Multiple choice

Directions: Answer the given question based on the following passage:

In recent times there has been a major shift in HR operations in some global corporations towards applying the best of available talent that makes them to beat the market competition with renewed interest and enthusiasm. Also the amount of research being available now on HR and their direction to the growing business issues attract the attention of strategists. Rather than going for new talent acquisition that involves an additional cost, some companies are focusing more on management of internally available talent by drawing new work profiles and revamping their job description/specification and business processes.

What is the underlying idea of the passage?

  1. To manage the internally available talent by suitably altering job profiles

  2. To beat the market competition with renewed interest and enthusiasm

  3. To cut corners to save on additional cost incurred on hiring of new talent

  4. To show that internally available resource is enough to beat the market trend

  5. To demonstrate that there is no real substitute to hiring from market
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Given the enormous cost of hiring fresh talent from the market, it is desirable to manage the internally available talent by changing/altering/modifying the job profiles to suit the requirement.

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