Discuss the Evolution of Strategy

question 17

Essay

Discuss the evolution of strategy. How does cost become important in the long term?

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Definitions:

Job Enrichment

Enhancing a job's design to provide employees with more satisfaction and growth opportunities through increased responsibility and variety.

Job Rotation

A human resource management strategy where employees are moved between different jobs to increase job variety and to provide them with a broader understanding of the business.

Enriched Jobs

The process of redesigning jobs to incorporate greater variety of work content, increased autonomy, and opportunities for personal growth, enhancing job satisfaction.

Job Knowledge

Understanding and information relevant to a specific job, including the skills and experience necessary to perform its duties competently.