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The primary interface between the firm and its suppliers is:

1. distribution
2. production
3. accounting
4. engineering
5. purchasing

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Irving Heathcote
Irving HeathcoteLv2
6 May 2020
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Related questions

Case Study - 5

Breaking The Bargaining Pattern

Gilson steel is a local fabricating and supply firm. Situated in open country, far from the large steel making centers. The firm has been in business many years. About the third of employees have worked in the organization for more than ten years. Top management would like to get away from the current practice in which negotiations on wage matters and fringes follow the pattern. The firm’s president feels that industry – wide bargaining tends to divorce employees from the firm. He thinks they feel that their employer is a combination of U.S steel and bethlem steel instead of Gilson. He argues that the local firm which has prospered can do better by employees than is possible in national pattern. He says that the local conditions should be considered. His basic objection to current practice, however, is his conviction that it tends to divorce its employees from local employer. The labor relations manager has been urged to try negotiating terms at variance with the national pattern.

 Answer the following questions: ·

  1. What theory and policy do you read into the president’s suggestion? ·
  2. How will his ideas fit into the existing pattern of public union policy? ·
  3. Can you suggest a promising innovative approach?

The difference between a company's strategy and a company's business model is that

A)a company's strategy is the plan for achieving strategic objectives while its business model is the plan for achieving financial objectives.

B)the strategy concerns how to compete successfully and the business model concerns how to operate efficiently.

C)a company's strategy is management's game plan for realizing the strategic vision whereas a company's business model is the game plan for accomplishing the business purpose or mission.

D)strategy relates broadly to a company's competitive moves and business approaches (regardless of the financial outcomes it produces) while the term business model relates to whether the revenues and costs flowing from the strategy demonstrate that the business is viable from a profit perspective.

E)a company's strategy concerns how to please customers while its business model concerns how to please shareholders

Identify which human resources management activity is being illustrated in the following examples:
 
HR management activities:
staffing  compensation & benefits training & development 
compliance  employee relations  
 
1) _________ An HR manager consults with an employee about her continuing education options.
2) _________ An HR manager solves a paperwork snag involving an employee's paycheck.
3) _________ A supervisor conducts a workshop on haw tn properly dispose of a certain chemical.
4) _________ An HR manager conducts an exit interview with retiring employee
5) _________ An HR manager mediates a conflict between an employee and his. 6)
6) _________ A manager conducts job orientation for several new employees.

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