Question: You must answer both questions below. QUESTION 1 With reference to reliable academic sources and key authors, discuss the terms 'Best Practice' HRM (the universalist

 You must answer both questions below. QUESTION 1 With reference to

You must answer both questions below. QUESTION 1 With reference to reliable academic sources and key authors, discuss the terms 'Best Practice' HRM (the universalist approach) and 'Best Fit' HRM (the contingency approach). You must ensure that your answer specifically addresses Human Resource Management, rather than generic best practices in accounting, marketing, operations etc. (40 marks) QUESTION 2 With reference to key academic sources throughout your answer, explain the Resource Based View of the Firm. How does this approach seek to build 'unique bundles' of HR practices as a source of sustainable competitive advantage. (Give examples of different types of 'bundles' of HRM practice to illustrate your answer). Finally, using relevant academic and practical examples, explain the evidence which suggests High Performance Working Practices are considered to have a more positive impact on business performance. (60 marks)

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