To explain to the Board how you would measure the value-added of these programmes
What will be an ideal response?
? Programmes aiming at the fulfilment of the 10 dimensions are largely based on
building a new culture in the company, giving employees a strong sense of
distinctiveness of the company, along with high levels of loyalty
? This new culture will help the company to sustain and improve its international
competitive advantage by utilising its human resources and differentiating them
from their competitors, who may see employees as expendable resources
? To build this new culture the company has to continue attracting, developing and
training, and motivating a highly competent workforce that is committed to the
organisation and its goals
? To measure the value added of these programmes the company must follow the
ROI for human resources methodology which follows the usual steps
o Evaluation planning (Review and objectives)
o Data collection (1. Reaction and planned action; 2. Learning and
confidence; 3. Application and implementation; 4. Business impact)
o Data analysis (5. Return on investment; 6. Intangible benefits)
o Reporting (Impact study)
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The higher a company's debt ratio, the lower the risk of a company not being able to meet its obligations.
Answer the following statement true (T) or false (F)
Which of the following laws prohibits businesses from sending misleading or deceptive commercial emails, but denies recipients any legal recourse on their own?
A) CAN-SPAM Act B) Gramm-Leach-Bliley Act C) European Union's Data Protection Directive D) State Security Breach Notification Law
Economic forces that affect business development fundamentally reflect a balance between what two factors?
A) freedom and regulation B) input and output C) purchasing power and savings rates D) recession and expansion E) markets and resources
The overall purpose of the plan-do-check-act cycle is to ________
A) better accommodate employee needs B) improve products and services by reducing potential errors C) minimize production costs D) maximize production with the fewest employees E) provide custom products at minimal expense