Business Report: Human Resource Management Analysis and Strategies

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Added on  2023/02/01

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AI Summary
This report examines human resource management within a business context, focusing on performance, training, and employee behavior. It explores various financial documents, including profit and loss statements, balance sheets, and cash flow statements, emphasizing their role in providing accurate financial information. The report also highlights the use of HR technology in preparing performance reports and managing payroll. The conclusion emphasizes the importance of business documents for communication and financial reporting. References from research papers are included to support the analysis.
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Business Environment
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Cover Content
Introduction
Comparison of various document
Comparison of formats using in reports
Aims, styles, and ending date
Number of technology
Conclusion
References
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Introduction
Human resource plays different role in any enterprise such as performance
management, training and organization development and good behavior of
employees that helps to solve the problems and maintain the profitability. In this
Power point presentation different reports are discussed to keep systematic financial
records.
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Comparison of various document
The information and reports are prepared by the staff and business concern
that provides various information in order to run a business by accepting the
challenges.
Emails and Memorandum:
Business letters:
Financial documents for business management:
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Comparison of formats using in reports
The company prepares various financial documents that is used to share the
financial information. Financial documents involves profit and loss account,
final account (Balance sheet) and cash flow statement:
Income statement:
Final accounts:
Cash flow statement:
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Aims, styles, and ending date
The main purpose to prepare all statements that provide accurate and actual
information regarding to performance of profitability of the company. All
these documents provides financial information. The company has following
different style as per requirement of different statements.
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Number of technology
The manager and business concern used HR technology while preparing the
performance report, hiring report and also used software to provide the
payroll to employees. A part from this, manager also used latest technology
to prepare the final statement end of the year that helps to provide financial
information to the industry.
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Conclusion
Business concern prepares business document that provides business
information, financial documents which provides financial information, and
memorandum that is used to communicate and provide information to
external.
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References
Shamim, S., Cang, S., Yu, H. and Li, Y., 2016, July. Management approaches
for Industry 4.0: A human resource management perspective. In 2016 IEEE
Congress on Evolutionary Computation (CEC) (pp. 5309-5316). IEEE.
Jaiswal, N. K. and Dhar, R. L., 2015. Transformational leadership, innovation
climate, creative self-efficacy and employee creativity: A multilevel study.
International Journal of Hospitality Management. 51. pp.30-41.
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THANK YOU!
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