LOW COST STRATEGY

- Behavior at workplace:
+ repetitive and predictable (no time for the creative just don’t break the rules)
+ Cooperative (mask product- many step in the systeam, go with together)
+ quantity ( upgrade productivities)
+ Result and process combine together
+ Low risk-taking activity ( Never want to break the systeam)
- Hrm policies
+ JD: details, folow the rules
+ Recruitment & Selection: no need the high qualities of knowledge
+ focus: short-term training
+ push up the marketing
+ rasing the salaty for the employees base on result
+ Control and saving the input of the company to maximize the price of the product
lead to the surplus profit
+ invest less in R&D- create similar product to reduce the cost of the product
Applied for the mask market-mask product tion
Differentiation strategy
- Creative
- Cooperative and independent
- Quality
- Process + result
- High risk taking ( never do the same way when fail)
HRM
- JD: General
- Recuitment: high skill + knowledge + behavior + high comitment + dynamic +
flexible
- Training + Development
- Performance: Base on Kpi
- Compensation: high competitive + benefit insurance + scolarship + profit sharing

Order of enlargement
- Element
- Task
-Duty
- Postion
- Job
- Job family
- Ocupation
- career

Hr demand = Hr supply Labor equilibrium

Hr demand< hr supply surplus
Hr demand> hr supply shortage

Options for avoiding a labor shortage

- Overtime
- Temporary employees
- Outscourcing
- Retrained transfers
- Turnover reductions
- New external hires
- Technological innovation
Options for reducing a surplus
- Transfers
- Work sharing
- Hiring freeze
- Downsizing
- Pay reducetions
- Demotions
- Early retirement
- Retraining
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