What does a firm depend on if it wants to develop and not to be thrown out of the markets You may say the firm should have some advantages of its own to stand still in the fierce competitive battle field of the commerce. And this is quite true. If sustainable competitive advantage depends on work force skills, American firms have a problem. Human resource management is not traditionally seen as the centre to the competitive survival of the firm in the United States. Skill acquisition is considered an individual responsibility. Labor is simply another factor of production to be hired/rented at the lowest possible cost--must as one buys raw materials or equipment.
The lack of importance attached to human resource management can be seen in the corporate pecking order. In an American firm the chief financial officer is almost always second in command. The post of head of human resource management is usually a specialized job, off at the edge of the corporate hierarchy. The ex
A. American firms’ human resource management strategies affect their competitive capacity.
B. Human resource management is a key factor in a firm’s survival.
C. The cost of work training in America is higher than that in Japan and Germany.
D. American firms are different from Japanese and German firms in human resource management.
Announcer: And now here are some of the things you can listen to this evening here on Radio 3.
Our Thursday play is at nine and is called Wisdom People Talking; it’s about a small group of old age men sitting in a social club remembering the past. Before at 7:30 we have "my favorite disc" in which Jenny Lindley talks about the records that influenced her musical career. At 10:30 there is an account by James Farmer of his travels in the Middle East by bicycle and at 11:00 there is a service from St. Panl’s. On radio 4 the big event of the evening is the broadcast of La Traviata from the Albert Hall; it’s at 9:00 and it has Felicity Newcombe in the major role. The interval talk at 9:15 is Peter Morris remembering his adventures while fishing in Scotland. Radio 1 has as usual continuous pop music; from 6 to 8 it’s the Tommy Brian Show with interviews with live pop stars; from 10 till midnight it’s Joe Newland with his friend. So if you
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