2A - Human Resource Management

Question 1

Human Resource Management

Answer 1

Is the organisation of employees’ roles, pay, and working conditions

Question 2

To make a proft

Answer 2

Employees have increased job satisfaction, number of employees leaving the business can decrease. Less money is spent on training and recruiting new staff

Question 3

To increase market share

Answer 3

Employees have increased job satisfaction, the quality of goods and services manufactured and delivered can increase. This can lead to a higher customer satisfaction and sales

Question 4

To meet shareholder expectations

Answer 4

Employees have increased job satisfaction, they’re more motivated to work harder and to a higher standard. This could lead to an increase in profit allowing shareholders to receive higher dividends