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Business Studies IGCSEPDF 69
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Providing legal and financial advice.
Main Stages:
Recruitment: finding suitable candidates.
Selection: choosing the best one.
Recruitment methods:
Internal: promoting or transferring existing employees.
✅ Cheaper, quicker, motivates staff.
❌ Limits new ideas.
External: advertising outside the business.
✅ New ideas, wider pool.
❌ More costly, longer process.
Disadvantages:
For employers: risk of strikes and higher labour costs.
For employees: union fees, possible conflict with management.
Advantages:
For employees: protection, fair pay, support in grievances.
For employers: one communication channel, structured negotiations.
2.3 Recruitment, Selection, and Training of
Employees
2.3.1 Recruitment and Selection