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Additional Case 2.3
Resources International, Inc. (RII) is going through a major organizational change. Executives at the firm have decided to rethink the whole organization. They believe that employees will be most strongly motivated by experiencing meaningful work, taking responsibility for outcomes, and receiving regular feedback.
The HR team will analyze jobs as part of the change process, and HR must choose the best technique for the situation. HR needs to know what the incumbents do in their jobs. HR also needs behavioral descriptions from which to build new performance appraisal systems and training programs.
Finally, RII is looking at current staffing practices and trying to decide what type of workforce is best for the future. The business is highly technical and requires highly experienced employees, but product demand is volatile. Demand can double or be cut in half from one year to the next, depending on the economy and competitors' actions. Innovation is key in RII's product development. In order to manage all the HR information generated for and during the change, RII has initiated an HRIS system.
-Refer to Additional Case 2.3.The best job analysis technique for RII would be a:
Monopolistically Competitive Firm
A company operating in a market structure where many firms sell products that are similar but not identical, allowing for product differentiation and some degree of market power.
Perfectly Competitive Firm
A company that operates in a market where there are many buyers and sellers, none of which can influence the market price.
Long-Run Equilibrium
A state where all factors of production in an economy are fully adjusted to market conditions, leading to stable prices and full employment of resources.
Profit Maximization
The method a company uses to decide the price and production amount that yields the highest profit.
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