Exam (elaborations)
HRM370 Human Resource Management Assignment 1 Semester 2 2023.
- Course
- Institution
HRM370 Human Resource Management Assignment 1 Semester 2 2023.
[Show more]
Seller
Follow
AIMHigher
Reviews received
Content preview
1HRM370 Human Resource Management Assignment 1 Semester 2 2023
Questions 1 and 2 are based on the following paragraph
Read the following paragraph and answer the questions that follow:
Busti National Bank decided to open a branch in Lusikisiki, an exclusive resort about 40 km from the large city of
Durban. There isn’t any bank in Lusikisiki at present. Busti is eager to determine the appropriate wage of the
clerical staff it expects to hire. Clerks in the bank’s offices in Durban earn a starting salary of R1 500 per week
and, if they are promoted, they can earn up to R2 500 per week. A survey of the businesses in Lusikisiki, which
include primarily estate agencies, insurers and local stores, indicates that the going rate for qualified clerical
personnel is between R1 875 and R2 000 a week.
Source: Adapted from: Bergmann, TJ & Scarpello, VG. (2000) Compensation decision making. 4th ed. South-Western College:
Harcourt
1. Hotelling as an alternative workspace option involves
1 allowing employees to work from their hotel rooms by connecting to the internet.
2 creating a network of smaller workplaces located close to the employee’s home or the customer.
3 supplementing traditional office space instead of replacing it, by doing work electronically
from where the employee chooses.
4 sharing workspaces that are furnished, equipped and supported with typical office services
that can be reserved by the hour, day or week instead of being permanently assigned to
workers.
Feedback: Chapter 1 and study unit 1.4.2 of the prescribed book. Hoteling allows the sharing of
workspaces that are furnished, equipped and supported with typical office services, and that can be reserved by
the hour, day or week instead of being permanently assigned to workers. A network of smaller workplaces are
created closer to the employee’s home or the customer, this is known as satellite offices. Traditional office
spaces are supplemented instead of being replaced, as the work is being done electronically from where the
employee chooses, this is known as telecommuting.
2. There is growing recognition that a primary source of competitive advantage derives from an
organisation’s
1 marketing strategy.
2 human resources.
3 product development.
4 motivation of employees.
Feedback: introduction to chapter 2 of the prescribed book. Organisations can obtain a competitive advantage
by acknowledging that its human resources are the most valuable and expensive asset, hence adopting a
, 2
management style that is people orientated. Employee involvement and management practices that support
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller AIMHigher. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $3.00. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
79271 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now