Question

Explain briefly the dimensions an entrepreneur must consider while building a venture team with special reference to recruiting, selecting, motivating, and development of human resources.​

Answer 1

ANSWER

HRM is a management function that helps manager's to recruit, select, train and develop members for ... All the dimensions related to people in their employment relationships, and all the dynamics that ... HRP includes creating venture teams with a balanced skill-mix, ... should also be considered when selecting employees.

Answer 2

$\huge\bf\underline\red{Answer}$

The description can be refined by examining six dimensions of business practice: strategic orientation; commitment to opportunity; commitment of resources; control of resources; management structure and reward philosophy. We shall define these dimensions by examining a range of behaviours.

At the firm level we found four success dimensions allowing for the evaluation of the firm as a whole:

$\rightarrow$entrepreneur satisfaction;

$\rightarrow$relations with the environment;

$\rightarrow$pro-social activity;

$\rightarrow$ firm credibility.