ENTREPRENEURIAL OPERATIONS
HUMAN RESOURCE MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Due diligence phase
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Pre-M&A phase
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Integration planning phase
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Implementation and assessment phase
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Detailed explanation-1: -The first step in the human resource planning process is to assess your current staff. Before making any moves to hire new employees for your organization, it’s important to understand the talent you already have at your disposal. Develop a skills inventory for each of your current employees.
Detailed explanation-2: -Role of human resource management in cross-border M&A Human resource management’s primary concern in the lead-up to a merger is usually to ensure that all applicable laws and regulations are being followed, particularly those pertaining to equal employment opportunity and collective bargaining agreements.
Detailed explanation-3: -The three stages in question are pre-combination, combination (involving the integration of companies) and solidification and advancement (which forms the new entity).
Detailed explanation-4: -There are four general steps in the HRP process: identifying the current supply of employees, determining the future of the workforce, balancing between labor supply and demand, and developing plans that support the company’s goals.