Question : Case Study 2:
XYZ Ltd. is a well-established pharmaceutical company that is planning to diversify its product range. The HR department is faced with the challenge of sourcing and training employees for the new divisions. Evaluate the following scenarios and choose the correct option:
Question:
XYZ Ltd. aims to fill higher-level positions by promoting employees who have consistently demonstrated exceptional performance. What process is being implemented here?
Option 1: Employee referrals
Option 2: Succession planning
Option 3: Recruitment
Option 4: Training and development
Correct Answer: Succession planning
Solution : The correct answer is (b) Succession planning
When XYZ Ltd. aims to fill higher-level positions by promoting employees who have consistently demonstrated exceptional performance, the process being implemented is succession planning. Succession planning involves identifying and developing internal talent to ensure that there are qualified individuals ready to step into key roles as they become vacant. In this case, the focus is on recognizing high-performing employees and preparing them for promotion to higher-level positions within the organization. Succession planning is a strategic approach to talent management that helps ensure a smooth transition of leadership and key responsibilities.
XYZ Ltd. believes in a decentralized approach to training, where employees can choose from a range of workshops based on their preferences. What term best describes this approach?
Option 1: Induction
Option 2: Employee referrals
Option 3: Employee turnover
Option 4: Employee engagement
To ensure that employees possess the necessary technical skills, XYZ Ltd. uses external training programs and workshops. Which aspect of staffing is this related to?
Option 1: Recruitment
Option 2: Selection
Option 3: Training and development
Option 4: Performance appraisal
XYZ Ltd. decides to hire employees who are already familiar with the company's operations and culture. Which source of recruitment should they focus on?
Option 2: External sources
Option 3: Internal sources
Option 4: Job portals
What is the main challenge for the HR department at XYZ Ltd. in this case?
Option 1: Reducing employee turnover
Option 2: Downsizing the organization
Option 3: Sourcing employees for new divisions
Option 4: Outsourcing HR functions
XYZ Ltd. plans to hire experienced professionals from other companies to bring in new perspectives. What source of recruitment is being utilized here?
Option 2: Internal sources
Option 3: External sources
Option 4: Campus placements
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