Question

The initial business model of the Ocean House focused on investing in development of its staff in the early years before raising its rates to generate higher profits. In this regard, Ocean House was implementing which business model?a.Organizational missionb.SWOT analysisc.Environmental scanningd.Strategic HR management

Answer 1

d.Strategic HR management

Step-by-step explanation:

Strategic Human Resource management engage in acts that develops, rewards, attracts, and retains employee which is beneficial to both the organization as well as the employee, the Human resource department helps other departments to understand their goals and that of the organization and align them together.

Strategic Human Resource management helps to set clear business strategies, goals and vision. They play major role in recruitment as well as employee motivation, Strategic Human Resource management also helps to boost productivity, increase job satisfaction, efficient management of resources, etc.