Arrange the following steps of staffing function of management in correct sequence. (A) Recruitment (B) Selection (C) Placement and Orientation (D) Training and Development (E) Performance Appraisal
(A), (B), (C), (D), (E)
The staffing function is a crucial part of management that involves finding the right people for the right jobs. It's a continuous process that ensures the organization has competent personnel. Understanding the correct sequence of steps in the staffing function is essential for effective human resource management.
The typical and logical sequence of steps involved in the staffing function of management is as follows:
This sequence represents a natural flow from identifying the need for employees to their integration, development, and evaluation within the organization.
Let's look at the provided options based on the standard steps of the staffing function:
Based on the analysis, the sequence (A), (B), (C), (D), (E) correctly represents the typical order of steps in the staffing function of management.
| Step Code | Step Description | Position in Sequence |
|---|---|---|
| (A) | Recruitment | 1st |
| (B) | Selection | 2nd |
| (C) | Placement and Orientation | 3rd |
| (D) | Training and Development | 4th |
| (E) | Performance Appraisal | 5th |
| Step | Activity |
|---|---|
| Recruitment | Finding and attracting applicants |
| Selection | Choosing the best candidate |
| Placement & Orientation | Assigning job and introducing to company |
| Training & Development | Improving skills and preparing for future |
| Performance Appraisal | Evaluating job performance |
The staffing function is vital for an organization's success. It ensures that the organization has the right number of people, with the right skills, in the right jobs, at the right time. Effective staffing leads to:
Staffing is closely related to Human Resource Management (HRM) and is often considered a core HRM function. It involves forecasting human resource needs, analyzing jobs, and managing the flow of employees into, through, and out of the organization.
Arrange the steps of the process of controlling in correct sequence.
(A) Analysing deviations
(B) Taking corrective actions
(C) Setting performance standards
(D) Measurement of actual performance
(E) Comparison of actual performance with standards
Choose the correct answer from the options given below:
Which factors are to be considered while determining Fixed Capital, out of the following?
(A) Technology upgradation
(B) Diversification
(C) Credit allowed by suppliers
(D) Operating efficiency
(E) Seasonal factors
Match List-I with List-II
| List-I | List-II |
|---|---|
| (A) Capital structure | (I) Flotation cost |
| (B) Working capital | (II) Cost of equity |
| (C) Fixed capital | (III) Return on investment |
| (D) Capital budgeting | (IV) Production cycle |
Identify, which of the following is not an objective of SEBI.
Which of the following statement is incorrect regarding Modern Techniques of controlling?