MANA 362 Study Guide - Fall 2018, Comprehensive Midterm Notes - Substance Abuse, New Zealand Labour Party, Compiler

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Partnership of line managers and hr professionals: line manager"s role, manage/lead employees so that they contribute e ectively. Generally consults hr professional with regards to hr issues: hr professional"s role, equip line managers with the best people practices. Generally assists line managers in his//her role with regards to hr issues: both roles are key components to the success of the organizations. Current business issues: global economy, globalization (i. e. the reduction of barriers to international trade) has facilitated the movement of people, goods, and capital. #1: implications for business, many companies in survival mode" as the economy is still fragile, and the stock market very volatile. Friday, september 21, 2018: implications for hrm, as labour costs are a large expenditure, pressure to cut costs often leads to. Lack of sta ers when the economy rebounds. Survivors who are risk-averse, paranoid, disappointed: alternatives: Lower wages for all, possibly with shared ownership.

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