Business functions by JAMES FLITCROFT https://padlet.com/jamesflitcroft/7311rmypnw71af2 en-us 2023-09-21 19:18:08 UTC 2023-09-22 03:58:36 UTC hello@padlet.com Inputs jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715173767 Inputs are the resources used in the transformation (production) process. 

Inputs can be classified as either 'transformed' or 'transforming' resources.]]> 2023-09-21 19:19:52 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715173767 Operations jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715186481 Operations refers to the business processes that involve transformation or, more generally, ‘production’]]> 2023-09-21 19:32:10 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715186481 Tangible products jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715187003 Products that you can physically touch]]> 2023-09-21 19:32:40 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715187003 Intangible products jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715187183 Products that you are not able to touch (e.g. services)]]> 2023-09-21 19:32:50 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715187183 Transformed resources jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715188045 Inputs that are changed or converted in the operations process; they are transformed by the operations process

Includes materials, information and customers]]> 2023-09-21 19:33:11 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715188045 Transforming resources jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715188160 Inputs that carry out the transformation process e.g human resources and facilities]]> 2023-09-21 19:33:17 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715188160 Transformation jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715188658 Is the conversion of inputs into outputs. Sony, for example, takes plastic, metal, glass and electronic parts, and transforms them into numerous electronic products]]> 2023-09-21 19:33:45 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715188658 Outputs jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715189014 Outputs are the finished goods or services of the production process]]> 2023-09-21 19:34:06 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715189014 Quality jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715189247 quality the degree of excellence of
goods or services and their fitness
for a stated purpose
]]> 2023-09-21 19:34:23 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715189247 Quality management jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715189381 quality management the strategy
which a business uses to make sure
that its products meet customer
expectations
]]> 2023-09-21 19:34:32 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715189381 Quality control jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715189818 quality control the use of
inspections at various points in
the production process to check
for problems and defects
]]> 2023-09-21 19:34:57 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715189818 Quality assurance jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715189889 quality assurance the use of a
system so that a business achieves
set standards in production
]]> 2023-09-21 19:35:01 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715189889 Quality improvement jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715189957 Quality improvement focuses on two aspects: total quality management and continuous improvement.


]]> 2023-09-21 19:35:06 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715189957 Extended marketing mix jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715191290 2023-09-21 19:36:20 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715191290 E-commerce jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715191534 e-commerce refers to the buying and selling of goods and services via the internet]]> 2023-09-21 19:36:35 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715191534 Distribution channel jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715191727 distribution channels ways of getting the product to the customer.

It consists of:
1. Producer to customer
2. Producer to retailer to customer
3. Producer to wholesaler to retailer to customer]]> 2023-09-21 19:36:48 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715191727 Place jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715191788 Place or distribution activities that make the products available to customers when and where they want to purchase them.]]> 2023-09-21 19:36:52 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715191788 Advertising jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715192032 Advertising is the practice and techniques employed to bring attention to a product or service. Advertising aims to put a product or service in the spotlight in hopes of drawing it attention from consumers.]]> 2023-09-21 19:37:08 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715192032 Publicity jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715192238 In marketing, publicity is the public visibility or awareness for any product, service, person or organization. It may also refer to the movement of information from its source to the general public, often via the media. ]]> 2023-09-21 19:37:20 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715192238 Public relations jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715192321 Public relations is the practice of managing and disseminating information from an individual or an organization to the public in order to influence their perception. Public relations and publicity differ in that PR is controlled internally, whereas publicity is not controlled and contributed by external parties.]]> 2023-09-21 19:37:24 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715192321 Sales promotion jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715192417 Sales promotion is one of the elements of the promotional mix. The primary elements in the promotional mix are advertising, personal selling, direct marketing and publicity/public relations.]]> 2023-09-21 19:37:30 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715192417 Personal selling jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715192490 Personal skills , called interpersonal or people skills, are a type of soft skills related to how a person interacts with other people and the surrounding environment. Personal skills can be more challenging to learn. Some of them are communication, problem-solving, flexibility, and dependability.]]> 2023-09-21 19:37:35 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715192490 Relationship marketing jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715192575 Relationship marketing is a form of marketing developed from direct response marketing campaigns that emphasizes customer retention and satisfaction rather than sales transactions.]]> 2023-09-21 19:37:40 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715192575 Promotion jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715192771 In marketing, promotion refers to any type of marketing communication used to inform target audiences of the relative merits of a product, service, brand or issue, most of the time persuasive in nature.]]> 2023-09-21 19:37:51 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715192771 Cost-based pricing jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715192933 A pricing method derived from calculating the total cost of producing or purchasing a product and then adding a mark-up for profit.

