MGT501 ASS sol

 ANSWER OF QUESTION NO ONE:

The second strategy(hire the local people of the country where they are operating) is the best strategy for the company.

ANSWER OF QUESTION NO TWO

THE RATIONALE OF CHOOSING this strategy:

The internal recruitment is the most favorite source of candidates in the stable and developed companies and the parent employees generally feel that they deserve opportunities to be promoted to higher _ level positions because of their service and commitment to organization.There are some advantages.

ADVANTAGES:

1) It is good public relations.

2) It builds morale.

3) It encourages good individuals who are ambitious.

4) It improve the probability of good selection, because information on the on the individual’s performance is readily available.

5) It’s most favorite benefit is that it is less costly than outside to recruit.

6) Those chosen internally already know the organization.

7) When carefully planed, promoting from within can also act as training device for developing middle and top level managers.

Otherwise if organization chooses the other strategy:

Ø In this way the organization destroys incentives of present employees

Ø It is more expensive and time consuming.

Ø More chances to commit hiring mistakes due to difficult applicant assessment that will lead to wastage of resources.

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