According to Barbara Farfan, two-thirds of the U.S. growth domestic product comes from retail consumption (Farfan, 2014). Additionally, the future of the U.S. economy is usually determined by the increase in retail sales. In 2011, retail sales totaled $4.7 trillion, which represented an 8% increase from 2010 (Farfan, 2014). This indicated economic recovery was underway and the future of the U.S. economy was expansion and not recession. In 2010, 14.4 million individuals were employed in the U.S. retail industry (U.S. ...
INTRODUCTION The Australian domestic airline industry has experienced major changes in the past decade. These changes include, the collapse of Ansett airlines, the amalgamation of Impulse airlines into Qantas and the entry and rapid growth of Virgin Blue, to name a few. These events have subsequ...
What is Human Resources Management The focus of human resource management (HRM) is to manage people within the employer-employee relationship (Stone, 1995). However, such a broad definition is unable to distinguish HRM from its" predecessor" - Personnel Management. Some say that HRM "involves the productive utilisation of people" (Stone, 1995: p. 4), and is therefore more proactive than Personnel Management (Harrison, 1993: p.32). Others say that HRM is unique in that it seeks to strategically integrate the human resource (HR) function within the overall corporate strategy (Boxall, 1996; Skel...