Think of it this way: Imagine a soccer team. A good coach doesn't just pick anyone. They select the best players, train them, and make sure they play effectively.
๐ Real-world example: Google is known for its rigorous hiring process. They don't just want to hire smart people, but those who'll fit into their culture and continue to grow with training & development.
Internal factors might include company culture, while external factors might be things like labor laws or market conditions.
๐ Real-world example: A tech startup in Silicon Valley (internal factor: rapid innovation culture) might have different HR strategies than a century-old bank in Europe (external factor: strict labor laws).
Dive deeper and gain exclusive access to premium files of Business Management HL. Subscribe now and get closer to that 45 ๐
Think of it this way: Imagine a soccer team. A good coach doesn't just pick anyone. They select the best players, train them, and make sure they play effectively.
๐ Real-world example: Google is known for its rigorous hiring process. They don't just want to hire smart people, but those who'll fit into their culture and continue to grow with training & development.
Internal factors might include company culture, while external factors might be things like labor laws or market conditions.
๐ Real-world example: A tech startup in Silicon Valley (internal factor: rapid innovation culture) might have different HR strategies than a century-old bank in Europe (external factor: strict labor laws).
Dive deeper and gain exclusive access to premium files of Business Management HL. Subscribe now and get closer to that 45 ๐