Summary 03 2 Resource Demands 04 2.1 Financial Resources 2.2 Human Resources 04 2.3 Physical Resources 05 2.3.1 Location 05 2.3.2 Technological Resources 05 2.3.3 Marketing 06 2.3.4 Infrastructure Resources 06 2.4 Intangible Resources 06 2.4.1 Brand 07 2.4.2 Reputation 07 2.4.3 Goodwill 07 2.4.4 Organizational Values 07 2.5 Value Chain Analysis 07 3 Resource Availability 09
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Natural resources are useful materials or substances that exist in the environment like land‚ water‚ sun‚ trees‚ oil‚ minerals‚ etc. Natural resources are generally classified as renewable resources and non-renewable resources. Resource depletion means exhaustion of natural resources in a certain region. When the rate of consumption of these resources exceeds the rate at which they are restored‚ depletion of resources occurs. The utilization of natural resources has increased considerably due to
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as human resource. During last thirty years‚ there are five major global recessions‚ what considered more beneficial to the survived companies is‚ to focus on their Human Resources. There are many Human resources practices. Efficiency and cost control‚ communication and information disclosure‚ fairness and trust‚ human resource development‚ managing working time are the most effective in helping to manage the recession. In following essay‚ we will discuss the importance of Human resources management
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3.0 Resources and capabilities This paragraph begins by laying out the theoretical dimensions: Resources and capabilities Definition of resources In order to get a deeper understanding of the concept resources‚ a definition can shed some light on this matter. While a variety of definitions of the term resources have been suggested in the literature of resources‚ this paper introduces the definition first suggested by Teece et al. (1997) who determined resources as ‘firm – specific assets that
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HRMANAGEMENT CASE HUMAN RESOURCE MANAGEMENT Includes: human resource planning; recruitment‚ selection‚ and hiring of new employees; the orientation‚ training‚ and appraisal of current employees; and employee remuneration‚ motivation‚ and retention. You are to assume the newly-created position of Human Resource Director for a medium sized firm with over 600 employees. The firm has experienced significant expansion in the past few years; the human resource department and its functions
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RESOURCE & DEVELOPMENT Classification of Resources Basis of Classification Origin Exhaustibility Ownerhip Class Biotic Abiotic Renewable Non-renewable Individual Community National International Example Flora and fauna Minerals‚ Soil‚ Forest‚ Water‚ Wind Fossil Fuel‚ Metals Private land‚ orchard Village Pond‚ Park River‚ Mines‚ International Ocean Territory starts after 200 km of national boundary Stage of Development Potential resources are yet to Potential wind energy source in be exploited
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Human Resource Management 04/26/2014 Human Resources Human resource management (HRM) entails the effective utilization of human resources within an organization by managing people or employee-related activities. HRM is a comprehensive and strategic approach for managing employees and the work place environment and culture. The human resource department plans‚ directs‚ and coordinates the administrative undertakings
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effectiveness of our groups goes‚ so goes the quality of our lives." (Johnson and Johnson 2003: 579). Since I have studied in Exeter University‚ I have been taught to study in a group‚ which is totally different from my undergraduate course. In Human resource management class‚ we have been divided in three groups‚ there are seven people in my group.who are from China‚ Malaysia and Japan. Following Gibbs model of reflection(1988)‚ this essays will illustrate five steps‚ which are description‚ feelings
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Human resource management 1 Model of strategic Human resource management 3W 1H = Strategic Human resource management What -> aligning HR to strategic goals and objectives to improve business performance? Why -> providing organisations with sustainable competitive advantage Who -> HR taking role of the consultant to support and assist line managers in their operation? (People are assets to the company) How -> Developing HR programmes that enhances organisational performance through human
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Singapore‚ unlike many other larger countries‚ are lacking in natural resources. The main reason for Singapore’s growth and success today is largely due to good governance‚ encouraging the influx of foreign investments and development in various fields like engineering and manufacturing sectors. However‚ without the most important criteria to ensure economic success; the human population and workforce‚ Singapore would not have been able to achieve today’s standards as a first world country. Without
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