Professional Documents
Culture Documents
A Project Report
On the Effectiveness of Research Methods
In
Submitted By-
KUMARI MADHU SINGH
(19MBA061)
PROJECT REPORT
2020-2021
DECLARATION
PREFACE
It exposes the potential of the manager of the future to the actual tune of
the working environment present is dynamic organization.
Training is the process of increasing the knowledge and skill for doing a
particular job. It is an organized procedure by which people learn
knowledge and skill for a definite purpose. The purpose of training is
basically to bridge the gap between job requirements and present
competency of an employee.
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ACKNOWLEDGEMENT
This project has been a great learning experience for me & I would like
to express my sincere gratitude to all the people who guide me through the
project and without the valuable guidance and suggestions of these people
this project would not have been completely successful. I took the
opportunity to do my internship in a Business Advisory Firm ‘BARNWAL
& BARNWAL Co.’
CONTENT
Chapter 1 Page
Introduction 06-08
Chapter 2
Literature Review 09-20
Chapter 3
CHAPTER 1
INTRODUCTION
Sample Design
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1. Introduction
2. Industry Profile
3. Company Profile
4. Theoretical Framework
6. Conclusion
1.8 LIMITATIONS
Due to time limit sample size is limited to only 50 which may affect
accuracy of study.
Reluctance in the part of respondents may affect the accuracy of study.
Duration of study is limited to 45 days so that an extensive and deep
study could not be possible.
CHAPTER 2
LITERATURE REVIEW
2.0 Introduction
This chapter deals with the assessment of literatures which relate to the
topic the recruitment and selection practices of organization. Several
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Odiorne (1984) indicated that the quality of new recruits depends upon
an organization's recruitment practices, and that the relative effectiveness of
the selection phase is inherently dependent upon the calibre of candidates
attracted. Indeed Smith et al. (1989) argue that the more effectively the
recruitment stage is carried out, the less important the actual selection process
becomes. When an organization makes the decision to fill an existing vacancy
through recruitment, the first stage in the process involves conducting a
comprehensive job analysis. This may already have been conducted through
the human resource planning process, particularly where recruitment is a
relatively frequent occurrence. Once a job analysis has been conducted, the
organization has a clear indication of the particular requirements of the job,
where that job fits into the overall organization structure, and can then begin
the process of recruitment to attract suitable candidates for the particular
vacancy.
According to Odiorne, (1984) one result of effective recruitment and
selection is reduced labour turnover and good employee morale. Recruiting
ineffectively is costly, since poor recruits may perform badly and/or leave
their employment, thus requiring further recruitment. In a cross-national
study of recruitment practices, suggests that, in reality, recruitment practices
involve little or no attempt to validate practices. Personnel managers tend to
rely on feedback from line managers and probationary periods and
disciplinary procedures to weed out mistakes. Firms with high quit rates live
with them and tend to build them into their recruitment practices and they do
not analyse the constitution of their labour turnover.
2.2.2 The Selection Decision
While the calibre of candidate is determined by the value of the
recruitment process, the selection decision remains a difficult one. Gould,
(1984) argues that most mistakes are caused by the fact that managers
generally give little thought to the critical nature of the decisions.
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the line managers are the owner of the recruitment and selection process
along with HR playing a facilitator role.
In recruitment and selection practice the construction of formalized
selection frameworks and norms of acceptable discrimination may be seen as
an attempt to enable managers to navigate between efficiency, control and
social justice. In their advice on how to achieve the perfect fit of person,
organization and job, they argue that selecting on the basis of managerial
opinion is ‘utterly unscientific and unreliable and that managers are ‘liable to
be turned this way and that by the most inconsequential of considerations’. In
place of this unsatisfactory state of affairs, these authors propose that
physiognomy and the physical self-provide the key to ‘unlocking the inner
secrets’ of the individual seeking employment, and therefore should inform
the selection process.
Managers are advised to assess nose, forehead, chin, habitual facial
expression, digestion, skin texture, and elasticity of muscle as found in
Blackford and Newcomb, 1914 early people management textbook. The
underlying philosophy of this process is that everything about man indicates
his character and as much information as possible should be collected to
inform a decision - their list also includes religious belief and marital status.
