The Purpose of HR Strategy Is to Capitalize on the Distinctive

question 65

Essay

The purpose of HR strategy is to capitalize on the distinctive competencies of the organization and add value through the effective use of human resources.Effective HRM strategies include external and internal fit,and a focus on results.Explain external and internal fit.

Understand why recorded music is an easily globalized media product.

Know the significant players and influences in global media markets, including social media and music industries.

Understand the challenges faced by less-developed nations in competing in global media production, particularly in film.

Discuss the cultural imperialism thesis and its relevance to global media dynamics.

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Definitions:

Limited Resource

Any asset which is scarce or finite, creating constraints in its allocation and necessitating efficient management.

Resistance Points

The limits beyond which a party is unwilling or unable to budge during negotiations, defining the boundaries of acceptable outcomes.

Package of Issues

A group or collection of topics, problems, or matters that are considered or dealt with together.

Commitments Exchange

A process where parties involved promise or pledge to engage in mutual exchanges of goods, services, or obligations.