Identify and explain the concept of management discussed in the above para.

CBSE Business Studies class 12 question and answer | Identify and explain the concept of management discussed in the above para.

cbse

Identify and explain the concept of management discussed in the above para.

Ans.

The concept of management discussed in the above paragraph is:

  1. Staffing

Explanation:

  • Staffing is the process of acquiring, deploying, and retaining competent individuals to fill positions within an organization.

  • It involves identifying the manpower requirements, recruiting suitable candidates, training and developing employees, and ensuring optimal utilization of human resources.

  • Staffing ensures that the organization has the right people with the right skills in the right positions to achieve its objectives effectively.

  • It plays a crucial role in talent acquisition, employee development, and the efficient utilization of human resources, ultimately contributing to organizational success.