Human Resources An Organization - 1424 Words

HUMAN RESOURCES: THEORETICAL – Human Resources include all the actions to recruit the right workers for the business and train them for the job. In the human resources department they work out what level of skills are needed by the workers and how many workers are needed for business. They have to create a positive working environment for the workers to insure that the workers are happy and working well to achieve the business’ goals. They also deal with the conditions of employment and the workers’ salaries. The human resource department’s job is to recruit the best workers for the job, also make sure training is put in place so that the new employee’s know how to work to their full potential and help achieve profits for the business and the business ‘goals. Their job is also to fire workers if they aren’t obeying working procedures and then hiring new workers to replace the old. They also help develop a competitive advantage which includes building the capacity of the com pany so they can offer an exclusive product/service to customers. They try developing strategies for the business and opportunities. MOVIE – In the movie we see that Andy goes for a job interview at the fashion magazine Runway, and soon gets the job. Andy is known as a joke to the business and doesn’t fit the position as she knows nothing about fashion and certainly doesn’t wear the correct outfits. There’s a sense of humour in the human resources as the brought Andy in to have an interview with herShow MoreRelatedHuman Resource Management And An Organization Essay1140 Words   |  5 PagesHuman resource management is a tool in an organization, which focuses on the recruitment, management, and giving direction to the people who work in the organization. Human resource management is a vital component, which deals with issues concerned with people. Such issues include, hiring, performance management, developmental issues, safety, staff welfare, benefits and staff motivation. An organization cannot create a group of professional working staff without better human resources (Stewart, Read MoreHuman Resou rce Department Of An Organization1419 Words   |  6 PagesSelection of an individual by human resource department of an organization to perform a specific job after meeting the criteria mentioned in the job application with appropriate knowledge and skills turn applicants to employees. To hire a right person for right job is very important as they are considering most valuable asset for organization. It is stated in many of organizational’s annual reports that the employees are the most important and valuable assets in the organization. Vanessa hall is the writerRead MoreHuman Resource Management : An Organization1420 Words   |  6 PagesHuman resource management is a term that is often used loosely and is assumed to be common sense, but the people behind good human resource teams know that those accusations are simply not true. HRM is all about how to manage people in the most effective manner in order to produce the best outcome for the company. HRM has many fascists, including recruitment of employees, initial training, hiring, advising employees, developing job descriptions, providing ongoing training to all employees, developingRead MoreHuman Resources In A Sandwich Organization744 Words   |  3 Pagesbakery and extensive training of bakers will ensure consistency of the products. The human resources are valuable because they improve the efficiency or effectivene ss of the organization. Management team aware the human resources are rare because employees’ knowledge and skills are not equally available to competitors. The human resources are difficult to emulate and cannot be easily copied by others. The human resources are organized so that employee talents can be combined and deployed as needed atRead MoreHuman Resource Management At An Organization1488 Words   |  6 PagesAs a human resource manager, there is a duty to manage workforce productivity. This adds on to the normal workload and responsibility of a human resource manager but is needed for optimizing the return on investment for the organizations’ labor expense. When looking at any organizations’ human resource department the main purpose is its effectiveness both in staff and in business. In order to be effective, most human resource managers first must develop an effective professional. That begins withRead MoreHuman Resource Management : An Organization Essay1429 Words   |  6 PagesHuman resource Management is very important in every organization. It satisfies the needs of man power and creates an atmosphere where all employees can work together to achieve the goals of an organization. HRM role is to plan how to recruit right people and give experienced and well trained workforce to organization. It makes plans for training and development of human resource in an organization. The main functions of Human Resource Management in an organization are given below: 1. RecruitmentRead MoreHuman Resource Management : An Organization1524 Words   |  7 Pages and tougher competition, Human Resource Management has taken on roles that have intermeshed them with the company as a strategic partner rather than just an individualized operating type system focused on simple tasks. Critical to a corporation’s growth and success is their ability to gain a competitive edge. Superior Human Resource Management assists the organizations fulfill its goals and attain success. This paper will outline why it is essential for Human Resource Management to transform beyondRead MoreHuman Resource Management : An Organization3527 Words   |  15 PagesHUMAN RESOURCE MANAGEMENT: Introduction: Human resource management is the all about of recruitment, employee’s selection, providing necessary training and skill development, assessment of employees, and all other factors related to the employees in organization. Human: refers to the skilled and unskilled workforce in the organization Resource: refers to limited availability of scarce Management: refers to the process of coordination of human resource in organization to get the best results is calledRead MoreHuman Resource Planning : An Organization1466 Words   |  6 PagesThere are several important reasons of human resource planning that business organisation carry out regardless their size and it is important for the continuity of any business organisation to plan. However, in many business owners may not include human resource planning at the beginning of their business but later realise the importance of human capital and no business can survive without having competitive human capital. Reasons are human capital, budget control, training and development, andRead MoreHuman Resource Management : An Organization Essay1418 Words   |  6 PagesHuman Resource Management As competition increases around the world, leading companies in every business category have recognized that having a quality workforce can help the company gain a competitive advantage in the market. Many companies have started hiring people irrespective of their race, sex, religion, nationality etc. The critical thing for any company is to understand and use potential of their workforce. Building and managing top-quality workforce is not as easy as it may seem. In order

Movie Analysis Dallas Buyers Club Directed By Jean Marc...

