Business Administration1.Write a note on staffing Answer:Staffing is a critical organizational function which consists of the process of acquiring,deploying, and retaining a workforce of sufficient quantity and quality to create positiveimpacts on the effectiveness of the organization. It is one of the significant functions of themanagement.In an organization, it is the people which carry out the various jobs which are needed for itsfunctioning. They are the most important resource of the organization. They supply the talent,skills, knowledge, and experience to achieve the organizational goals and objectives. In fact,the performance of the organization largely depends on the quality of its people. Hence thestaffing function of the management is an important function and it involves in the buildingof the organizational workforce. In staffing, the management is faced with the challenge ofnot only finding the right person for each job but also to match the personnel with the jobsidentified and to provide for their long-range growth and welfare as members of theorganization.The first step in the process of staffing is to understand the job requirements. It is concernedwith determining two aspects namely (i) the number, and (ii) the type of personnel required.This can be done by preparing a human resource plan in the organization.Four building blocks for the staffing function the organization are (i) the division of work, (ii)the departmentalization, (iii) the hierarchy, and (iv) the coordination.2.Discuss pricing of the product Answer:One of the secrets to business success is pricing your products properly. Price your productscorrectly and that can enhance how much you sell, creating the foundation for a business thatwill prosper. Get your pricing strategy wrong and you may create problems that your businessmay never be able to overcome.