Human resource development is the integrated use of training and development, organizational development, and career development. Select one area of interest to you, and discuss how this area fits into your current or future career.
Your journal entry must be at least 200 words in length. No references or citations are necessary.
In order for an organization to increase employee engagement, the company may use various methods. Discuss the influences and learning in the workplace that contribute to training and development. In addition, address your personal experience with employee engagement.
Your response must be at least 200 words in length.
What is the relationship between human resource management (HRM) and human resource development (HRD)? Identify one pro and one con for HRM and HRD as contributing factors to business success.
parent that the Venezuelan government spending is significantly exceeding that which it is taking in and therefore putting them in a budget deficit. The government ceased releasing statistics with regards to the magnitude of the country’s budget deficit a few years ago. Nevertheless, reducing it is deemed a prime concern. However the CIA have estimated that the deficit is approximately 46% of the countries gross domestic product during the period of 2017 (Bloomberg 2019). One approach in hope of restoring Venezuela’s previously satisfactory economy, is for them to loan a significantly large amount of money – $60 billion over the period of three years – to them. Theoretically, this would enable the central bank to terminate the printing of Bolívar’s. This would, in theory, diminish the on going decrease of the Bolívar’s value – which has lost 99% of its value since 2013 (Bloomberg 2019). Similarly, replacing the national currency all together with a more stable currency – such as the US dollar – would be of benefit. Another commonly identified flaw that Venezuela is victim of, is their reliance upon a single and arguably unstable, commodity – being crude oil. As previously mentioned, the country would benefit immensely from expanding their number and range of export goods. Over the past decade, the difficulties associated with oil extraction and production have seemingly become more apparent. Not only this but the imposition of several sanctions on Venezuela’s oil industry, on behalf of the US, are significantly contributing to the industry’s downfall. The sanctions have meant that the US – one of Venezuela’s key oil associates – are blocked from doing business with Venezuela. They were implemented in hope of pressurising Venezuela’s President – Maduro – into stepping down. Presumably, the sanctions will stay in play until this is fulfilled, therefore broadening their commodities seems to be a favourable move. Switching from the Bolívar to the U.S. dollar and acknowledging the underlying issue of their high dependence on a – somewhat undependable – commodity in conjunction with other credible government interventions will work best to maximise the potential stabilisation of Venezuela’s economy in years to come.>GET ANSWER