Analyse the impact of the key external environmental influences on HRM, using examples to illustrate.
Date Submitted: 09/10/2006 04:24:26
Category: / Literature / European Literature
Length: 15 pages (4096 words)
Category: / Literature / European Literature
Length: 15 pages (4096 words)
The external environmental factors described in the following essay have a direct or indirect influence on HRM. To be effective, HR managers must monitor the environment on an ongoing basis; assess the impact of any changes; and be proactive in implementing policies and programs to deal with such challenges.
Economic Environment
The economic environment has a major impact on business in general and the management of human resources in particular. Economic conditions affect supply and
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Victoria Australia
8.<Tab/>Stone, R. J, (2005) Human resource management, Milton, Qld.: John Wiley & Sons Australia, ch 1
9.<Tab/>Travaglione, A. and Marshall, V. (eds) (2000) Human Resource Strategies: An Applied Approach, Irwin/McGraw Hill, Roseville.
10.<Tab/>Todd, T and Crake. A, Human Resource Management 237, lecture notes (2005)
11.<Tab/>Young, S. (2000) 'Outsourcing: Lessons From the Literature' Labour and Industry, 10(3), pp.97-118.
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