2.5 The Changing Context of Recruitment and Selection Decisions
Much of the recent literature on personnel management has
emphasized the necessity for the recruitment and selection of employees who
are committed to the goals of the organization.
Recent waves of organizational restructuring have dramatically
changed and, in many cases, destroyed existing employment relationships. As
traditional autocratic structures flatten and organizations utilize
multidisciplinary teams to remain competitive, the need for strategic and
transparent systems becomes paramount (Bingley et al, 2004).
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and appraised from time to time in order for them to be abreast with new
trends and challenges. When employees are developed it help increase their
performance and help sustain the growth of organizations.
2.7 Human Resource Development
Companies can only succeed in the long-term if they recruit and
motivate people who are able to respond to and shape the challenges of the
future. These are the individuals with the capacity to create competitive
advantage from the opportunities presented by changing markets, with the
desire to learn from customers, consumers, suppliers and colleagues, and who
possess the ability
to build and influence long-lasting and effective partnerships (Walker, 1990).
The recruitment of new employees helps to demonstrate a company’s
aspirations, highlighting the skills and attitudes to which it attaches the
highest priority. The choice also provides a major opportunity to
communicate the values and successes of the organization – to explain why
the company offers the most attractive place for a person to develop their
career. Yet this competition for top talent is nothing new; and if the challenge
for HR managers is to spot the best people and win their favour (Walker,
1990).
A well-prepared and motivated workforce is possibly the most
important of the three intangible assets to support an organization’s value
creating processes. According to Peter Drucker “The most valuable asset of a
20th century company was its production equipment. The most valuable asset
of a 21st century institution will be its knowledge workers and their
productivity (Drucker, 1999). A great deal exists in the literature about the
provision of staff development and training as investment for organizations.
Staff development and staff training are parts of the bigger concept of human
resource development (HRD). Training is just one possible way to organize
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and implement learning processes in organizations and not always the most
effective one.
HRD encompasses the broad set of activities that improve the
performance of the individual and teams, hence the organization. Training
and development have come to be viewed as lifelong activity, rather than the
front end acquisition of qualifications. As a result, the focus of concern has
shifted from what the trainer does, to what the learner requires. The ultimate
aim of the training and development process has been characterized as the
creation of the learning organization, constantly reviewing its mistakes and
successes and adapting its activities appropriately.
The issues of workforce demographics, desirable characteristics of the
workforce and the obstacles to achieving the workforce which is well
prepared, motivated and strategically ready in today’s libraries, are key
elements to be considered when discussing human resource development.
CHAPTER 3
Historical Development of Recruitment & Selection
In the earliest stages of an intervention, recruitment decisions often get
made on the basis of who is standing in the right place at the right time with
the right look on his/her face. As the situation matures, we have to think
more carefully about picking the right people for longer-term roles including
middle and senior management. The integrity of the recruitment and selection
process
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RECRUITMENT METRICS
Recruitment can be an expensive and time-consuming
endeavour, and understanding the value of the results means knowing
whether or not the time and money are being used effectively. A few
common recruitment metrics:
New Hire Quality:
Three to six months after hire, the hiring manager should
complete an evaluation of the new employee that compares
expectations prior to recruiting with the actual performance of the
employee. Facets of quality to be evaluated include knowledge and
skills, performance, experience, motivation, multitasking abilities,
learning curve, customer compatibility, and organization compatibility.
Recruiting Cost Ratio:
The RCR is used to determine average HR spending on recruiting
activities in relation to the starting compensation of new hires (positions
filled) that result from staffing activities.This metric calculates the Total
Recruiting Costs (both internal and external) and divides it by the Total
Compensation Recruited (the sum of the base annual compensation of
the positions filled through recruitment).
Recruiting Efficiency:
Closely related to RCR is the metric for Recruiting Efficiency.
Recruiting Efficiency gives a percentage in relation to complete
efficiency, which is considered to be 100%.
CHAPTER 4
COMPANY PROFILE
business, have just started your business, or already have an old but
unprofitable business, we can provide you realistic, feasible and affordable
business advisory service based on your business domain, target customer,
product type and market value, top competitors, manpower, marketing
strategy and several other factors.
