Accounting as an aid to management: The main object of Accounting is to record financial transaction systematically in the books of accounts and to find out profit-loss and financial position of a business. Ascertainment of profit-loss and financial position‚ interpretation and analysis of accounts and statements‚ development of accounting system‚ collection of statistical and economic data‚ formulation of financial principles and financial planning and controlling result as per plan etc. are the
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A summary of modern practices in employee recruitment and selection methods Business revolves around people. It’s the people in the business that run it so therefore it’s always important to have the best employee to do it. That is why selection is such an important aspect of any organisation‚ small time or bigger. It is fundamental to the performance of any business or establishment that the personnel that it employs are competent to fill the role‚ and enhance the companies overall performance
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brand which includes an ’employee offering’. Depending on the size and culture of the organization recruitment may be undertaken in-house by managers‚ human resource generalists and / or recruitment specialists. Alternatively parts of all of the process might be undertaken by either public sector employment agencies‚ or commercial recruitment agencies‚ or specialist search consultancies. Recruitment Process: 1. Job Analysis: a. Job Description b. Job Specification c. Person Specification:
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RECRUITMENT AND SELECTION PRACTICES OF ORGANISATIONS‚ A CASE STUDY OF HFC BANK (GH) LTD. by DJABATEY‚ EDWARD NARTEY (PG 3057709) A Thesis submitted to the Institute of Distance Learning‚ Kwame Nkrumah University of Science and Technology in partial fulfillment of the requirements for the degree of COMMONWEALTH EXECUTIVE MASTER OF BUSINESS ADMINISTRATION April‚ 2012 DECLARATION I hereby declare that this submission is my own work towards the Executive Master of Business Administration
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Recruitment Process Meaning and DEFINITIONS: Recruitment is the process of searching for prospective employees and stimulating them to apply for the jobs in the organization. Recruitment refers to the attempt of getting interested applicants and providing a pool of prospective employees so that management can select the right person-for the right job from this pool. Recruitment is a positive process because it increases the selection ratio by attracting a large number of applicants for the advertised
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Job Interviewing Skills Joyce Rance GB546-1217 – 0203 – 01N Recruitment and Selection January 27‚ 2015 Professor Vincent Pellettiere Interview Sample I The first interview sample was taken from YouTube (2013)‚ “Max Employment-Top 10 Job Interview Questions and Answers”. The job candidate in the video was interviewing for a Sales Administration position. The job that I selected from Indeed.com is – Inside Sales/Sales Coordinator‚ at Minnesota Rubber and Plastics‚ - Minneapolis HQ (quadion
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Summary The project titled “RECRUITMENT AND SELECTION Process” Undertaken in Eastern Hospital and Medical Research Center (EHMRC). Eastern Hospital and Medical Research Center is a private hospital situated in Lalmatia‚ Dhanmondi. Md. Sharif Hassan is the chairman of this hospital and hundred percent share of EHMRC is owned by the chairman. It was established with the motto to render service to the mass people of the country. The report is on recruitment and selection process which is an important
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Nature and significance of recruitment‚ selection and employee turnover functions in an organisation “You have joined a service organisation of approximately 5000 employees operating in Australia as the HR Executive‚ the general manager has asked you to overhaul the current recruitment‚ selection and employee turnover functions of this organisation because of evidence of poor matching of new employees to their work roles and rising levels of staff turnover. Whilst you have some clear ideas about
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course Strategic management-2 aims to provide an understanding of strategy formulation at business level & Corporate Level strategies‚ understanding directions & methods of development. It also throws light on the strategy implementation process & managing strategic change. B. Learning Outcomes of the course : After the course‚ participants Would be able to understand strategy formulation and apply at business & Corporate strategy Would be able to comprehend directions & methods of organizational
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Recommendation New product development strategy In order to increase the sales and make more company profit‚ launching a new product is considered as good ways to the new product development strategy. Based on the Dutch Lady product life cycle‚ it can maintain its loyal customers for those who are always look for the innovated product by using the new product innovation. Dutch Lady Company can launch some products which focus on elderly. They can produce more product like milk‚ it must contain a
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