Strategic Human Resource Management theories‚ models in relation to the BHP Billiton organisation. It shall also look at how HRM can motivate the employees and also the criticisms of the HRM model. “Motivation is the act or process of a motive that causes a person to take some action” (Buchbinder & Shanks‚ 2007‚ p. 24). Employees are assets to the organisation. They perform the day to day duties needed to run an organisation. BHP Billiton believes that people are the foundation for their success and that
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CORPORATE SYSTEMS MANAGEMENT What is Corporate Systems Management? In order to understand this‚ we need to understand the elements within Corporate Systems Management. First thing is what is a system? A system is a set of objects together with relationships between the objects and between their attributes (Wikipedia‚ 2007). In an organisation the systems have to be organised in a systematic approach‚ allowing the system to be analysed and into the smallest elements through a top-down or bottom-
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What is meant by externalities? How have oil companies in Trinidad and Tobago employed solutions to externalities as part of their corporate social responsibilities (CSR)? Externalities exist when a third party bears costs or receives benefits arising from an economic transaction in which he or she is not a direct participant. This occurs when producers or consumers provide benefits to third parties or impose costs on third parties for which the market system does not enable them to receive
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Allocated firm: Fortescue Metal Group Memorandum DATE: Monday 23 May‚ 2010 TO: The Board of FMG FROM: Truman Chun Wai ‚ a senior financial officer SUBJECT: Future growth strategy analysis Dear the Board‚ I am glad to present to you the future growth strategy analysis report for Fortescue Metal Group. This report had been prepared requested by the Board. The content of this report concentrated on evaluating the performance of
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Individual research assignment Introduction The international company which called Buildco Ltd establishes a new company in Australia which is a wholly owned subsidiary of Buildco. The purpose of incorporating the subsidiary is to solve the problem of sourcing debt finance in the international marketplace. However‚ the property development project which is undertaken by Buildco and funded by Asset Pty Ltd is financially unviable. Consequently‚ the Buildco expects that the Asset could write-off
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Diamond Industry. De Beers. In the beginning of 1870s‚ the Afrikaner brothers‚ J. N. de Beer and D. A. de Beer discovered diamonds on their farm and unable to deal with the effort of protecting the farm from the diamond seekers‚ they sold the land to the diamond traders. Today‚ the name De Beers represents the world’s largest diamond company‚ which has a presence in 25 countries. The powerful and productive epoch of diamonds began with the establishment of this company. Who knows what role a
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The New Employer Militancy The purpose of this paper is to examine the issue of employer militancy in Australian workforce after the 1980s. The essay is divided into three parts‚ with more emphasis on the latter two parts - the ‘hows’ and ‘whys’ of employer militancy. In the first part‚ a generic definition of employer militancy will be provided‚ followed by the key features of the hostile approach adopted by employers towards unions. Then the second part is looking at expanding from the first
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How does an understanding of the influences on operations contribute to business success? Operations refers to the business function that involves the transformation of a businesses inputs into outputs that satisfy consumer needs and wants. Operations management is influenced by a range of factors from the external business environment that are out of the businesses control. These influences include globalisation‚ technology‚ quality expectations‚ cost-based competition‚ government policies‚ legal
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Business 478 Section D 100 STRATEGIC ANALYSIS FOR: De BEERS Student Name: Qiang Xu Student ID Number: 301184581 Date: Mar. 6‚ 2015 INTRODUCTION Background in Brief The De Beers Group of Companies (DeBeers) was founded in 1888 by Cecil Rhides. De Beers consolidated Mines was formed in 1888 by the merger of the companies of BarneyBarnato and Cecil Rhodes‚ by which time the company was the sole owner of all diamond mining operations in the country.De Beers doing diamond exploration‚ diamond
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Describe the business-level strategies of any three well-known companies operating in the GCC region. An organization’s core competencies should be focused on satisfying customer needs or preferences in order to achieve above average returns. This is done through Business-level strategies. Business level strategies detail actions taken to provide value to customers and gain a competitive advantage by exploiting core competencies in specific‚ individual product or service markets. Business-level
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