Business Management Report: Analysis of HRM, Motivation and Operations

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Added on  2022/11/30

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This report delves into critical aspects of business management, encompassing human resource management (HRM), leadership through motivation, and managing operations and quality. It begins with an overview of HRM, examining challenges faced by BMW during its international expansion, including workforce shortages, recruitment difficulties, and communication barriers. The report then analyzes how employee behavior impacts BMW's brand image and the influence of HRM practices on employee conduct. It further explores the effects of increased overseas production on HRM policies, along with the advantages and disadvantages of performance-related pay and the benefits of employing older workers. The second part focuses on leadership by motivation, covering McGregor’s Theory X and Theory Y and their real-world applicability, along with Maslow's hierarchy of needs and its relation to Frederick Taylor's work. It also differentiates between Herzberg's hygiene and motivating factors and explores the concept of the psychological contract. The third section addresses managing operations and quality, examining managerial challenges in setting up operational systems and the impact of globalization on Zara's success. It compares the strategies of Marks & Spencer and Zara and discusses how organizations strive for excellence. The report concludes with a summary of the key findings, supported by relevant references.
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