Review the resources for this module and answer the following:
- Identify the type of organization you work for and how the course concepts apply to your current and future plans.
Ok so I don’t have a list of the concepts because it is based on each chapter. So I have this, let me know if it helps.
- The Environment of Business
- 1. Exploring the World of Business and Economics
- 2. Being Ethical and Socially Responsible
- 3. Exploring Global Business
- Summary
- Business Ownership and Entrepreneurship
- 4. Choosing a Form of Business Ownership
- 5. Small Business, Entrepreneurship, and Franchises
- Summary
- Management and Organization
- 6. Understanding the Management Process
- 7. Creating a Flexible Organization
- 8. Producing Quality Goods and Services
- Summary
- Human Resources
- 9. Attracting and Retaining the Best Employees
- 10. Motivating and Satisfying Employees and Teams
- Summary
- Marketing
- 11. Building Customer Relationships Through Effective Marketing
- 12. Creating and Pricing Products That Satisfy Customers
- 13. Distributing and Promoting Products
- Summary
- Information, Accounting, and Finance
- 14. Exploring Social Media and e-Business
- 15. Using Management and Accounting Information
- 16. Mastering Financial Management
- Summary
- A. Understanding Personal Finances and Investments
- B. Careers in Business
- C. Enhancing Union–Management Relations
- D. Risk Management and Insurance
- E. Business Law, Regulation, and Taxation
Answer preview
Secondly, I will ensure that the company fairly compensates its employees and promote a safe environment for them to work in. Also, I will use this concept to improve the company’s compliance with government regulation. According to Lins, Servaes, & Tamayo, (2017), the HRM needs to ensure that the organization complies with government employment and tax policies. Lastly, I will use the concept to ensure the company remains socially responsible to its customers by selling insurance policies at fair prices. It ensures that customers get compensation when they make a genuine claim. Other terms used leaned in this course are compensation, training, and coaching. As a human resource manager, I will use compensation to attract and retain exceptionally talented employees. For Allstate to continue expanding its market share, it needs to employ incredibly talented employees. I will train the employees to ensure that they assimilate into the organization’s culture and attain the required skills. Coaching is critical to help the employees gain relevant competencies. It will allow employees to achieve their goals.
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