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Business Studies

Merits and Limitations of Internal Sources

Which of the ...

Question

Which of the following are merits of internal sources?

A

Employee motivation

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B

No induction training

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C

Inexpensive

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D

All of the above

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Solution

The correct option is D
All of the above

Employee motivation, no induction training and inexpensive are all merits of internal sources.

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Q. Rajiv is working as Personnel Manager in a company. The speciality of the company is that financial position of all the employees is good. The employees working here are honest, punctual and hardworking. The CEO of the company asked him to suggest a method of motivation. The CEO asked him to suggest a method which is happily accepted by all the employees.
Rajiv spoke to many employees in this connection. Some employees suggested give more importance to individual autonomy, another suggested good performance should be appreciated another group suggested to award, certificate, trophies to recognise the good performance. Mr. Rajiv mixed all and suggested a method of motivation to CEO. The CEO happily accepted that and it was immediately implemented. Within few days the company's growth rate appeared to have become fast.
(a) Identify the functions of management indicated in the above paragraph.
(b) Which motivation methods were suggested by different group of employees.
(c) Which motivation method combine all the above stated and was suggested by personnel manager.
(d) State the values followed by Rajiv.

Q. How are employees motivated to improve their performance when the organisation uses internal sources of recruitment?State.

"Internal sources of recruitment are better than external sources of recruitment." Explain the following three reasons in support of this statement.

(i) Sense of security.

(ii) Labour turnover and costs are reduced.

(iii) No need of induction and training.

Q. Which of the following works as a motivation for an employee to work in an organisation?

Q. All include merits of internal source of recruitment expect _________.

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Merits and Limitations of Internal Sources

Standard XII Business Studies

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