HR strategies that work for one company in an industry will work just as well for another company in the same industry,since business environments tend to be similar within industries.

Question

Quizplus · Accepted Answer

While industries may have similarities in terms of business practices and environment, each company is unique and has its own culture, values, and goals. Therefore, HR strategies that work for one company may not work for another, even if they are in the same industry. It is important for each company to develop its own customized HR strategies based on its specific needs and circumstances.

HR Strategies That Work for One Company in an Industry