Explain how a company’s human resources department creates a competitive advantage for the organization.
What will be an ideal response?
The competitive advantage is created by managing the company’s most valuable asset – its people. All other resources available or accessible to companies, such as material, facilities, and economic resources can be easily obtained, but well-trained and well-managed people give a company an edge over competitors.
You might also like to view...
Compare the features of stock options and stock rights. What are stock warrants?
Many business writers begin their report research by A) conducting interviews
B) observing others. C) constructing questionnaires and inventories. D) visiting company records and files.
Cooney Inc. has provided the following data concerning a proposed investment project (Ignore income taxes.): Initial investment$160,000 Life of the project 4yearsAnnual net cash inflows$70,000 Salvage value$16,000 The company uses a discount rate of 17%.Refer to Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using the tables provided.Required:Compute the net present value of the project.
What will be an ideal response?
Which is not one of the three UNIX permissions?
A) Read B) Write C) List folder contents D) Execute