Anika Holdings provides limited training and career development opportunities for employees Employees are paid the National minimum wage while managers earn more than the industry average Anika does not consider environmel tal factors during day-to-day operations. On this basis , Anika Holdings is effectively drawing on the principles of the Harvard model of HRM in managing people. A. True B. False

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Anika Holdings provides limited training and career development opportunities for employees Employees are paid the National minimum wage while managers earn more than the industry average Anika does not consider environmel tal factors during day-to-day operations. On this basis , Anika Holdings is effectively drawing on the principles of the Harvard model of HRM in managing people. A. True B. False

Answer 1

According to Harvard Framework for HRM (Human Resource Management) model, one of the critical components of human resource management in an organization is employee training and development opportunities. Furthermore, taking into account stakeholders (such as employees, managers) and situational factors (like environmental considerations) is another crucial aspect specified by Harvard model. Anika Holdings fails to provide adequate training and irrelevantly takes environmental factors in its operation process. Furthermore, the wage scale discrepancy portrayed- managers bagging more than the industrial standard and employees merely national minimum wage, does not conform with fairness emphasized by Harvard HRM model. Therefore Anika Holdings do not adhere all the principles of the Harvard framework of managing human resources.

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