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Q. Show merits of external sources of recruitment?
Merits:
1. Wide choice: the organization has the freedom to select candidates from a large pool. Persons with requisite qualifications could be picked up.
2. Injection of fresh blood: people with special skill and knowledge could be hired to stir up the existing employees and pave the way for innovative ways of working.
3. Motivational force: it helps the motivating internal employees to work hard and complete with the external candidates while seeking career growth. Such a competitive atmosphere would help an employee to work to the best of his abilities.
4. Long term benefits: talented people could join the ranks, new ideas could find meaningful expression, a competitive atmosphere would compel people to give out the best and earn rewards, etc.
A DIAGRAM SHOWING THE FIVE STEPS IN THE SELECTION PROCESS
Q. Determining exchange ratios The amalgamation or merger schemes involve exchange of shares. The share holders of amalgamated company. It is very important that a rational rati
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