2.1. Human resource management (HRM)
A subsection of Business Studies, 9609, through 2. Human resource management (AS Level)
Listing 10 of 47 questions
Farm Equipment (FE) FE is a public limited company based in country Z, where the primary sector accounts for 40% of all employees. Farm produce from country Z is sold to many other countries. FE manufactures a range of farm equipment such as tractors and machinery. It sells its products to large farms. Farmers have remained loyal despite the availability of lower-cost farm equipment. FE’s current market share in country Z is 8%. However, the market for farm equipment in country Z is growing and FE forecasts an increase in its market share, as shown in Table 1.1. Table 1.1 The market for farm equipment in country Z Year ($m) 2024 ($m) Market size FE’s revenue 22.8 29.45 Chuzi, FE’s Managing Director, would like to develop new types of farm equipment. Chuzi recently appointed Lin, an intrapreneur tasked with developing new products. FE’s employees would like to join a trade union as they have low morale. They believe that management do not consider the welfare of the workforce. The employees feel that they have a poor work-life balance. FE does not offer any training and development opportunities. The management style is autocratic. BL, a multinational farm equipment manufacturer, has recently located a factory close to FE. The management at FE is concerned about the impact of this on its human resource management (HRM). Identify one feature of the primary sector. Explain the term intrapreneur. Refer to Table 1.1 and other information. Calculate the forecast change in FE’s market share between 2023 and 2024. Explain one benefit to FE of product development. Analyse two roles that FE has in the development of country Z. Evaluate the likely impact on FE’s HRM of the new BL factory.
9609_w24_qp_21
THEORY
2024
Paper 2, Variant 1
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Questions Discovered
47