Introduction of Apple Corporation Apple Inc. is an American multinational company. Apple Inc. is considered to be the most popular worldwide electronic company which designs, consumer electronics and sells personal computers. Headquarter of the company is located in U.S and the current CEO is Tim Cook. …
Introduction of McDonald Corporation McDonlad Corporation is the largest fast food restaurant in the world. There are more than 34,000 McDonald’s restaurants serving 69 million customers every day in over 121 countries. Geographic area of mcDonald is worldwide and the headquarter of McDonald is in U.S. …
Horizontal Integration Definition Horizontal integration is the process of integrating with the competitors or leading business that provides same goods or services. Integration may be done either by merging (joining of two companies to make one) or by acquiring (purchase of another company). Horizontal Integration is …
Definition and Explanation “Mission statement can be define as “what a company actually does”? What is the business? And why a company does it?” It defines an organization core purpose or reason for being, this often called the “credo”, “philosophy”, “core values” or “organizational aspirations”. The basic …
What is 360 Degree Evaluation System The 360 Degree Evaluation System also known as multi-rater feedback, here employees get their feedback confidentially and anonymously from those people working with them. These people may be the managers, colleagues or their immediate bosses. In some cases external sources …
What is Socialization Process OR HR Orientation Process A socialization process or HR Orientation is often informal, informal can mean poorly planned and haphazard. Socialization or HR orientation can be divided into three phases: Anticipatory Phase Encounter Phase Setting in Phase 1. Anticipatory Phase At the …
What is HR Selection Process Given the pool of candidates that results from the recruitment effort, selection is the mechanism that determines the overall quality of an organization’s human resources. To understand the impact of selection practices during the hiring process, consider what happens when the …
Hiring Process Steps Once the firm has determined its staffing needs, it needs to hire the best employees to fill the available positions. The following are three important hiring process steps: Recruitment Process Selection Process HR Orientation / Socialization Process Recruitment Process Recruitment an important component …
Maintaining a Competitive Advantage Any competitive advantage enjoyed by an organization tends to be short lived because other companies are likely to imitate it. This is as true for HR advantages as for technological and marketing advantages. For example, many high-tech firms have “borrowed” reward programs …