The macro environment examines the general business climate as it relates to the organization, but has nothing to do with the organization itself.
HR should maintain the timeliness of the process Lack of motivation Recruitment is considered to be a thankless job. In an already saturated job market, where the practices like poaching and raiding are gaining momentum, HR professionals are constantly facing new challenges in one of their most important functionrecruitment.
However we see that in case of Telecom Industry the buyers are in huge number and scattered throughout the country that is the buyers in this case are fragmented and as a result the power of buyers to bargain from the supplier decreases to a great extent.
Economic factors like current and anticipated economic growth, interest rate, inflation, cost of labor, disposable income and distribution of income etc collectively comprise economic environment. Micro Environment: Internal environment 2.
Growth is dependent on the market customers and technological advancements. Bypeople had stopped cutting on their telecom expenses. Process analysis The immediacy and speed of the recruitment process are the main concerns of the HR in recruitment.