For the situation below, identify the specific environmental factor and then describe one impact on human resources management because of this factor. Factors are in the picture Below A recent human resources employee report indicates that 20% of your workforce may be eligible to retire over the next 5 years. Factor: _____________________________________________ Impact on HRM: External and Internal EnvironmentalInfluences on HRMExternal and Internal Environmental Influences on HRMExternalInternalEconomic Conditions: affect supply and demand forproducts, impacting quantity and quality ofemployees required and ability to pay/give benefitsOrganizational Culture: values, beliefs, andnorms of organizational membersLabour Diversity: protected groups (visible/ethnicminorities, women, Aboriginal, disabled) andgenerational differences (traditionalists, babyboomers, Gen X-ers, Gen Y-ers)Organizational Climate: the atmosphere'simpact on employee motivation, jobperformance, and productivityManagement Practices: organizational structureand employee empowermentTechnology: controlling data and privacyGovernment: abiding by provincial and nationalBlankstandardsGlobalization: managing the workforce in an intense,hypercompetitive global economyBlankEnvironment: managing sustainability and corporatesocial responsibilityBlank

For the situation below, identify the specific environmental factor and then describe one impact on human resources management because of this factor. Factors are in the picture Below A recent human resources employee report indicates that 20% of your workforce may be eligible to retire over the next 5 years. Factor: _____________________________________________ Impact on HRM:

For the situation below, identify the specific environmental factor and then describe one impact on human resources management because of this factor. Factors are in the picture Below A recent human resources employee report indicates that 20% of your workforce may be eligible to retire over the next 5 years. Factor: _____________________________________________ Impact on HRM:

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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