MAJOR WRITTEN ASSIGNMENT: TOPIC TWO ESSAY WORD COUNT: 1893 In film, drama is the most diverse of genres with many subcategories such as crime drama, comedy drama, romantic drama, historical drama etc. Dallas Buyers Club directed by Jean-Marc Vallee and The Imitation Game by Morten Tyldum both take on the role of producing historical and biographical dramas. These can be categorized as both films are set in the past to tell a story and through the perspective a certain important person and time in history. The purpose of a drama film is to touch on realism of a central protagonist and the people that he/she interacts with, to touch on social issues mostly and go in depth indirectly through a character’s encounter with the issue(s). The genre most commonly is known for relying on emotional techniques that cause sympathy for characters to drive the film to be put into the typical convention of drama. Also, the films focus on building up characters that the audience can relate and engage with, and social interaction between the characters . When a person thinks of the genre of drama, the first thing that may be recognized and associated is that the film type strongly relies on emotional techniques. Especially examples that the audience can relate and engage with. Ron from Dallas Buyers Club s emotionless first introduction to the audience makes his small acts of humanity resonate stronger with the viewers. Similarly this occurs with Alan from The Imitation Game s character;

Profitability and Financial Stability Reef Ltd

Question: The following information has been extracted from the financial statement and notes of Reef Ltd: 2017 2016 Service revenue $580,000 $575,000 Interest expense $23,000 $26,500 Income tax expense $44,600 $53,000 Profit $52,500 $56,100 Preference dividends $2,800 $2,800 Total assets $540,000 $555,000 Total liabilities $300,000 $330,000 Preference share capital $62,000 $62,000 Ordinary share capital $110,000 $100,000 Retained earnings $68,000 $63,000 Required: Evaluate the company's profitability and financial stability by calculating and analysing the re ratio(s). Answer: Measurement of Profitability and Financial Stability through ratios Ratios 2017 2016 Gross Profit Margin 20.71 23.58 Net Profit Margin 9.05 9.76 Return on Assets 9.72 10.11 Return on Net Worth 45.18 53.30 Debt to Asset Ratio 0.55 0.59 Gross Profit Margin shows the efficiency of the firm. More the gross margin means more in efficient in operation. It can be observed that the gross profit margin of the organization is low and also the gross profit margin of 2017 is less than 2016. Also the net profit margin of the company is very low. The net profit margin of 2017 less than 2016. Return on Assets implies the income generated in respect of total asset. It is observed that the return on assets of the organization is not in good position also it has decreased from 2016 to 2017. Return on net worth means the income generated in respect of equity fund. It is near to 50%. So, it is in average position but it has also decreased from 2016 to 2017. It is observed that, debt to asset ratio has declined from 2016 to 2017. In overall, it can be said the financial position of the company is not so good and financial position of 2016 is good from 2017. Benefits of Ratio Analysis i) Ratio Analysis is one of the important tools of financial analysis. It helps to understand the financial position of an organization.ii) The efficiency of the company can be judged by the ratios. Ratios show how well the assets could be utilized and could earn profits.iii) Different companies can be compared with each other through the ratios.iv) Trend analysis can also be done through ratios. Trend analysis is the judging of a company over the period.v) It helps to find out the weakness area in operations. Limitation of Ratio Analysis 1. Ratio analysis is done to find out the relationship using past information and business is now concerned current and future trend.2. All the companies in industries are not same. They operate in different economic environment such as rules and regulation, structure of market, etc. Ratio analysis does not include those factors. References List Bragg, S. (2000)Financial analysis, New York: Wiley. Chesnick, D. (n.d.)Financial management and ratio analysis for cooperative enterprises. Moy, R. (2000)An analysis of the position and status of sound ratio in contemporary society, Lewiston, N.Y.: Edwin Mellen Press. Rodgers, P. (2008)Financial analysis, Oxford: CIMA. Velez-Pareja, I. (n.d.) Financial Analysis and Control - Financial Ratio Analysis (Slides),SSRN Journal.