For the Week Two Assignment, please refer to Exhibit 1.2 on page 14 of your text. For the assignment, you will create an Integrative Framework for Managing Human Resources Effectively based on your current or former organization. You should focus on the External Environment to include Local Conditions, National Conditions, and Multinational Conditions. Your considerations must include the following: Economic Globalization Political Landscape Labor Markets Country Cultures Laws and Regulations Unions Based on the considerations above, you will create your framework for the following three areas: 1. Organizational Environment 2. Activities for Managing Human Resources 3. Stakeholder Objectives to be Satisfied Please create a diagram similar to the exhibit for your submission. 14 Managing Human Resources EXHIBIT 1.2 An Integrative Framework for Managing Human Resources Effectively Global Landscape EXTERNAL ENVIRONMENT Socio Union La Lega Landscape Economic Land Demoga Land STAKEHOLDER OBJECTIVES MM STRATEGY INTERNAL ENVIRONMENT Technology Factory technology Computer technology Virtual wodore - HRIS and -HAM ACTIVITIES FOR MANAGING HUMAN RESOURCES Company Culture Leadership Vision - Mission - Values ng bansand on modeling Managing talent the langt and Selecting employees to the job and the Owners and Investors - Financial retums - Corporate reputation Long-term survival Organization Members . Good pay and benefits - Good Quality of work te Long term employabilty Customers -Quality Speed and responsiveness Low prices - Innovation Convenience Business Strategy Total quality Lowcost Customer service Innovation Society Legal compliance Social responsibility Ethical practices Resource Financial Organon Reputational * Human Taning and developing wondorce Conducten management Developing an och to compensation sing periode sedato che rective Providing the Proming place behandwo being Other Organizations Reliability - Trustworthiness - Collaborative problem- solving Human resource management activities are important because they partly determine well a company satisfies the concerns of its multiple stakeholders, as described de These activities do not occur in a vacuum, however. They are shaped by various force the external environment and by several organizational factors. THE IMPORTANCE OF HRM STRATEGIES AND THE ORGANIZATION'S EXTERNAL AND INTERNAL ENVIRONMENTS If you have worked for more than one employer, you know from experience that are many approaches to managing human resources. Some employers are highly in whom they hire, and others seem to hire anyone who walks in the door. Some