Business Issues and the Contexts of Human Resources Assignment

Business Issues and the Contexts of Human Resources - Assignment Example It is evidently clear from the discussion that Tesco’s major business purpose is to provide a wide array of general merchandise and groceries. The company has its retail outlets located in 12 countries. In UK market the company acquires approximately 30% of market share and is a grocery market leader. The total revenue gained by the firm as per the financial year 2014 is  £70.894 billion and it encompasses an employee base of 597,784. Tesco’s management functions are associated with improving the functionality of every department and maintaining long-term relationships with employees. Democratic management style is followed by the company. Charles Handy stated that there are four cultures followed by any organization such as power, task culture, person culture and role culture. Role culture has been implemented in Tesco Plc where employees are allocated responsibilities and roles as per their specialization. They also possess ownership towards assigned tasks or duties . The HR function fits well within the organizational structure since it is more inclined towards process and operation. HR functions are delivered through a centralized format where HR heads are an administrative expert as per Ulrich model. The Ulrich model comprises four dimensions of people, strategic or future focus, processes and day-to-day operations. On basis of these dimensions, there are different aspects associated with leaders like employee champion, change agent, strategic partner, and administrative expert. HR effectively contributes towards workplace through managing people and increasing efficiency of human resources. There are even strategies formulated by HR department in order to increase employee productivity. The job of HR department is not only to recruit talented individuals but even to retain them within the system.

Airline Deregulation as it relates to Competion and Unions Essay

Airline Deregulation as it relates to Competion and Unions - Essay Example The airline deregulation provides significant benefits to an average traveler. This Act removed many of the airline restrictions and thus totally altered the concept of civil aviation in the US. Subsequent to the integration of jets into the market, the air travel industry experienced incredible growth rate. As a result of steady increase in air travel, the federal regulators were forced to deregulate the industry to meet the increasing needs of the air travelers. The airline deregulation process augmented market competition once the marketers got the freedom to determine their own prices. It also persuaded the airline providers to enter in price competition in order to dominate the air travel market. Reports point out the notable effects of deregulation; â€Å"the inflation adjusted 1982 constant dollar yield for airlines has fallen from 12.3 cents in 1978 to 7.9 cents in 1997. This means that airline ticket prices are almost 40% lower today than they were in 1978 when the airlines were deregulated† (Thierer, 1998). Since this trend offered fruitful economic benefits to passengers, the passenger miles flown tremendously grew. For instance, in 2005, there were 750 million passenger miles whereas this figure was only 250 million in 1978. The magnitude of market competition was more in Europe as compared to US.