1. the second take-over has led to another change in the approach with which retailco is managed, focusing on performance improvements as well as long-term growth. describe the change and how this change could influence culture and hrm in retailco. 2. given the differences in culture and institutional context between the netherlands and the uk, what would an ideal type hrm system look like in the netherlands, and in the uk? describe the main characteristics of hrm policy and hrm practices for both countries, focusing on the following hrm practices:  recruitment and selection  training and development  appraisal and rewards 3. as mentioned, ‘best practice’ and ‘best fit’ models are two dominant approaches in the hrm literature that explain how hrm affects performance. do you believe that the second take-over will change the overall approach used in retailco or not? explain why? 4. do you think the expansion may have been too fast? present your view on how this rapid growth may (have) affect(ed) retailco, and more specifically, retailco’s culture and hrm system. and, what changes could be made for the years to come in order to try to increase profits again?