Business Finance – Management Assignment 10


 

Final Examination Document:

Answer 6 questions only.

 

 

  1. Describe the relationship between human resource planning and business strategy? How can businesses ensure the attainment of their business strategy?

 

  1. Explain why variable pay plans fail in a typical organization and what organizations can do to ensure increase in productivity?

 

  1. Distinguish between mandated and voluntary benefits. Provide and discuss three examples in each category.

 

  1. Do you think that performance evaluation is an effective process? Why and why not? In order words, how can this process be an effective tool in improving employee and organizational performance?

 

  1. Define employment-at-will doctrine and discuss how wrongful discharge, just cause, and due process are significant to this concept.

 

  1. Describe the challenges businesses face in maintaining employee healthcare packages? What can they do to alleviate these challenges?