Recruitment and Selection: Analysis of M&S for Business Expansion

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Added on  2023/01/19

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This report examines the significance of recruitment and selection in facilitating business expansion, particularly within emerging markets, using Marks & Spencer (M&S) as a case study. The research explores the correlation between recruitment and selection practices and the impacts of globalization on business growth. The report identifies key stakeholders, including employees, investors, and participants, and provides recommendations for optimizing recruitment and selection strategies to capitalize on globalization. The findings emphasize the importance of experienced employees and revised strategies to maximize the benefits of global expansion. The report concludes that effective recruitment and selection are critical for maintaining a competitive edge and reaching a wider consumer base, ultimately enhancing revenue for businesses operating in global markets. The report also includes references to relevant academic sources.
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RESEARCH
PROJECT
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Table of contents
Introduction
Aims and objectives
Finding to Stakeholders
Recommendations
References
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Introduction
Recruitment and selection refers to process of determining
requirement of job, determining needs of position and selecting
appropriate person for vacant job position. These two are the
necessary functions of human resource. Recruitment is overall
process of short-listing, attracting, choosing and also appointing
the suitable persons job jobs within companyselection is process
of choosing right candidate who is suitable for vacant job
position in company.
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Research Aim
Aim
To determine importance of recruitment and selection for
business expansion in emerging market.” A study in Marks &
Spencer, Wembley central, London.
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Research Objectives
To examine relation between recruitment and selection and
globalisation.
To determine positive/negative influence of globalisation on
business expansion of M & S in emerging market.
To revise R & S strategy by M & S to achieve maximum
benefit/advantage from globalisation.
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Findings to Stakeholders
Stakeholders are those people which take interest in
organisational activities and give their participation in
organisational success. They have interest in research and
affected through outcomes. The main stakeholders of research
are employees, investors, Volunteers, participants etc. It is
necessary for company to give effective outcomes to
stakeholders so that they can take interest in activities and
project of company.
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Recommendation
Marks & Spencer should hire the experienced employees so
that it can have experience to conduct the business
functions effectively.
There is a need to Marks & Spencer to revise its recruitment
and selection strategies to gain more benefit from
globalisation.
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Conclusion
From the above PPT It has been concluded that globalisation is one of
major attribute for an organisation to remain always competitive by
accessing changing needs of consumers. For an organisation for
gaining competitive advantage they have to optimise opportunities such
as going global. With respective opportunity organisation can reach at
large no. of potential consumers that enhances their revenue.
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References
Agnihotri, A. and Bhattacharya, S., 2015. Determinants of export
intensity in emerging markets: An upper echelon perspective.
Journal of World Business. 50(4). pp.687-695.
Alkire, T. D. and Avey, J. B., 2013. Psychological capital and the
intent to pursue employment with developed and emerging market
multinational corporations. Human Resource Development
International. 16(1). pp.40-55.
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Thank you
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