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Exam (elaborations)

HRM3701 Assignment 1 (Detailed Answers) Semester 2 - Due 26 August 2024

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HRM3701 Assignment 1 (Detailed Answers) Semester 2 - Due 26 August 2024

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HRM3701
ASSIGNMENT 1 (SEMESTER 2)

DUE DATE: 26 August 2024




Written Assignment Submission Guidelines:
Please ensure that your assignment is submitted electronically through the myUnisa platform no
later than August 2024. Kindly note that fax or email submissions will not be accepted.


NB: Assignment submitted to the lecturer(s) through email will not be considered.


TASK ONE [45]

1. Describe the nature of work done at NOVA Economics? (2)

ANSWER:

NOVA Economics is a specialist economic and development consulting firm. The work at NOVA
Economics involves providing clients with expert analysis and advice on complex economic and
policy issues, including international trade, public policy and regulation, competition economics,
and climate change. The work is highly technical and requires extensive data analysis, often
drawing on the expertise of economists, financial analysts, and computer scientists.




2. Identify problems encountered by NOVA Economics since the pandemic enforced a total, five-
days-a-week homeworking. (3)

ANSWER:

i. Loss of Social Interaction: The absence of in-office interactions led to a decrease in the
informal, spontaneous communication that naturally occurs when employees are physically
present together.

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