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P​‌‍‍‍‌‍‍‌‍‌‌‍‍‍‌‍‌‌‌‍​rogrammersInc. is a software house that currently writes bespoke software for various clients across a range of industries. This is lucrative but requires continuously searching for new clients. To secure an alternative cash flow, the company has decided to produce a piece of software that it will sell directly to end users. You have been hired to advise on the best strategy to take in this endeavour. In 3,500 words produce a report detailing the following: 1. Identify an industry that has potential as a market for software. Discuss why it is an underdeveloped market. 2. Describe a busine​‌‍‍‍‌‍‍‌‍‌‌‍‍‍‌‍‌‌‌‍​ss model that would be most suited to exploit this industry. 3. Examine the potential pitfalls and hurdles in this industry. 4. Identify the current major players and consider potential competitors. 5. Discuss recent changes that might make it the right time to sell software in this sector. 6. Review regulatory or ethical issues which will need to be dealt with when operating in this industry. You must critically research and apply in your relevant academic theory and sources, course concepts and frameworks and industry materials. Your work must be fully referenced using the Harvard system​‌‍‍‍‌‍‍‌‍‌‌‍‍‍‌‍‌‌‌‍​.

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his paper pays a close look at the practice management of human resources in an organization. This will encompass the importance of the practice, functions within this office and some of the motivation techniques that can be used as well as their role in achieving organizational objectives. Furthermore, the paper will focus an attention to a reputable organization in determining the applicability of incentives and compensation in HRM. Every organization has its strategic future which is broken down into objectives that are measurable and comprehensible, so that the workforce can implement (Snell & Bohlander, 2009). The sensitivity and value placed on organizational strategic plan cannot be left in the hands its employees if they are incapable or not motivated. The organization has a responsibility not only to invest heavily in technology and detailed professional processes but also on its workforce and strategic management policies. Discussion Importance of HRM HRM as a practice significantly offers support and advice to the line management within an organization. Management of human resources must ensure an attraction, preservation, loyalty and development of highly profiled caliber of people/workforce in order to provide a competitive advantage necessary for the survival and success of the organization. The image of an organization, which develops the goodwill, is largely dependent on how well its human resources are managed (McCoy, 1999). The management of the human resources assumes the following roles. First, HRM manages the demand for human resources. Economies in which organizations are based are dynamic. There are economical shifts of growth and decline that require counteractive measures within an organizations workforce. The said measures demands both quantitative and qualitative procedures within the workforce. The practices of retrenchments, hiring, early retirements and the contract renews for the experienced are all structural adjustments that responds to economical changes affecting organizations. Second, HRM is responsible in managing social pressure in provision of the desirable environment for the workforce. The hygiene and safety of the working environment must be always maintained as it is a>

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