Get full control on your business to organize the processes and boost up
the productivity of your team. Hire our experts to learn leadership and
management skill is that you need to streamline the business processes and
increase profitability.
Employee Management
Branding
Marketing
A business grows steadily when you can create new markets for your
products and services. However, entering a new marketplace pushing
through other existing brands can be a tough game. We can help you making
it simpler though our proven tactics.
Sales
Sales is the ultimate target of any business that will keep your business in
profit. However, it's a part where you can't get the desired success if you don't
have fool proof strategy and proper implementation of planning. Get our
expert's advice to rectify the issues in your plan and boost your sale.
Customer Service
A sale isn't closed until you get a good feedback from your customer. So,
it's extremely valuable to contact your customer, know if they have any
complaints, solve that and get their satisfying review. With years of
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Funding Sources
Accounts
Improper accounting is not only dangerous for your business, but also can
lead you to government penalties and extremely bad consequences. Hire our
experts to get professional quality support and guidance on your business
accounting.
Management
Knowledge Build-up
a. Integrity:
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They believe in being straight, honest and fair with their clients, their
people and their suppliers.
b. Dedication:
c. Curiosity:
They’re always curious. They listen. Because they believe that the only way
to generate new ideas is to have an open mind. They are never satisfied with
the status quo as there is always a better way.
d. Innovation:
It lies at the heart of everything they do. And they use it judiciously to
respond to the consumers changing needs. They are always searching for an
outstanding business building idea.
e. Rapidity:
They believe that today time is more valuable than money. And their
approach to business stands testament to this belief. Rapid decision making
and flexibility go hand in hand when it comes to advertising industry.
PRODUCTS
The Information Technology Act, 2000 has provisions for use of Digital
Signatures on the documents submitted in electronic form in order to
ensure the security and authenticity of the documents filed electronically.
This is secure and authentic way to submit a document electronically. As
such, all filings done by the companies/LLPs under MCA21 e-Governance
programme are required to be filed using Digital Signatures by the person
authorised to sign the documents.
TYPE OF CERTIFICATES-
Sign-
Sign DSC can only be used for signing documents. The most
popular usage of is signing the PDF file for Tax Returns, MCA and
other websites. Signing via DSC gives the assurance of not only the
integrity of the signer but also the data. It is proof of untampered and
unaltered data.
Encrypt-
Encrypt DSC can only be used to encrypt a document, it is
popularly used in the tender portal, to help companies encrypt the
documents and upload. You could also use the certificate to encrypt
and send classified information. Encrypt DSC is fit for e-commerce
documents, legal documentation and sharing documents that are highly
confidential and contains information that needs to be protected. We
are selling Encrypt certificate as a standalone product as well.
Sign & Encrypt-
Sign & Encrypt DSC can be used for both signing and encrypting.
It is convenient for users who need to authenticate and maintain the
confidentiality of the information shared. Its usage includes filing
government form and application.
o Customs e-filing
o E-procurement
o E-biding
o E-auction etc.
PROCESSING METHODS-
Aadhar-Based Paperless DSC-
Any applicant who is an Aadhaar card holder can apply for
the Digital Signature Certificates in a paperless manner using,
"Aadhaar Offline e-KYC'' procedure. Aadhar based KYC
verification process is paperless and digital knows your customer
(e-KYC) procedure, wherein the application is carried forward
after a digital verification of the applicant. The process of applying
for a DSC application to generate orders and downloading the
DSC is quick and can get completed within 15-20 mins.
PAN Based Paperless DSC-
By opting for the PAN-based Paperless DSC, the applicant
can save on the relative cost. The process of obtaining the Pan-
based Paperless DSC is easy, fast, and followed by a quick video
verification, where the applicant needs to reflect their PAN card in
the video. The best advantage of this Pan-based Paperless DSC
generated after e-KYC verification is that one can apply for this
type of DSC online anytime or anywhere, giving the applicant the
gift of global convenience.
