Question

A major insurance company handled all recruiting, screeningand training processes for data entry/customer servicerepresentatives. Their competitor was attracting most of thequalified, potential employees in their market. Recruiting wasmade even more difficult by the strong economy and the ‘jobseeker’smarket.’ This resulted in the client having to choosefrom candidates who had the ‘soft’ skills needed for the job, butlacked the proper ‘hard’ skills and training.Questions1. As an HR manager what problems do you see in thecompany?2. How do you think it can be resolved?

Answer 1

Answer:

Components of Capital Structure: The components of Capital Structure are as follows: Equity Share Capital,Preference Share Capital, Retained Earning , Borrowed Capital.

Answer 2

Explanation:

1. The business is facing the following issues.

i. As the rivals attracted most of the skilled applicants, the business lacks excellent skilled prospective staff.

ii. The company's staff lack the difficult abilities needed, which in turn leads to bad performance.

2. The company can take the following steps to solve the problems.

i. It is necessary to provide the staff with proper training in the necessary difficult abilities.

ii. The firm can outsource its recruitment operations to a specialized and competent organization in order to attract better prospective applicants.