PLEASE HELP There will be a research essay assignment for Units 8. Complete the

Question

PLEASE HELP

There will be a research essay assignment for Units 8. Complete the answers to the questions below in a Word document and submit them by Sunday night. You need to include outside evidence and documentation to support your answers

The answers to these assignments should be complete, well organized, and consist of 3-5 typed, double spaced pages for each question.

Choose one of Porter’s generic business strategies: (a) broad cost leadership; (b) focused cost leadership; (c) broad differentiation; (d) focused differentiation. Discuss how choosing that business strategy will affect staffing strategy relative to the factors considered in staffing models and staffing strategy.

Based on the business strategy chosen in topic 1 above, how will that strategy affect your planning efforts in terms of human resource planning, staffing planning, and diversity planning?

Based on the business strategy chosen in topic 1 above: (a) Name one substantive assessment method that you would use, and explain why; (b) Discuss what you would do to maximize the reliability and validity of the decision process.

Explanation / Answer

Porter’s generic business strategies:

Importance :

A business strategy is used to create a competitive advantage to the organization among the rivals in the target market. These strategies are formulated and implemented to help the organizations to with stand the peer pressure and attain sustainable growth . Strategies are framed on the basis on the customer needs, the demand for the needs of the customer groups and how can we design the product to satisfy the needs of the customers.

Types of Porter’s generic business strategies:

Focused Differentiation.

Definition : The strategy is designed a target a small group of customers with the help of differentiated products.This strategy is a hybrid combination of focus strategy and differentiation strategy. The main motto was to satisfy the needs of the narrow target market and design unique products

Characteristics of focused differentiation :

Examples of focused differentiation : ( a ) Mercedes Benz uses the application of cutting edge technology and trending stylish looks and more safety standard innovations to the product design. The designs are primly targeted to the rich, business class community in the market. ( b ) Nike is the first company that focused on the athletic footwear through its iconoc design and intense product innovation through immense research and development centers.

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