Business Administration 2.docx - Business Administration 1 Write a note on staffing Answer Staffing is a critical organizational function which consists

Business Administration 2.docx - Business Administration 1...

This preview shows page 1 - 2 out of 3 pages.

Business Administration 1. 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 positive impacts on the effectiveness of the organization. It is one of the significant functions of the management. In an organization, it is the people which carry out the various jobs which are needed for its functioning. 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 the staffing function of the management is an important function and it involves in the building of the organizational workforce. In staffing, the management is faced with the challenge of not only finding the right person for each job but also to match the personnel with the jobs identified and to provide for their long-range growth and welfare as members of the organization. The first step in the process of staffing is to understand the job requirements. It is concerned with 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 products correctly and that can enhance how much you sell, creating the foundation for a business that will prosper. Get your pricing strategy wrong and you may create problems that your business may never be able to overcome.
Image of page 1
Image of page 2

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture