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Briefcase

Unit 2 - Human Resource Management - QB

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Chart Increasing

Unit 1 - Introduction To Business Management - QB

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Money Bag

Unit 3 - Finance & accounts - QB

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Direct Hit

Unit 4 - Marketing - QB

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Factory

Unit 5 - Operations management - QB

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Bar-Chart

Unit 6 - Assessment

Imagine a football team without players - sounds pointless, right? Similarly, businesses without the right humans (or, in cool lingo, &quot;human resources&quot;) are like pizzas without toppings! 🍕

<ul>
	<li>Main Job: Ensure a business has the right type of employees and they&#39;re working at their top game.</li>
	<li>Why it&#39;s Important: Think of it like casting for a movie. You wouldn&#39;t want Dwayne &#39;The Rock&#39; Johnson as Cinderella, would you? Similarly, companies want to ensure they have the right people in the right roles.</li>
</ul>

Tertiary &amp; Quaternary sectors: These are areas like services (e.g., restaurants, hospitals) and knowledge-based activities (like IT). Imagine a hospital with untrained doctors! 😱

<ul>
	<li>
	This is like the &#39;rulebook&#39; on how to score top performance from employees.
	</li>
	<li>
	It&rsquo;s ongoing, like a TV series. You always want to know what happens next.

	Real-World Example: Tech companies like Google invest hugely in HR. Why? Well, they need coders, not chefs!
	</li>
</ul>

<ul>
	<li>Task: Predict the company&#39;s future needs. Kind of like how a weatherman predicts rain or sunshine! ☔️🌞</li>
	<li>Balance is Key
	<ul>
		<li>Too many employees = rising costs (like ordering too much food and not eating it 🍔)</li>
		<li>Too few employees = decreased productivity (like having only one chef in a super busy restaurant)</li>
	</ul>
	</li>
</ul>

<ul>
	<li>Big Businesses: Have a written HR plan, like a treasure map, guiding how to manage people.</li>
	<li>Small Businesses: May not have a written plan, but the owner or HR head has an action blueprint in their mind, like a mental playlist of favorite songs. 🎶</li>
</ul>

💡 Remember: Whether you&#39;re running a lemonade stand or a multinational company, the right people are like the perfect ingredients to your favorite dish. Yum! 🍲

&nbsp;

Happy studying, and always remember, behind every successful business is an army of happy, productive, and well-suited employees! 🌟👩&zwj;💼👨&zwj;💼🌟

Unit 2 - Human Resource Management - QB

Unlocking Success: The Imperative Role Of HR In Business Growth

Table of content

The big idea - role of human resource management

Sectors super - sensitive to HR

Unlock the Full Content!

Unit 2 - Human Resource Management - QB

Unlocking Success: The Imperative Role Of HR In Business Growth

Table of content

The big idea - role of human resource management

Sectors super - sensitive to HR

Unlock the Full Content!