A Small Company Does Not Have Its Own HR Department

question 26

Essay

A small company does not have its own HR department to assist with recruitment. Identify and describe four types of agencies or firms they may be able to use to assist them with recruitment.

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Definitions:

Customer Problems

Issues or complaints that consumers face while using a product or service, often addressed by businesses through customer service or product improvements.

Exit Strategy

An exit strategy is a planned approach to withdraw from a business or investment, aiming to secure maximum gain or minimize loss, often considered by entrepreneurs and investors from the outset.

Financial Plan

A comprehensive evaluation and strategy that outlines an individual's or entity's current financial situation and future objectives.

Critical Risks

Significant potential challenges or threats that could have adverse effects on an enterprise's operations or success.