4.2 - Recruitement And Election Of Employees Flashcards

1
Q

Diversification

A

Occurs when a business starts selling new products in markets

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2
Q

Retention

A

Is the proportion of a business’s workforce who remain with the business over a period of time, usually one year

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3
Q

Recruitment

A

Is the process of finding and appointing new employees

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4
Q

Selection

A

Choosing the right employees from among those who have applied for the job

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5
Q

Internal recruitment

A

Takes place when a job vacancy is filled from within the existing workforce

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6
Q

External recruitment

A

Is filling a job vacancy from anysuitable person not already e mployed by the business

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