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Q. What do you mean by Application pool ?
Application pool: whatever the method of recruitment is adopted, the ultimate objective is to attract as many candidates as possible so as to have flexibility in the selection. When the sources of the recruitment are contacted, the organization receives applications from prospective candidates. The number of applicants depends of the type of organization, the type of jobs, and the conditions in a specific human resource market. For example in case of Indian Civil Services, the number of applicants runs into many 1000s. In the corporate sector, an organization sector can expect more number of applications when it advertises for the positions of the management / executive trainees as compared to when it advertises for experienced personnel. Similarly the number of applicants depends on the image of the organization. An organization having better perceived image is able to attract more number of applications. Various applications received for a particular job are pooled together which become the basis for selection process.
1. In 1982 it seems the company will have to downsize. What are the factors that are forcing the company to make that decision? (10 marks)
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"effective hrm depends upon sound reward system/comment
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