Select an existing small company in an industry you are fami

Select an existing small company in an industry you are familiar with to bethe basis of the small business in this case. Review the company’s structure,culture, business strategy, mission, and vision.Write a five to six (5-6) page paper in which you:Provide a brief summary, in your own words, of your selected company’soverall business strategy. Next, determine the direction you visualize thecompany growing within the next five (5) to ten (10) years.Hint: Review the common business strategies of CostLeadership, Differentiation and Focus or Niche on p. 50of your text.Design a human resource management strategy to support your selectedcompany’s business strategy. Explain the competitive advantage of your HRMstrategy. Hint: Review the following common human resourcemanagement strategies of Loyal Soldier, Bargain Laborer, CommittedExpert and Free Agent from previous courses.Develop an HR Scorecard table for your selectedcompany. Include the four (4) dimensions (i.e., financial, customer service,internal process, and learning / growth / sustainability). Next, assess thevalue of your proposal to the small business in each of these dimensions.Hint: Review the video titled “Building theHuman Resources Performance Measurement Scorecard” (4 min 1 s) located atfor additional guidance in creating an HR Scorecard.Use at least three (3) quality academic resources in this assignment fromwithin the past five (5) years. Note: Wikipedia does notqualify as an academic resource.Format your assignment according to these formatting requirements:Be typed, double spaced, using Times New Roman font (size 12), with one-inchmargins on all sides; references must follow APA or school-specific format.Check with your professor for any additional instructions.Include a cover page containing the title of the assignment, the student’sname, the professor’s name, the course title, and the date. The cover page isnot included in the required page length.Include a reference page. Citations and references must follow APA format.The reference page is not included in the required page length. The specific course learning outcomes associated with this assignmentare:Assess the strategic role of human resource management and the componentsthat provide a competitive advantage to the organization.Determine the human resource management function of human resource planningand its importance to business strategy.Develop work designs that support the human resources strategy.Use technology and information resources to research issues in humanresource management.Write clearly and concisely about human resource management using properwriting mechanics