scroll to top
Stuck on your essay?
Get ideas from this essay and see how your work stacks up
Word Count: 1,541
1 Name and explain at least 5 factors that have caused the HRM to act strategically to meet the competitive challenges which companies face A Meeting customer needs for quality Total Quality Management was first developed in Japan it is an get it right the first time approach as opposed to the traditional US way of fix it if it is wrong It is defined as a cooperative form of doing business that relies on the talents and capabilities of both labor and management to continually improve quality and productivity using work teams When using TQM corporations emphasized collective and cross-functional work coaching and enabling employees customer satisfaction and quality They try to prevent any problems and use safety precautions It is based on more team than on just an individual B Development of Global Markets Companies that have multinational corporations are more successful is the have created organizations with work forces and corporate cultures that reflect the characteristics of the global market in which they operate These companies believe that people are there most important asset Believing that employees are key to the success of the business means human resource practices such as rewarding employee performance measuring employee satisfaction using an intensive employee selection process promotion from within and investing in employee development C Competitiveness in Global Markets through HRM Practices For a company to be successful in the global market they need to invest in human resources as well as understand cultural differences Japan Germany and other industrialized countries are challenging the US in the export markets For us to compete in the world economy the companies need to put greater effort into human resources and their employeesD Composition of the Labor Force Company performance is influenced by the characteristics of its labor force of current employees The labor force of current employees is known as internal labor force while persons seeking employment are known as the external labor force The skills and
@Kibin is a lifesaver for my essay right now!!
- Sandra Slivka, student @ UC Berkeley
Wow, this is the best essay help I've ever received!
- Camvu Pham, student @ U of M
If I'd known about @Kibin in college, I would have gotten much more sleep
- Jen Soust, alumni @ UCLA