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Distinguish between internal and external sources of recruitment. - Commerce

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Distinguish between internal and external sources of recruitment.

Compare the internal and external sources of recruitment.

Distinguish Between
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Solution

Sr. No. Basis of Distinction Internal sources of recruitment External sources of recruitment
1. Meaning This involves filling job openings with current staff from within the organisation. Involves filling job openings with individuals from outside the organisation.
2. Methods Promotion, transfers, Internal job postings and Employee referrals. Job portals, Employment agencies, Campus recruitment, Walk-in interviews, Social media and Advertisements.
3. Advantages Cost-effective, Faster process, Employee morale and Cultural fit. Larger pool, Fresh perspectives, Specialized skills and Competitive edge.
4. Disadvantages Limited pool, Internal conflict and Skill gaps. Higher cost, Longer process, Cultural fit and Risk of turnover.
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Sources of Recruitment
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Chapter 10: Recruitment, Selection and Training - QUESTION BANK [Page 167]

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Goyal Brothers Prakashan Commercial Applications [English] Class 10 ICSE
Chapter 10 Recruitment, Selection and Training
QUESTION BANK | Q 2. | Page 167
Goyal Brothers Prakashan Commercial Applications [English] Class 10 ICSE
Chapter 10 Recruitment, Selection and Training
EXERCISES | Q 8. | Page 166
C. B. Gupta Commerce Volume 2 [English] Class 12 ISC
Chapter 10 Staffing
QUESTION BANK | Q 7. | Page 307

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