Identify a business strategy that is appropriate for company

Assignment Help Business Management
Reference no: EM131287526

Assessment

Imagine that you are the HR manager for a new company just opening its doors in your community. The owners have asked you to prepare a vision for compensating the staff. They do not want specific policies but rather guiding principles that will help them collect data and write specific HR policies later.

Complete the following:

• Describe the type of business, the number and types of employees (such as exempt and non-exempt), and the customer base you will use as your example company for this assessment, as well as the state and city or area of the state where your company is located.

• Identify a business strategy that is most appropriate for the company, and include an analysis of why you believe this is the case.

• Discuss the appropriate business response, HR program alignment, and compensation system for this new business.

• Create a list of essential guideposts for developing a total compensation policy. In your vision, include statements that can be made public to your customers and employees.

• Consider whether your vision will be strategic in a strong economy, as well as in an economic downturn. Will you be able to adapt your vision during various economic conditions?

• Describe an HR program aligned with the business strategy chosen for the new company.

• Describe how other existing businesses in your community affect the compensation vision and strategy of this new company. You can reference the Overview of BLS Wage Data by Area and Occupation Web page from the Bureau of Labor Statistics Web site (cited in the Resources) to help you research information for your response.

Your analysis should be 1-2 pages long. Be sure to use proper APA style (6th edition) and formatting.

Reference no: EM131287526

Questions Cloud

What is the accessible population : Dr. Kim wants to conduct a study on memory in nursing home residents. He contacts local nursing homes and selects 50 residents from their resident lists to participate in his study.
Relationship between a country savings : What is the relationship between a country's savings, its government budget deficit, it's domestic investment in physical capital, and its foreign investments?
Concepts of rebirth and karma between hinduism and buddhism : Write a paper about the differences on the concepts of rebirth and karma between Hinduism and Buddhism.- What are the roles of Gods in Samsara.
Write down the new demand equation : The government believes that the market-clearing price is too low. To increase the price the government purchases 122 million bushels of wheat. This shifts the demand curve to the right. Write down the new demand equation.
Identify a business strategy that is appropriate for company : Identify a business strategy that is most appropriate for the company, and include an analysis of why you believe this is the case. Create a list of essential guideposts for developing a total compensation policy.
Director of international operations : The thinking of the Director of International Operations is that there is a business opportunity with countries that are leading Foreign Direct Investment partners into Vietnam's economy.
Describes the organization you are targeting : Summarizes your findings from IANA Whois, Sam Spade Utility, Traceroute, Nslookup, and Google hacking research.Includes information on servers and security countermeasures.Evaluates your public domain information findings.
What are the main features of each evaluation method : What are the main features of each evaluation method? Examine each method by looking at its potential downside. What are the essential weaknesses in each of these evaluation methods?
Temporary and permanent increases in their incomes : Why is it important that consumers respond differently to temporary and permanent increases in their incomes? A) This implies that consumption will be highly sensitive to temporary changes in income.

Reviews

Write a Review

Business Management Questions & Answers

  Metrics of staffing effectiveness and quality

Tanglewood's top management is highly committed to improving customer service quality, and proposes that simply finding the cheapest way to hire is not sufficient. What measures/metrics of staffing effectiveness and quality do you consider useful ..

  Question regarding the employee paycheck

Name what is a system that requires an employer to automatically deduct income taxes from an employee's paycheck and send the deducted tax directly to the government.

  Factors identified with high performing organizationsthis

factors identified with high performing organizationsthis solution provides the learner with an understanding of

  What impact could chinese brands have on international trade

What impact could Chinese brands have on international trade? Do you think brands from China will become as popular as brands from Japan?

  Discuss conflict in values

Deal with a conflict in values - What was it? How did you resolve this issue? Please include references.

  Problem regarding the innovation and organization

Consider how your chosen company (Thread Harvest - online fashion) might 'game the rankings' to achieve its objectives. Rather than saying 'we are 273th in the world when it comes to combatting poverty' they might say 'we are the best company when..

  Concept of value

In an ORIGINAL response: Discuss the concept of "value" as it relates to social, environmental, and economic inputs.

  Monitors internet policies and practices

Question 1. Which of the following is NOT an advantage of client/server computing over centralized mainframe computing?

  Matrix structure linking strategy to culture eps amp ebit

matrix structure linking strategy to culture eps amp ebit and more...1 describe the matrix structure of an organization

  Why are there age requirements for political offices

What do you think the Founding Fathers of the United States determined that they needed to have different age requirements for the various offices of the government?

  How marketing affect structure

Describe how the functional areas of each organization interfaces and/or impacts each other. Use graphics to illustrate the organizational structures.

  Problem faced by vlasic- wal-mart affect their business

What does this case tell you about how much influence a business can have with regard to its suppliers' decisions and behaviors? What does this say about the conventional notions of the responsibility of firms for the practices of their suppliers ..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd