Discuss the Six Important Functional Areas of Human Resource Management

question 90

Essay

Discuss the six important functional areas of human resource management.

Recognize the role of technology in enhancing supply chain efficiency, including the implementation and security of CRM systems.

Grasp the concept and importance of supply chain flows (material, information, and financial).

Understand the strategic approaches companies like Zara use to gain competitive advantage in fast fashion.

Realize the significance of forecasting in supply chain management and its impact on the choice of supply chain model.

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Definitions:

Useful Notes

Notes that are helpful and provide valuable information for future reference.

Biases

Preconceived opinions or inclinations that can influence judgment unfairly or inaccurately.

Secondary Research

The process of collecting and analyzing data from existing sources, as opposed to collecting new data through primary research.

Online Search

The process of using the internet to find information on various topics through search engines.