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Answer: 1. Demographic Time Bomb’ is an economic term that is used for a country where population has been filling faster than it has been ever before and this is what compels the economists to declare the country as a ‘Demographic Time Bomb’. This is mostly defined as the place or the country where the fertility rates have been failing at an alarming rate compared to the exponentially increasing longevity rate causing reduct...Read More
Answer: Introduction Human resource management is an approach that is used for managing the effectiveness in an organisation. It is designed to maximize the performance and resolve all the conflicts that arise due to discrimination or other issues (Lazaroiu, 2015). The duty of human resource management is look at employee benefits; training and development also take care of the organisational fairness. Theory of human resource management in ...Read More
Answer: 1. Introduction to Research: 1.1 Aim and Objective: There has been many researches that have been conducted to determine the relations of Human Resource Manager and the employees of a company. In this context, it is the duty of the Human Resource Management to consider and solve the problems faced by the employees. This is because the problems can lead to a loss in the finance of an organization. Absence Management is the proces...Read More
Answer Case analysis a. Advantages of person-focused pay system in Mitron According to Moore and Viscusi (2014), person-focused pay system can have certain advantages that can help a company like Mitron to continue its prowess in the business market. The advantages include: It can provide the technicians of Mitron with job enrichment and job security. This can help in enriching and motivating the employees to continue working in the company...Read More
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