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Problem:

Investigate the degree to which human resources are related to the other factors (project management, product design, process strategy, location decisions, layout decisions, etc.).

  • Identify inefficiencies in the way that human resources are utilized in a business at which you have worked in the past or with which you are familiar.
  • Describe ways in which the inefficiencies that you have identified could be reduced or eliminated.
  • Define what changes would be required to job designs in order to implement your suggested strategies for eliminating the inefficiencies.
  • Identify how the way people are measured might need to be adjusted as a result of your suggestions.
  • Explain whether additional compensation might need to be offered as a result of your plan to change job designs and work measurements. Support your rational with examples. Support your responses with examples.

Additional Information:

The human resources is one of the most significant assets of company and effective utilization of resource aids a company to meet its strategic goals by improving performance and productivity of human resource. With increasing competition, the companies are viewing effective utilization of human resources as an significant differentiating factor to aaid a company succeed.

Total Word Limit: 1029 Words

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  • Category:- Basic Finance
  • Reference No.:- M91398358
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