MGM101H5 Study Guide - Midterm Guide: Job Sharing, Telecommuting, Business Ethics

Organizations can use internal recruitment and external recruitment activities to find the best employees for a position. Describe these two approaches and provide one advantage for using each approach. (4 marks) One mark for each correct description and an additional mark for providing an advantage: External - candidates are sought from outside of the organization (not current employees) through methods such as want ads, head hunters (recruiters), job fairs, on-campus recruiting, etc Advantage - allows firms to acquire new perspectives, expertise, and capabilities that they do not currently possess. Internal - recruits candidates from within the organization (current employees) though internal postings, newsletters and promoting employees through management recommendations. Less expensive, ability already known, fosters loyalty and increases motivation (shermerhorn page 287) Describe two initiatives that a company can take to help its employees to balance work with their lives? (2 marks) One mark each for proper description of any two appropriate initiatives including: