Business Studies may be defined as a combination of inter-related business subjects which lead to learning of basic knowledge and skills. It is a course in education that is designed to cover the basic elementary knowledge and skills in organizing business enterprises as well as general office administration.
Assume for this assignment that you are being highly considered for a director-level HR management position for a best-in-class national retailer. You are in the final phase of the interview process and must respond to the interview panel regarding specific questions and scenarios that will help them determine if you are a good fit for the new role. The company’s culture is centered on the effective development of strategy, plans, and selection criteria aimed at building and sustaining a competitive and profitable organization. It will be extremely important that you respond with a strategic mindset in order to convince the organization you are able to help them ensure the execution of the business strategy.
Instructions
Write a six- to seven-page paper in which you do the following:
Analyze different types of strategies (cost leadership, differentiation, and focus or niche) and select which one you would deem more appropriate for an “efficiency-minded” retail organization.
Explain your rationale.
How would the selected strategy ultimately affect how HR does its job?
Examine the four approaches to job design or redesign and provide an example (not a definition) of each.
Internet websites are not to be used in this course unless they come from the course resources list(ATTACHED).
If you list a journal article reference you must add the retrieved from link so we all know where to go to get the reference. That is mandatory for this course.
Also be sure all references are listed properly to include all the required information. It is also helpful that you include page or paragraph numbers with your citations so information can be directly validated.
As we discussed, please follow all of the instructions provided especially the one listed below:
Internet websites are not to be used in this course unless they come from the course resources list (ATTACHED). You may use the website listed below as well as the additional one included in the instructions and the youtube video.
Several high-tech firms in Silicon Valley violated antitrust laws by agreeing that they would not try to hire each other’s employees. This limited employees’ job options and income.
How should companies address the possibility of bidding wars when trying to retain top talent? How should HR professionals or general managers help address this issue?
What compensation strategies would enable companies to attract and retain good employees without having to worry about bidding wars? How should the needs of employees be addressed in these strategies?
Your assignment is to 1) read the information in the box content, 2) answer these questions, 3) present/defend your ideas with thoughtful logic or relevant evidence, and 4) respond to at least two other students’ posts with other thoughtful analyses. Your posts should be comprehensive (multiple lengthy paragraphs), as well as concise and detailed.
Grades are assigned using a rubric with the following dimensions: 1) logic/support, 2) clarity/conciseness, 3) depth, 4) length, 5) contains multiple postings/responses.
Manager is a management, isn’t it? Describe the similarities and unique differences between being a manager in general and being a retail manager. As a part of this, conduct a phone or video interview with a retail manger and find out some of the following:
If there is no commission system, are any incentive programs offered? Give an example of a specific program or project used by the store to boost employee morale and productivity.
What are the procedures for approaching a suspected shoplifters?
What roles do sales associates and executives play in the security programs?
What is this retailer doing well in terms of security and loss prevention, and in which areas should it improve its policies?
Write at least a 1500 word document that presents your findings.
Your research must also include at least 3 additional academic (e.g., journal articles) resources in addition to your textbook to support your conclusions.
Format your paper consistent with APA guidelines:
Title Page
Introduction and Conclusion
Main Headings for each section of the Minor Project
APA Citations: (all direct quotes must include the page or paragraph numbers)
References
Retailing Management, (Boston, MA: McGraw-Hill Irwin, 9th edition, 2014), Michael Levy and Barton Weitz, ISBN: 9780077512378