compliance, 4. foster ethicaly behavior How does HR influence each of these HR objectives 1. productivity- hr can influence work organization and design, increase output with higher quality; 2. provide opportunities for employees; 3. hr must be familiar with laws and regulations that affect hiring and pay descions, promotion activities, health and safety regulations; 4. keep et...

BTMA 317 MIDTERMMichael Porter Strategy - correct answer A competitive strategy is a statement that identifies a business's approach to compete, its goals, and the plans and policies that will be required to carry out those goals - Porter The #1 Purpose of Strategy is - correct answer Alignment Industry Analysis - correct answer 1. Competitive Forces 2. Strategic Alignment 3. Type Of Strategies 4. Strategic Planning Strategic Alignment - correct answer Process and the result of li...

BUSI 3250 Exam 1 with Complete Solutions International Business Business that is carried out across national borders Foreign Business denotes the operations of a company outside its home or domestic market International Company A company with operations in multiple nations enviroment All of the forces influencing the life and development of the firm Uncontrollable forces external forces that management has no direct control over external forces consist of the following 1. co...

Human Resources Management WGU C232 Questions with 100% Correct Answers What are the four implicit HR objectives? - Answer- 1. Improve productivty, 2. Imrpove quality of work life, 3. ensure legal compliance, 4. foster ethicaly behavior How does HR influence each of these HR objectives - Answer- 1. productivity- hr can influence work organization and design, increase output with higher quality; 2. provide opportunities for employees; 3. hr must be familiar with laws and regulations that af...

AQA A level business 3.1 Questions and Answers 100% Pass What are the aims of business? x5 Survival Cash flow (liqudity) profit (where the total revenue>total costs) Growth Social and ethical objectives Define what a mission statement is? A qualitative statement of an organisation's overall mission or purpose Reasons for mission statement x2 To provide a clear goal , purpose and sense fo direction To communicate to stalkholders What are the goals available for a business to achieve? x4 Mi...

Enterprise Risk Management (ERM) - includes methods and processes used by organizations to manage risks and seize opportunities related to the achievement of objectives Risk Oversight - the board's supervision of the risk management framework and risk management process Risk Management - the responsibility(s) of a company's management team in relation to risk understanding an organization: step 1 - identifying the organization's objectives, stakeholder obligations, statutory duties, and...

What are the four implicit HR objectives? - ️️1. Improve productivty, 2. Imrpove quality of work life, 3. ensure legal compliance, 4. foster ethicaly behavior How does HR influence each of these HR objectives - ️️1. productivity- hr can influence work organization and design, increase output with higher quality; 2. provide opportunities for employees; 3. hr must be familiar with laws and regulations that affect hiring and pay descions, promotion activities, health and safety regulatio...

International Business : Business that is carried out across national borders Foreign Business : denotes the operations of a company outside its home or domestic market International Company : A company with operations in multiple nations enviroment : All of the forces influencing the life and development of the firm Uncontrollable forces : external forces that management has no direct control over external forces consist of the following 2 | P a g e : 1. competitive 2. distributiv...

WGU C232 Human Resources Management Exam With 100% Correct Answers 2023What are the four implicit HR objectives? - Correct Answer-1. Improve productivty, 2. Imrpove quality of work life, 3. ensure legal compliance, 4. foster ethicaly behavior How does HR influence each of these HR objectives - Correct Answer-1. productivity- hr can influence work organization and design, increase output with higher quality; 2. provide opportunities for employees; 3. hr must be familiar with laws and regulat...

International Business : Business that is carried out across national borders Foreign Business : denotes the operations of a company outside its home or domestic market International Company : A company with operations in multiple nations enviroment : All of the forces influencing the life and development of the firm Uncontrollable forces : external forces that management has no direct control over external forces consist of the following : 1. competitive 2 | P a g e 2. distributiv...