Recuritment and Selection

Task 6 (D1) It is very important for businesses to select the right candidates for the right job because selecting the wrong candidate for the job can cost the organisation both time and money because later the business may need to recruit new staff to do the effective job. Business success depends on the staff of the business, if staff is not good there is less chances for the business to succeed regardless of how good the products and services of the business are. Selecting the right candidate is not as easy as it may seem. Many factors have to be taken into considerations, such as has the candidate got the skills and experience to do the job? Has the candidate the relevant qualifications to do the job? Has the candidate got the abilities to work under pressure? All these factors must be taken into consideration before the candidate is selected for the job. There are ways companies can use to select the right candidate for the job. For example if five people have been short listed for an interview, the company can give them a role-play in which they have to perform a particular role. In role-play candidates might have to satisfy a dissatisfied customer by using their customer service skills. Candidates who can stay confident as well as calm while dealing with dissatisfied or rude customers should be offered the job. Those candidates who cannot perform well in the

  • Word count: 1549
  • Level: University Degree
  • Subject: Business and Administrative studies
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Investment Portfolio

Table of Contents Investment Portfolio 3 Markowitz 3 Specifying the Assets 4 Individual Securities 4 Equity Shares 4 J Sainsbury Plc 5 Travis Perkins 5 Carphone Warehouse Plc 5 Debt Security 5 Direct Saver Alliance and Leicester 6 Conclusion 7 Appendix 8 Bibliography 19 Investment Portfolio Client: Mrs Freda Weyl Investment Amount: £2, 50,000 Investment Period: 15 Years (2007-2022) This report is analysing your investment priorities which consisted of following points: * "Uncomfortable" with "very risky investments", but only acceptable if returns are increased. * You are keen to invest in up to three equity securities and debt securities. * She wants 10% of investment in deposit account, in order to receive regular income from this portfolio. * The possible markets you want to invest in are either European or US securities. Main aim of selecting range of different group of assets is to diversify the risk. I am going to construct this portfolio according to Markowitz portfolio selection. Markowitz The portfolio theory tries to reduce risk by spreading funds over several investments. Portfolio theory allows investors to estimate both the expected risks and returns for their investment portfolios 'It is not possible to reduce the variance by investing in several securities.'1 At the same time avoiding investing in securities with high covariance.

  • Word count: 2298
  • Level: University Degree
  • Subject: Business and Administrative studies
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Sources of Finance

Managing Finance Cost of Finance Contents Page Page Introduction 3 Sources of finance Share capital 3 Bank loan 3 Start up fees 3 Retained earnings 3 Joint venture 4 Cost of long term finance 4 Users of the Financial Information - Shareholders / investors 5 - Employees 6 - Lender 6 - Suppliers and customers 6 - Government 7 - The public 7 Task A - Location A 7 Location B 8 Task B - Importance of financial planning 9 Long and short term plan 9 Conclusion 11 Reference and Bibliography 12 Introduction In this assignment we will be evaluate different type of cost of sources of finance available for ACB Training Ltd, how the cost associated with different type of financing options available, how the cost impact on the financial statement, how different finance resources reported in the balance sheet, identifying the users of financial information and how the business will successfully met the need of all the users. Sources of finance Definitions: Share Capital - is money invested in the firm, this is not repaid to the investors in the normal course of business. It represents the risk capital staked by the owners through purchase of the firm's common stock (Ordinary shares). On the balance sheet of the firm, share capital is

  • Word count: 2304
  • Level: University Degree
  • Subject: Business and Administrative studies
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South African Breweries

SOUTH AFRICAN BREWERIES Executive summery: SAB is one of the major beer and beverage companies in the world. In 2001 SAB was the fifth largest brewer in the world and the fastest growing brewer from 1996 to 2000. In 2002 SAB become the second largest brewer in the world by volume with exposure to both developed and developing markets and operates 111 breweries. (sabmiller.com) After acquiring 100% of Miller Brewing Company, the second largest brewer in the United States of America, from Altria Group, Inc. (formerly Philip Morris Companies Inc. Following this acquisition, the group changed its name to SABMiller plc. SAB leads the beer market with Castle lager in South Africa; however its wider portfolio included various brands: SAB, SABI Asia, SAB Europe and other beverages interests such as bottling plants, Soft drinks, Juices and Sparkling water. It also runs Southern Sun Hotels Casinos throughout South Africa. Since 1995 SAB has commenced brewing operations in a further 5 African countries, 3 Chinese provinces and 4 eastern European countries. And it intends to continue to protect and further develop its South Africa operations. I will divide the history of SAB to three periods, The growth period, The diversification period and the core period which SAB has experienced and faced The growth period:

  • Word count: 5769
  • Level: University Degree
  • Subject: Business and Administrative studies
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Assess the view that the development of global financial markets has been the principal source of globalisation.

