Evaluation of recruiting through internal sources

Hiring through internal recruitment sources is less expensive and also faster method to recruit for an organization. Nevertheless there are also negative associated with internal recruitment. Internal sources of recruitment both have positive and negative side as well. So, let us evaluate and discuss advantage and disadvantage of internal recruiting sources:

Advantage of recruiting through internal sources:

1. Hiring internally are usually easy, quick and cheap as organization saves time and money on hiring recruitment agencies and advertisements to look for people.

2. In internal recruitment it is easier to access applicants because more information can be acquired.

3. You hire people with excellent expertise and comprehension of organization business and culture.

4. It keeps employees moral high and leads them to be motivated on the job. 

Disadvantage of recruiting through internal sources:

1. Recruitment through internal sources limits the number of new applicants and ideas or fresh prospectives to be introduced in organization.

2. It may affect the current work of candidates and can cause indignation amongst candidates not appointed. 

3. It leads to another opportunity created in an organization which is also needed to be filled. 

4. More politics, more infighting for promotion and more expectations.

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Best acknowledgement letter format for project

While writing projects often students are confronted with issue of how to write an acknowledgement letter for the project. Are you looking for a format of acknowledgement letter complete your project? Here are some tips and few samples of acknowledgement letter formats for project report. A project acknowledgement letter is the page which is which is utilized by the students to thank or indicate gratefulness to individuals helped them in researching, compilation and completion assigned project. 

An acknowledgement letter used in project is not a spot to thank people for general “love and support” type of assistance. It is advisable to only specific–naming the individual and the sort of assistance you gained in completion of project. It is advisable to add your project supervisor in your acknowledgement helped you conceptualize the project, someone who assisted with the actual building or procedures, knowledge and provided raw materials for the project work. An acknowledgement letter should be brief with double spacing and should not exceed one page.

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Four key components of services | Service Marketing

In service marketing elements such as ownership of physical goods and intangibility undoubtedly perform a critical role in maintaining successful and a happy customer. Services also have four key components: 

Physical product - This service component refers to anything which is transferred to the customer that can be touched. It is physical and can be touched. Ex. Clothes, Mobiles 

Service product - It is an important component for any service. It refers to service or performance received by the customer during customer service. It is an experience received in the service encounter associated with physical product. 

Service Environment – It refers the ambience and physical environment in which a service is offered. The appearance of the physical surroundings performs a critical role in maintaining successful service encounter. 

Service delivery – It refers to the internal process and flow of events which takes place in delivering a service. It consist customer interactions with operations and other customers.

Have you read study notes on Four Exclusive Characteristics of Service?

Do comment if you liked this article or if you have any questions.

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Project report of consumer behaviour for private and public sector banks

Consumer behaviour is the study of behaviour used in decision making while buying or not buying a product. This project report of consumer behaviour for private and public sector banks aims at examining the Consumer behaviour towards public & private sector banks. In this project an attempt is extended to compare the services of private and public sector banks. This study of consumer behaviour also research that how the Banks attract to customers for policies. It also helps in studying banking services of selected banks.

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Have you read study notes on Consumer Behaviour?


Also did you read project report for consumer behaviour?


Do comment if you liked this article or if you have any questions.

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Secrets for MBA students for getting jobs using job portals

MBA students often discover networking with job consultancies and current employees of potential employer as probably one of essential, so far the best beneficial reference for their employment prospect. However job portals have been proved as effective source for landing a job to graduates. MBA students should know how the job seeking profile should be designed to assist them in identifying through the pool of MBA’s to increase the chances of landing a job. Review these tips to ensure your job search is on the right track. 

Fix right keywords: Functional skills, designation, relevant qualifications and experience, are always considered as important key words and recruiters identify candidates online simply by searching specific keywords which are relevant to their job requirement. For example if you’re specialized in purchase you should add words like Purchase, Procurement, Material Handling, SCM, Vendor Negotiation etc. in your job seeking profile. You can research right keywords through viewing various requirement posted by employers in job portals or newspapers. 

Complete profile: Usually students just fill the mandatory fields. You should always complete your profile 100% as it would provide you more chance to get a call fast. For this you need to fill out all given fields. 

Be specific and accurate: Don't be all over, choose you preferences honestly considering where you have interest, knowledge and experience. You need to review what you’re looking for in a job, what you're best at, what you’re looking to do and the way are you going to advantage a company. 

Highlight differences: Be sure to highlight the difference you have from others. If you have traits, and experience relevant to the position for which you are applying ensure to include it in your profile. 

Always be reachable: I guess none of us worry about being inundated by recruiters, so ensure all your contact details are updated whether your mobile or land-line numbers, or email. 

Keep on updating: Often update your profile and resumes, irrespective of how small it is. Ensure to make changes regularly to keep your resume active and on the top searches made by recruiters.

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