ENTREPRENEURIAL OPPORTUNITIES
IDENTIFYING AND EVALUATING BUSINESS OPPORTUNITIES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Employment Law.
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Human Resources Design.
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Recruitment and Selection.
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Human Resource Planning.
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Detailed explanation-1: -HRP starts by assessing and auditing the current capacity of human resources. Here, identifying a company’s skill set and targeting the skills a company needs enables it to strategically reach business goals and be equipped for future challenges.
Detailed explanation-2: -The first and foremost step is to determine the objective for the process to carried on. The objective should be defined precisely, so that right number of people for the right kind of job are selected.
Detailed explanation-3: -It involves addressing specific needs within the organization, based on the company’s strategic direction. The first step in HR planning is determining current and future human resource needs. In this step, current employees, available employees in the market, and future needs are all analyzed and developed.