Which of these is defined as any practice or activity carried on by the organization with the?

  • School Fisher College
  • Course Title LA 204
  • Pages 9
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Any activity carried on by the organization with the primary purpose of identifying and attracting potential employees is referred to as recruiting. In human resource management, recruiting consists of any practice or activity carried on by the organization with the primary purpose of identifying and attracting potential employees. It thus creates a buffer between planning and the actual selection of new employees. Recruitment sources influence the kinds of job applicants an organization reaches. An organization’s personnel policies are its decisions about how it will carry out human resource management, including how it will fill job vacancies. These policies influence the nature of the positions that are vacant. According to the research on recruitment, it is clear that characteristics of the vacancy are more important than recruiters or recruiting sources for predicting job choice.Pay is an important job characteristic for almost all applicants. Organizations have a recruiting advantage if their policy is to take a “lead-the-market” approach to pay—that is, pay more than the current market wages for a job.Employment at will is an employment principle which holds that if there is no specific employment contract saying otherwise, the employer or employee may end an employment relationship at any time, regardless of cause.

Due-process policies formally lay out the steps an employee may take to appeal an employer’s decision to terminate that employee.Job applicants are more attracted to organizations with due-process policies, which imply greater job security and concern for protecting employees, than to organizations with employment-at-will policies.Besides advertising specific job openings, organizations may advertise themselves as a good place to work in general. Advertising designed to create a generally favorable impression of the organization is called image advertising.Job posting refers to communicating information about the vacancy on company bulletin boards, in employee publications, on corporate intranets, and anywhere else the organization communicates with employees.Job postings refer to the process of communicating information about a job vacancy on company bulletin boards, in employee publications, on corporate intranets, and anywhere else the organization communicates with employees. Filling vacancies through internal recruiting is generally cheaper and faster than looking outside the organization.Internal recruitment sources generate applicants who are well known to the organization. In addition, these applicants are relatively knowledgeable about theorganization’s vacancies, minimizing the possibility they will have unrealistic expectations about the job. Despite the advantages of internal recruitment, organizations often have good reasons to recruit externally. For entry-level positions and perhaps for specialized upper-level positions, the organization has no internal recruits from which to draw. Also, bringing in outsiders may expose

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What Are Business Activities?

Business activities include any activity a business engages in for the primary purpose of making a profit. This is a general term that encompasses all the economic activities carried out by a company during the course of business. Business activities, including operating, investing, and financing activities, are ongoing and focused on creating value for shareholders.

Key Takeaways

  • Business activities are any events that are undertaken by a corporation for the purpose of earning a profit.
  • Operating activities relate directly to the business providing its goods to the market, including manufacturing, distributing, marketing, and selling; they provide most of the company's cash flow and hugely influence its profitability.
  • Investing activities relate to the long-term use of cash, such as buying or selling a property or piece of equipment, or gains and losses from investments in financial markets and operating subsidiaries.
  • Financing activities include sources of cash from investors or banks, and the uses of cash paid to shareholders, such as payment of dividends or stock repurchases, and the repayment of loans.

Business Activities

Understanding Business Activities

There are three main types of business activities: operating, investing, and financing. The cash flows used and created by each of these activities are listed in the cash flow statement. The cash flow statement is meant to be a reconciliation of net income on an accrual basis to cash flow. Net income is taken from the bottom of the income statement, and the cash impact of balance sheet changes are identified to reconcile back to actual cash inflows and outflows.

Non-cash items previously deducted from net income are added back to determine cash flow; non-cash items previously added to net income are deducted to determine cash flows. The result is a report that gives the investor a summary of business activities within the company on a cash basis, segregated by the specific types of activity.

Operating Business Activities

The first section of the cash flow statement is cash flow from operating activities. These activities include many items from the income statement and the current portion of the balance sheet. The cash flow statement adds back certain non-cash items such as depreciation and amortization. Then changes in balance sheet line items, such as accounts receivable and accounts payable, are either added or subtracted based on their previous impact on net income.

These line items impact the net income on the income statement but do not result in a movement of cash in or out of the company. If cash flows from operating business activities are negative, it means the company must be financing its operating activities through either investing activities or financing activities. Routinely negative operating cash flow is not common outside of nonprofits.

Investing Business Activities

Investing activities are in the second section of the statement of cash flows. These are business activities that are capitalized over more than one year. The purchase of long-term assets is recorded as a use of cash in this section. Likewise, the sale of real estate is shown as a source of cash. The line item "capital expenditures" is considered an investing activity and can be found in this section of the cash flow statement.

Financing Business Activities

The cash flow statement's final section includes financing activities. These include initial public offerings, secondary offerings, and debt financing. The section also lists the amount of cash being paid out for dividends, share repurchases, and interest. Any business activity related to financing and fundraising efforts is included in this section of the cash flow statement.

How Is the Cash Flow Statement Linked to Business Activities?

The cash flows used and created by each of the three main classifications of business activities—operating, investing, and financing—are listed in the cash flow statement. This financial statement is meant to be a reconciliation of net income on an accrual basis to cash flow.

Net income is taken from the bottom of the income statement, and the cash impact of balance sheet changes are identified to reconcile back to actual cash inflows and outflows. Non-cash items previously deducted from or added to net income are added or deducted respectively to determine cash flows. The result is a report that gives the investor a summary of business activities within the company on a cash basis, segregated by the specific types of activity.

What Are Operating Business Activities?

Cash flow from operating business activities, usually the first section of the cash flow statement, includes many items from the income statement and the current portion of the balance sheet. The cash flow statement adds back certain non-cash items such as depreciation and amortization. Then changes in balance sheet line items, such as accounts receivable and accounts payable, are either added or subtracted based on their previous impact on net income. These line items impact the net income on the income statement but do not result in a movement of cash in or out of the company. Routinely negative operating cash flow is not common outside of nonprofits.

What Are Investing Business Activities?

Investing business activities are those that are capitalized over more than one year and usually appear as the second section of the cash flow statement. The purchase of long-term assets is recorded as a use of cash in this section. Likewise, the sale of real estate is shown as a source of cash. The line item "capital expenditures" is considered an investing activity and can be found in this section of the cash flow statement.

What Are Financing Business Activities?

The cash flow statement's final section includes financing business activities. These include initial public offerings, secondary offerings, and debt financing. The section also lists the amount of cash being paid out for dividends, share repurchases, and interest. Any business activity related to financing and fundraising efforts is included in this section of the cash flow statement.

Which of these is defined as any practice or activity carried on by the organization with the primary purpose of identifying and attracting potential employees?

Recruitment can usefully be defined as “those practices and activities carried out by the organization with the primary purpose of identifying and attracting potential employees” (Barber 1998: 5).

What is HRM process?

Human Resource Management is the process of recruiting, selecting, inducting employees, providing orientation, imparting training and development, appraising the performance of employees, deciding compensation and providing benefits, motivating employees, maintaining proper relations with employees and their trade ...

What are the four importance of human resource management?

HR managers play a critical role in strategizing and decision making for corporations and larger companies. They are responsible for identifying the skilled people and onboarding them, deciding for workforce planning, facilitating employee communication, reducing absenteeism, and employee turnover rates.

What is HR example?

Human resources is the person or group of people at a company who manages all things related to its employees. This includes — but is not limited to — hiring, maintaining a budget, recruiting, managing benefits, ensuring employee satisfaction, implementing a company culture, and training new hires.