Example- Walmart and Ryanair]]> 2023-09-21 19:37:59 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715192933 Market-based pricing jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715193041 A method of setting prices according to the interaction between the levels of supply and demand — whatever the market is prepared to pay 

Example- Cell phone market]]> 2023-09-21 19:38:06 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715193041 Competition-based pricing jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715193138 Choosing a price that is either below, equal to or above that of the competitors.

Example - Rolex charging higher prices than other watch companies to create a perception of quality and luxury]]> 2023-09-21 19:38:12 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715193138 Product branding jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715193498 Brand refers to a name, term, symbol or design that identifies a specific product and distinguishes it from its competitors]]> 2023-09-21 19:38:34 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715193498 Packaging jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715193633 Packaging involves the development of a container and
the graphic design for a product.

Tasteful packaging can create an image of luxury, sensuality and exclusiveness, helping to promote the product]]> 2023-09-21 19:38:43 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715193633 Product jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715193770 What is offered and proposed to sell, a good or service that can be bought and is sold by a business]]> 2023-09-21 19:38:51 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715193770 Marketing mix jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715194113 A marketing mix includes multiple areas of focus as part of a comprehensive marketing plan. The term often refers to a common classification that began as the four Ps: product, price, placement, and promotion. Effective marketing touches on a broad range of areas as opposed to fixating on one message. ]]> 2023-09-21 19:39:10 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715194113 Niche market jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715194315 A niche market is the subset of the market on which a specific product is focused. The market niche defines the product features aimed at satisfying specific market needs, as well as the price range, production quality and the demographics that it is intended to target. It is also a small market segment.]]> 2023-09-21 19:39:21 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715194315 Market segmentation jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715194615 Market segmentation occurs when the total market is subdivided into groups of people who share one or more characteristics based on four elements or dimensions: demographic, geographic, psychographic and behavioural.]]> 2023-09-21 19:39:40 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715194615 Mass market jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715194777 The term "mass market" refers to a market for goods produced on a large scale for a significant number of end consumers. The mass market differs from the niche market in that the former focuses on consumers with a wide variety of backgrounds with no identifiable preferences and expectations in a large market segment.]]> 2023-09-21 19:39:50 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715194777 Target market jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715194916 A target market is group of customers with similar characteristics who presently, or who may in the future, purchase the product. Most businesses select specific groups of customers on which to concentrate their marketing efforts.]]> 2023-09-21 19:39:59 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715194916 Marketing jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715195166 A total system of interacting activities designed to plan, price, promote and distribute products to
present and potential customers

Comprised of the 4 p's: Product, price, promotion, and place]]> 2023-09-21 19:40:14 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715195166 Accounting equation jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715199266 Assets - Liabilities = Owner's equity]]> 2023-09-21 19:44:05 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715199266 Owner's equity jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715199510 2023-09-21 19:44:18 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715199510 Liabilities jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715199913 2023-09-21 19:44:44 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715199913 Assets jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715200144 2023-09-21 19:44:56 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715200144 Current assets jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715200226 2023-09-21 19:45:02 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715200226 Non-current assets jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715200349 2023-09-21 19:45:09 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715200349 Current liabilities jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715200491 2023-09-21 19:45:19 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715200491 Non-current liabilities jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715200592 2023-09-21 19:45:26 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715200592 Balance sheet jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715200886 2023-09-21 19:45:46 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715200886 Net profit jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715201162 Net profit = Gross profit - Total expenses

Shown on income statement]]> 2023-09-21 19:46:04 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715201162 Gross profit jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715201225 Gross profit = Revenue - COGS

