EDUCATION

How can Resourcing and Development add value to the modern workplace?

How can Resourcing and Development add value to the modern workplace?

Explanation of 'Resourcing' and 'Development'

Resourcing refers to the idea of hiring new individuals for the post in the organizations. The human resources play a very vital role for the organizations because the abilities of the individuals hired play a very curial role for the companies because they result in success. Companies that are running globally such as Emirates are aiming to expand their operations for which they hire more people. With regards to development, the term can be explained by saying that development is a basic right of every individual and successful company such as Emirates and Unilever focus more on development of their employees. This enables in success in the future and is beneficial in the long-term.

Critical Analysis of the Concept of 'Added value'

The term, “added value” refers to the idea of providing more to the customers. This means that the customers enjoy the extra benefits that are offered to them when they pay the price of a basic flight. For instance, considering the example of a real company such as Emirates Airlines, it can be said that when customers purchase tickets, they can enjoy easy flying and they also get meals along with extra benefits such as songs and movies during the flight.

Value added is the measure of output produced in a new company. Indeed, when a company produces 3 million euros of products, it has not itself created the entirety of this production because they have bought products (goods and services, such as raw materials, electricity ) to other companies. It is interesting to know what it actually produced, that is to say that it has added value to the value of property that ...