100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
Chapter 4 business summary notes $4.31
Add to cart
Quickly navigate to
Preview
  2.  
  3. 12th Grade
  4.  
  5. Business Studies

Summary

Chapter 4 business summary notes

 3 views  0 purchase
  • Course
  • Business Studies
  • Institution
  • 12th Grade

With the lengthy and detailed extensive business textbook, it's often difficult to pinpoint and study what's important and of actual relevance, there notes have been made summarising everything that is important in the business chapter, and will assist you to achieve a distinction.

Preview 1 out of 13  pages

Document information

  • January 5, 2025
  • 13
  • 2024/2025
  • Summary

Subjects

  • summary

Written for

  • 12th Grade
  • Business Studies
  • 200
All documents for this subject (442)

Seller

avatar-seller
Usefulsummarytobuy

Content preview

In this chapter we’ll be looking at:
Manpower planning, recruitment process, selection process, placement, induction programs,
remunerations and employee benefits, training and skills development, employee evaluation,
Chapter 4: Human Resource/Capital Function
retention, Labour Relations Act, dispute resolution mechanisms and the different Acts (EE,
BBBEE, SDA, BCEA).

Instead of being seen as a resource within the business, employees are now seen as
assets with skills, knowledge, characteristics and attitudes that can be enhanced
with training and developement.



Manpower planning
Definition: Top-down approach of a strategic plan to achieve business goals.

It is the process to:
1)Estimate number of employees
2)Assess required employee skills
3)Calculate a time frame for the business
Done through:


Job analysis
Job description Job specification
tasks and
specifies: job title, job looks at qualifications
responsibilities of
summary, duties and required, skills and
each job in the
working conditions experience
business




Human Capital Function looks at the skills avalible and skills required, and uses the
recruitment and selection processes to eliminate that gap



Recruitment process
To hire competent talent through the most effective communication channels, for internal
and external recruitment

Transferring/promoting an existing employee
through

Internal recruitment = 1.Invite/word of mouth (based on skills,
qualifications and experience)
2.Post on intranet/notice board within the
business
3.HYBIRD: internal employees recommend an
external employee

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller Usefulsummarytobuy. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $4.31. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

50990 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 15 years now

Start selling
$4.31
  • (0)
Add to cart
Added