Shown on income statement]]> 2023-09-21 19:46:08 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715201225 Cost of goods sold (COGS) jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715201299 2023-09-21 19:46:13 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715201299 Expenses jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715201519 2023-09-21 19:46:28 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715201519 Revenue jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715201569 2023-09-21 19:46:31 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715201569 Income statement jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715201717 2023-09-21 19:46:39 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715201717 Cash inflows (receipts) jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715202159 2023-09-21 19:47:05 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715202159 Cash outflows (payments) jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715202341 2023-09-21 19:47:11 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715202341 Liquidity jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715202422 2023-09-21 19:47:17 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715202422 Cash flow statement jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715202544 2023-09-21 19:47:25 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715202544 Financial statements jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715203577 2023-09-21 19:48:39 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715203577 Finance jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715203642 2023-09-21 19:48:43 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715203642 Unfair dismissal jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715204069 2023-09-21 19:49:08 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715204069 Dismissal on notice jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715204272 2023-09-21 19:49:21 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715204272 Summary dismissal jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715204361 2023-09-21 19:49:27 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715204361 Dismissal jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715204566 2023-09-21 19:49:40 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715204566 Involuntary separation jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715204841 2023-09-21 19:49:58 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715204841 Redundancy jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715205146 2023-09-21 19:50:18 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715205146 Resignation jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715205475 2023-09-21 19:50:29 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715205475 Voluntary separation jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715205594 2023-09-21 19:50:36 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715205594 Separation jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715205865 2023-09-21 19:50:52 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715205865 Individual common law contracts jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715206031 2023-09-21 19:50:59 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715206031 Enterprise agreements jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715206298 An enterprise agreement provides an opportunity for employers and employees
within a particular business or enterprise to negotiate a set of conditions that
improve on the standards in an award.]]> 2023-09-21 19:51:16 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715206298 Awards jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715206341 Awards have been the traditional means of establishing working conditions for employees. An award is a legally
binding agreement that sets out the minimum wages and conditions for a group of employees. Modern awards
came into effect on 1 January 2010. The ten matters that can be included in modern awards are listed in table
8.10. Some businesses will provide above-award payments, especially if they wish to attract more workers to
their firm or if they want to hold on to their existing staff. Awards have the following advantages. They:
• set a minimum for pay and conditions
• cover all employees performing a similar job.]]> 2023-09-21 19:51:20 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715206341 National Employment Standards jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715206428 The National Employment Standards (NES) are the minimum standards of employment which cover the following: Maximum weekly hours of work – 38 hours per week, plus reasonable additional hours. Requests for flexible working arrangements – certain employees can ask to change their working arrangements.]]> 2023-09-21 19:51:27 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715206428 Employment contract jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715206621 An employment contract or contract of employment is a kind of contract used in labour law to attribute rights and responsibilities between parties to a bargain.]]> 2023-09-21 19:51:41 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715206621 Job rotation jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715206808 Job rotation is a practice of regularly transitioning all employees between different jobs to ensure they gain exposure to various departments of the company while learning and improving their skill sets.]]> 2023-09-21 19:51:52 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715206808 Development jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715207142 Development is the process of preparing employees to take on more responsibilities in the future through
acquiring better knowledge and skills, and gaining more experience in a particular area. Developing staff often
involves training. It is interesting to note that many employees expect their business to provide them with
opportunities to grow and learn, and ultimately improve their employability.]]> 2023-09-21 19:52:14 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715207142 Training jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715207180 Training is teaching staff to perform their job more efficiently and effectively by
boosting their knowledge and skills.]]> 2023-09-21 19:52:16 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715207180 External recruitment jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715207481 External recruitment is used to find suitable applicants from outside the business]]> 2023-09-21 19:52:38 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715207481 Internal recruitment jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715207547 a business decides to appoint someone already within the business to a vacancy


]]> 2023-09-21 19:52:43 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715207547 Recruitment jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715207606 Recruitment involves finding and attracting the right people to apply for a job
vacancy using advertisements, employment agencies and word of mouth. Because
recruitment is such an important, yet expensive, activity, it should be performed
systematically.]]> 2023-09-21 19:52:47 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715207606 Acquisition jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715207957 Acquisition refers to the process
of attracting and recruiting the right staff for roles in a business.]]> 2023-09-21 19:53:07 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715207957 Human resource cycle jamesflitcroft https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715208060  the stages of an employees time in a particular organisation and the shifting roles the Human Resources function play in each of those stages.]]> 2023-09-21 19:53:13 UTC https://padlet.com/jamesflitcroft/7311rmypnw71af2/wish/2715208060