GV2511 - Essay 2 Assess the view that the development of global financial markets has been the principal source of globalisation. In so far as the contemporary "globalising" world has derived its characteristics from the era of telephony and long-distance communications, there is not much to say about the emergence of the global financial market as the lead player in its evolution. However, the impetus given by the invention of these methods only took the fledgling international scene to a particular stage in its evolution: the thirst for profit and its subsequent implications for the world of monetary transactions provided the foundations for the global arena as we know it today. Globalisation has taken off predominantly in the last century, with the main fuel being sources of lucrative investment opportunities and the reduction of capital-penalising regulation (e.g. corporation tax and transaction costs). Yet the wider implications of the growth in the financial architecture on the "global state" are more devious than would at first appear, and it is the aim of this essay to describe the circumstances of its rise and the state of affairs as we see them today, in what is a truly integrated market. The International Economic Order was set up originally as a response to the expansion in trade and underpinned by a system of stable exchange rates. It has been designed to

  • Word count: 1657
  • Level: University Degree
  • Subject: Business and Administrative studies
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Ryanair case study.

UNIVERSITY OF HERTFORDSHIRE THE BUSINESS SCHOOL BUSINESS STRATEGY 3BUS0014 LESLIE FITZHUGH COURSEWORK: RYANAIR CASE STUDY BY: SARAH ANTONY LIDYAH GUNARATNAM VIGITHA KIRITHARAN SAADIA PERVEZ JOSEPHINE HAND IN DATE: 04/12/2003 2:30 Brief Introduction About Ryanair (See appendix A for a complete breakdown of Ryanair's history and future plans) Ryanair was launched in 1985 with a daily flight between Waterford and London Gatwick. A year later, Ryanair broke the cartel of Aer Lingus and BA on the Dublin to London route. Over the next 3 years, Ryanair expanded rapidly. Under a new management team, a major overhaul of the airline was undertaken in 1990/91 and was relaunched as the first of the new breed of 'low fares/no frills' airline. Ryanair is Europe's largest low fare airline with 76 low fare routes to 13 countries in Europe carrying over 12 million passengers. It is the second largest scheduled airline in the UK in terms of passenger carryings. (Key Note Ltd 2002) * In January of this year, 2003, Ryanair announced that they had ordered another 100 new Boeing 737-800 series aircraft. * Also announce their takeover of the low-fares airline, Buzz from KLM and they plan to turn around the loss of £0m euros that Buzz is facing. * In February, they opened a new base in Italy. * In April, another base was opened in Sweden with six new routes. *

  • Word count: 4919
  • Level: University Degree
  • Subject: Business and Administrative studies
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The UK and the Euro in 2003

The UK and the Euro in 2003 On January 1, 1999, a single European currency (the euro) was introduced in 11 European Union countries: Austria, Belgium, Finland, France, Germany, Ireland, Italy, Luxembourg, Netherlands, Portugal and Spain. Greece joined the single currency on January 1, 2001. Britain, Denmark and Sweden being the EU nations that did not adopt the Euro. On January 1, 2002, euro banknotes and coins replaced the national currencies of the twelve participating European countries. At this time the British government declared that before they would fully integrate into the EMU that a national referendum would need to be held following the completion of five economic tests. The Chancellors 5 economic tests set back in 1997 are: 1 * Sustainable convergence between Britain and the economies of a single currency; * Whether there is sufficient flexibility to cope with economic change; * The effect on investment; * The impact on Britain's financial services industry; * Whether it is good for employment Each test assesses whether the British economy will benefit or suffer from the move Throughout this year it was known that a referendum would not be called as Prime Minister Tony Blair had already ruled this out before the start of the year, even if the five economic tests were met in 2003. It was his feeling that there was still too much resentment

  • Word count: 1126
  • Level: University Degree
  • Subject: Business and Administrative studies
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