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BUS 599 Week 4 Assignment HRM Issues Diversification Strategies Case Nucor Corporation 2015 version

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BUS 599 Week 4 Assignment HRM Issues Diversification Strategies Case Nucor Corporation





Sample content:

Case Nucor Corporation

HRM Issues/Diversification Strategies

BUS 599

Abstract

In this paper, we will discuss the issues affecting Nucor Corporation and how these issues are affecting the companys operation, how they face the challenges of their company and how they incorporate their philosophy in facing the challenges that the company is facing. This paper will also take a look at the strengths and weaknesses of the company and the areas for improvement, how the company will change processes for the better and how their structure as a company should work together to address various concerns and issues affecting company operation. In the end, this paper would take a look at the possible solution that the company might be able to use to address their concerns and to solve possible issues within the management. Using their weakness and strength, this paper wil

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BUS 599 Week 4 Assignment HRM Issues Diversification Strategies Case Nucor Corporation 2015 version

  1. 1. BUS 599 Week 4 Assignment HRMIssues Diversification Strategies Case Nucor Corporation Link : http://uopexam.com/product/bus-599-week-4-assignment-hrm-issues-diversification- strategies-case-nucor-corporation/ Title:
  2. 2. BUS 599 Week 4 Assignment HRM Issues Diversification Strategies Case Nucor Corporation Sample content: Case Nucor Corporation HRM Issues/Diversification Strategies BUS 599 Abstract In this paper, we will discuss the issues affecting Nucor Corporation and how these issues are affecting the companys operation, how they face the challenges of their company and how they incorporate their philosophy in facing the challenges that the company is facing. This paper will also take a look at the strengths and weaknesses of the company and the areas for improvement, how the company will change processes for the better and how their structure as a company should work together to address various concerns and issues affecting company operation. In the end, this paper would take a look at the possible solution that the company might be able to use to address their concerns and to solve possible issues within the management. Using their weakness and strength, this paper will aim to provide a clearer picture of how Nucor Corporation will face adversity. HRM Issues/Diversification Strategies Nucor Corporation started its operation in the 50s. It is known for producing electronic equipment and nuclear energy instruments and they are one of the most popular companies when it comes to the product they market especially with steel. If they need to, the company can go ahead and produce 26 million tons of steel in a single production and they also do recycling of their products hence they dont rely on steel production alone. They recycle everything including the waste they are producing during steel production. They also get supply outside the company for
  3. 3. their recycling efforts making them one of the top recycler companies in the world too. 1960 saw the development and growth of electronically run companies producing steel through electric arc furnace hence more business people entered the steel production business. This equipment is called mini-mills and can produce steel at a limited number but if combined together, it can create an integrated mill that can be used for maximum production operation. If companies will be using this strategy, then the cost of producing steel will become lower and the production can be maximized (Thompson, Strickland, & Gamble, 2010). Nucor Corporation continued to use the process it has been using for steel production until 1980 when thin-slab casting was introduced and adapted by the company for its operation. The electric arc furnace in their mini-mills was still used by other companies although it is already considered an obsolete method back then because the thin-slab casting became the new process. Well the usage of the electric arc furnace in their mini-mills was due to the fact that there are some types of steel that only this equipment can produce such as the flat-rolled carbon sheets and stri http://uopexam.com/product/bus-599-week-4-assignment-hrm-issues-diversification-strategies- case-nucor-corporation/

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