Why is it more important to adopt the HR competencies approach in HR policy formation?

What will be an ideal response?


The conception of competencies has undergone a dramatic change and has become embedded in the field of HRM with a broader domain. It is becoming increasingly important for companies to identify and develop employees’ skills, knowledge and attitudes required to successfully perform a job.

Business

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At a meeting between a portfolio manager and a prospective client, the portfolio manager stated that her firm's bond investment strategy is a conservative one

The portfolio manager told the prospective client that she constructs a portfolio with a forward-looking tracking error that is typically between 250 and 300 basis points of a client-specified bond index. Explain why you agree or disagree with the portfolio manager's statement that the portfolio strategy is a conservative one.

Business

The same action can have both civil and criminal liability

Indicate whether the statement is true or false

Business

If a North Carolina firm contracts to buy toys from a seller in China, if there is a dispute:

a. North Carolina courts have jurisdiction because the buyer is from there b. U.S. federal courts have jurisdiction because of diversity of citizenship c. Chinese courts have jurisdiction because the seller is from there d. the parties can choose in their contract where the dispute will be resolved e. the U.N. Court of International Trade has jurisdiction, as it has in all such cases

Business

Just-in-time design may lead to substantial revision of the work product produced previously in the project

Indicate whether the statement is true or false

Business