Using the Internet, look up a company with which you are familiar. What are some of the policies and procedures that it uses to enhance the firm’s human and social capital?
Answer to relevant QuestionsRecall an example of a firm that recently faced an ethical crisis. How do you feel the crisis and management’s handling of it affected the firm’s human capital and social capital? What are some of the ways in which a firm can attain a successful turnaround strategy? Think of a firm that has attained a differentiation focus or cost focus strategy. Are their advantages sustainable? Why? Why not? Discuss some of the various means that firms can use to diversify. What are the pros and cons associated with each of these? What are some of the advantages and disadvantages associated with a firm’s expansion into international markets?
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