Question

There is no more important resource than human resource’. Elaborate. What are the various of recruitment? Discuss its advantages and limitations.

Answer 1

Explanation:

It is not possible to evaluate the value of human resource just like the case of a financial asset, where we can quantify its profitability, the depreciation on the asset etc, but no doubt it’s the human resource that uplift or degrade a business

There are two major types of recruitment.

Internal recruitment;

Its advantage is that the vacancy is filled in house, in quick way. The person already knows about business operation so he can take on the role quickly. Limitation is that one has lesser candidates in this case.

External recruitment;

Its advantage is that one can have many options of human resource, but its more time taking process

Answer 2

Answer: Internal and External recruitment are two types of Recruitment for any organization.

Explanation:

• Human Resource is an important part of any organization and it works in support of running the organization as it recruits employees or people.
• There are two types of recruitment processes happening in any organization Human Resource department- Internal Recruitment and External Recruitment.
• Internal recruitment is a process in which new employees can be selected through present employees' referrals, recruiting former employee or promoting current employees.
• No fresh talent can be found in this recruitment process as well as it promotes favoritism. Cost-effectiveness, reliability, employee motivation are some advantages of Internal Recruitment.
• External recruitment is a process in which employees are hired through the outside of an organization.
• Advertisement, campus recruitment, employee exchange programs, etc. can be done in External Recruitment.
• Organizational Growth can be achieved in the external recruitment process as fresh talent is found. Employee dissatisfaction, high cost and time consumption are some limitations of this recruitment.

To Know More:

‘There is no more important resource than human resource’. Elaborate. What are the various of

recruitment? Discuss its advantages and limitations.

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