Business Revision (20/11/2024)

Cards (75)

  • What is the difference between internal and external recruitment?
    Internal recruitment involves filling positions from within the organization, while external recruitment seeks candidates from outside the organization.
  • What are the advantages and disadvantages of external recruitment?
    Advantages:
    • Access to a wider talent pool
    • Fresh perspectives and ideas

    Disadvantages:
    • Higher costs associated with recruitment
    • Longer onboarding process for new hires
  • What are the advantages and disadvantages of internal recruitment?
    Advantages:
    • Familiarity with company culture
    • Lower recruitment costs

    Disadvantages:
    • Limited pool of candidates
    • Potential for internal conflict or jealousy
  • What is the focus of Unit 8 in the recruitment and selection process?
    Agency or Consultant Recruitment
  • What type of interview questions should an interviewer create?
    Interviewers should create generic questions that assess the candidate's qualifications and fit for the role.
  • What should an interviewer consider when asking questions during an interview?
    They should consider what the interviewee can gain from the questions asked.
  • What are the steps a business should take post-interview?
    • Inform the candidate of their success or failure
    • Provide feedback if necessary
  • How would a business inform a candidate about their interview outcome?
    They would typically send an email or make a phone call to communicate the decision.
  • What information should be gathered from the HR manager during the interview?
    • Business objectives
    • Location
    • Number of staff employed
    • Key business activities
    • Recruitment planning
  • What is the de Ferrers Trust?
    It is an educational trust that oversees multiple schools.
  • Where is the de Ferrers Trust located?
    It is located in the UK.
  • How many students are there across all sites of the de Ferrers Trust?
    There are several thousand students across all sites.
  • How many employees are there at the de Ferrers Trust?
    There are numerous employees across the trust.
  • What types of jobs are available across the de Ferrers Trust?
    Various educational roles, administrative positions, and support staff jobs are available.
  • Why does the de Ferrers Trust advertise their vacancies in specific places?
    They advertise in places that attract qualified candidates and align with their recruitment strategy.
  • What does a job advertisement typically include?
    It includes job title, responsibilities, qualifications, and application instructions.
  • Why do vacancies arise within organizations?
    Vacancies can arise due to resignations, retirements, promotions, or organizational changes.
  • How does the de Ferrers Trust choose their recruitment methods?
    • Based on the role's requirements
    • Considering the availability of internal candidates
    • Evaluating the effectiveness of past recruitment strategies
  • What does a candidate have to fill in during the recruitment process?
    A candidate typically fills in an application form or submits a CV.
  • What does the de Ferrers Trust do pre-interview, during the interview, and post-interview?
    Pre-interview:
    • Review applications and shortlist candidates

    During the interview:
    • Assess candidates through structured questions

    Post-interview:
    • Provide feedback and inform candidates of the outcome
  • What is the percentage of employees employed at SMEs?
    61%
  • What is the purpose of recruiting new specialist workers?
    To help production, expansion, and division of labour
  • What is the first step in the recruitment process?
    Vacancy
  • What are the steps involved in the recruitment process?
    1. Vacancy
    2. Job analysis
    3. Internal/External
    4. Job advertisement
    5. Application
    6. Shortlisting
    7. Interview
    8. References
    9. Appoint
  • What does an employment agency provide to job seekers?
    A list of available positions based on their attributes and skills
  • What is one advantage of using an employment agency?
    Easy to get a job
  • What is a disadvantage of using an employment agency?
    Small portion of income lost
  • What are the advantages and disadvantages of internal job advertisements?
    Advantages:
    • Cheaper and quicker than external advertisements
    • Lesser impact on budget
    • Easier to share around

    Disadvantages:
    • Smaller pool of people
    • May miss very effective workers outside of the business
  • What are the advantages and disadvantages of external job advertisements?
    Advantages:
    • Showed to more people
    • Can hire new skills and personalities
    • Better reputation for the business

    Disadvantages:
    • Very expensive
    • Hard to target specifically
    • Time consuming
  • Why might older people prefer physical job advertisements?
    Because that was how jobs were found before
  • How does having enough staff contribute to business success?
    It allows proper division of work and access to specialist workers
  • What is the benefit of attracting high-quality staff?
    It allows for better skills employed and integration into higher positions
  • How does increasing staff retention benefit a business?
    It reduces spending on filling vacancies and improves skill sets
  • What is one way competition can lead to business success?
    It encourages innovation and drives sales
  • Why does Toyota have amazing reviews regarding their recruitment process?
    They value their workers and select long-term employees
  • What is a suggested method for integrating new employees into a job?
    Provide a cooling period of 2 weeks for adjustment
  • What is one way to help new employees adjust to their roles?
    Offering visual examples may be very helpful
  • What does SME stand for in the context of employment?
    Small and Medium Enterprises
  • How do online job advertisements differ from traditional methods?
    They reach a wider audience and are more accessible
  • What is the significance of job analysis in the recruitment process?
    It helps define the requirements and responsibilities of the position