Human Resources
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1. Describe how the 2008 global economic crisis has impacted HR professionals.
2. Elaborate on what human resource managers can do to teach company leaders how human resource management can contribute to organizational success.
3. Discuss what human resources practices might explain the difference in employee attitudes and happiness.
4. Explain how human resource practices can support an organization's overall strategy.
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Solution Summary
This solution described how the 2008 economic crisis impacted HR professionals, elaborated on what human resource managers can do to teach company leaders how human resource management can contribute to organizational success, discussed what human resource practices might explain the difference in employee attitudes and happiness, and explained how human resource practices can support an organization's overall strategy.
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1. Describe how the 2008 global economic crisis has impacted HR professionals.
The 2008 global economic crisis greatly impact HR professional in a number of ways. They had to lay off individuals from the workplace that had poor performance, or were not with the company for a very long period of time. This hurt the companies because they lost money that was coming in from the stock market and various investments. Many people in the public were not purchasing products or services fast enough, so many organizations went bankrupt or merged with others in order to survive. Some firms faced bankruptcy as well; so many HR professionals were looking for job elsewhere, which made it difficult for them because it could take a few years before finding steady employment while using unemployment benefits from the government.
2. Elaborate on what human resource managers can do to teach company leaders how human resource management ...
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