Answer the following problems.

problem 1) prepare down main trends in business environment and describe how these trends have influenced HRM practices.

problem 2) prepare down are the most significant demographic, societal, and workforce trends affecting HRM today?

problem 3) Why is it significant for HR manager to be strategic business partner? What other roles are HR managers expected to Pl ay in the knowledge economy.

problem 4) describe the impact of technology on the world of  work. Has technology changed HRM? If it has, in what way?

problem 5) What do you mean by virtual HR? prepare down the benefits and pitfalls of HR outsourcing? What are the criteria that firms can use for determining which HR activities must or must not be outsourced?

problem 6) Suppose you are the general manager (HR) of a reputed multinational heavy engineering firm with operations in several countries. A number of senior and experienced employees of that firm is nearing retirement. Although there is a pool of young and talented employees, the firm is likely to experience a shortage of employees ready to suppose leadership roles after the retirement of senior employees. The near retiree provides the lot of value addition to the firm. Additionally, the success of the firm is largely due to the respect and reputation that senior employee of the firm enjoys in the industry globally. As a general manager (HR), Persuade the top management of the importance of age diversity in attaining competitive advantage, and Suggest age diversity initiative and activities which may be adopted by the firm.