Outcome 4 / Link competetitive advantage and human R

Question 1

Corporate strategy

Answer 1

Markets to compete/ Against who and how

Focus on domain selection that is the market

Question 2

Growth and diversification

Answer 2

1. Increase employee productivity
2. greater number of employees
3. employees developing or acquiring new skills

Question 3

Mergers

Answer 3

Don’t go well
Inconsistencies with cultures
CEO of each company do not agree

Question 4

Joint ventures

Answer 4

strategic alliances or joint venture. Cooperation

Human resources plays an important role

Question 5

BUSS STRGY Low-cost strategy: Compete on Productivity and efficiency

Answer 5

Keep costs low enough.. offer attractive prices to the customers leads market share and better profits

Question 6

BUSS STRGY Differentiation strategy

Answer 6

based on high product quality, innovation, speed to market and superior service

Question 7

FUNCT STRAT Vertical alignment

Answer 7

HR enhance policies and practices for employees

Question 8

FUNCT STRAT Horizon alignment

Answer 8

All the HR Practices are aligned horizontal with one and another internally