| |Student Number |12256746 | |Assessment Title |“Human Resource* is the most important asset of an organization.” | |Course |Bachelor Of Science in Logistics Management | |Lecturer |Dr. Chang Chen Sheng
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upon scare human capital as cited by Bartlett and Ghoshal (2002). There is no doubt that financial capital is most important tools for an organization to grow and expand but capital by itself does not create wealth. The strategic capital of the current society is the human resource. Knowledge has become the key factor of every modern organization. A knowledge employee is able to create an idea without capital, knowledge is brain power. As cited by Drucker (1993) the most important, and indeed
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company: its Human Resources. The people that make up a company are that organization’s unique and biggest asset. Human resources are the set of individuals who make up the workforce of an organization, business sector or an economy. We can say that the people who make up a company's workforce its human resources are considered to be an asset to the company. They give unique position to their own companies. If we want to reach the final destination of the organization, human resource is the road
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MBA –H4020 Human Resource Accounting HUMAN RESOURCE ACCOUNTING UNIT – I The Non accounting of human resources and the change occurring therein, of an organization may provide a poor picture of the profits and profitability of the organization. Likert Objectives of the Study: This unit aims to provide a basis for the conceptual framework of Human Resource Accounting. An attempt is made to highlight the following aspects. Development of the Concept of HRA An Historical Score Card Meaning and
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Functions of Human Resources BUS 303 Human Resources Management Instructor September 22, 2014 This paper gives a full depiction and dissection of the Human Resource Management (HRM) capacity. Main topics discussed are: Compensation and benefits, EEO and affirmative action, human resources development, safety and health, human resources planning, recruitment, and selection; compensation and benefits, and employee and labor relations. Included in this paper are also subsidiary points examined
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HUMAN RESOURCE ACCOUNTING UNIT – I The Non accounting of human resources and the change occurring therein, of an organization may provide a poor picture of the profits and profitability of the organization. Likert Objectives of the Study: This unit aims to provide a basis for the conceptual framework of Human Resource Accounting. An attempt is made to highlight the following aspects. Development of the Concept of HRA An Historical Score Card Meaning and Definition of HRA Importance
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“Human resource is the most important asset of an organisation.” Human resource management (HRM) is an approach to the management of people, based on four fundamental principles. First, Human Resources (HR) are the most important assets an organisation has and their effective management is the key to its success. Second, this success is most likely to be achieved if the personnel policies and procedures of the enterprise are closely linked with, and make a major contribution to, the achievement
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In an organization, it’s the people that carry out many important work activities. Managers and HR professionals have the important job of organizing people so that they can effectively perform these activities. This requires viewing people as human assets, not costs as for organization. Looking at people as assets is part of contemporary human resource management and human capital management. No organization can function properly without the presence of human resource deparment.This is because human
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Assets and Risk Management Michael Young 29 October 2015 Abstract One of the most important responsibility in any organization is to protect the assets and seek ways to harden systems by performing test and implementing Intrusion Detection Systems (IDS). With the increase in attacks by hackers most organizations use vulnerability, threat, and exploit assessment to help keep their systems protected. A risk exist when threats are able to exploit vulnerabilities. It is understood there
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HR Policy and Turnover Rate 1.0 INTRODUCTION 1.1 Background to the study It is considered that Human resource policy plays an important role for improving the quality of an organization. Like any other organization human resource policy and their implication and management procedure are important for Bangladeshi Private Universities. Turnover is another important factor of an organization and Bangladeshi Private Universities are not except for these. Though Bangladeshi Private Universities
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