GST Based Paperless DSC-
GST Based paperless Organisational DSCs (Digital Signature
Certificate) for Organisations having their exclusive GST
certificate. These certificates provide complete security by
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TRADEMARK REGISTRATION
A visual symbol like a word signature, name, device, label,
numerals, or combination of colors used by the owner of the trademark
for goods or services or other articles of commerce to distinguish it from
other similar goods or services originating from different businesses. A
trademark can be a word, symbol, logo, brand name, wrapper,
packaging labels, tagline, or a combination of these and are used by
manufacturers or service providers to identify their own products
and/or services. It is used to distinguish the owners’ products or
services from those of its competitors
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Types of Trademark
concluded at the Nice Diplomatic Conference, on June 15, 1957, and was
revised at Stockholm, in 1967, and at Geneva, in 1977. India acceded to the
Nice Agreement on September 7, 2019 and accordingly the current version of
the Nice Classification is used by the Indian trademark office for the purpose
of classification of goods and services while examining a trademark
application in India.
Goods:
Class 4: Industrial oils and greases, wax; lubricants; dust absorbing, wetting
and binding compositions; fuels and illuminates; candles and wicks for
lighting.
Class 6: Common metals and their alloys, ores; metal materials for building
and construction; transportable buildings of metal; non-electric cables and
wires of common metal; small items of metal hardware; metal containers for
storage or transport; safes.
Class 10: Surgical, medical, dental and veterinary apparatus and instruments;
artificial limbs, eyes and teeth; orthopaedic articles; suture materials;
therapeutic and assistive devices adapted for persons with disabilities;
massage apparatus; apparatus, devices and articles for nursing infants; sexual
activity apparatus, devices and articles.
Class 11: Apparatus and installations for lighting, heating, cooling, steam
generating, cooking, drying, ventilating, water supply and sanitary purposes.
Class 14: Precious metals and their alloys; jewellery, precious and semi-
precious stones; horological and chronometric instruments.
Class 15: Musical instruments; music stands and stands for musical
instruments; conductors’ batons.
Class 18: Leather and imitations of leather; animal skins and hides; luggage
and carrying bags; umbrellas and parasols; walking sticks; whips, harness and
saddlery; collars, leashes and clothing for animals.
Class 19: Materials, not of metal, for building and construction; rigid pipes,
not of metal, for building; asphalt, pitch, tar and bitumen; transportable
buildings, not of metal; monuments, not of metal.
Class 20: Furniture, mirrors, picture frames; containers, not of metal, for
storage or transport; unworked or semi-worked bone, horn, whalebone or
mother-of-pearl; shells; meerschaum; yellow amber.
Class 22: Ropes and string; nets; tents and tarpaulins; awnings of textile or
synthetic materials; sails; sacks for the transport and storage of materials in
bulk; padding, cushioning and stuffing materials, except of paper, cardboard,
rubber or plastics; raw fibrous textile materials and substitutes therefor.
Class 24: Textiles and substitutes for textiles; household linen; curtains of
textile or plastic.
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Class 26: Lace, braid and embroidery, and haberdashery ribbons and bows;
buttons, hooks and eyes, pins and needles; artificial flowers; hair decorations;
false hair.
Class 27: Carpets, rugs, mats and matting, linoleum and other materials for
covering existing floors; wall hangings, not of textile.
Class 28: Games, toys and playthings; video game apparatus; gymnastic and
sporting articles; decorations for Christmas trees.
Class 29: Meat, fish, poultry and game; meat extracts; preserved, frozen, dried
and cooked fruits and vegetables; jellies, jams, compotes; eggs; milk, cheese,
butter, yogurt and other milk products; oils and fats for food.
Class 30: Coffee, tea, cocoa and artificial coffee; rice, pasta and noodles;
tapioca and sago; flour and preparations made from cereals; bread, pastries
and confectionery; chocolate; ice cream, sorbets and other edible ices; sugar,
honey, treacle; yeast, baking-powder; salt, seasonings, spices, preserved herbs;
vinegar, sauces and other condiments; ice (frozen water).
Class 32: Beers; non-alcoholic beverages; mineral and aerated waters; fruit
beverages and fruit juices; syrups and other non-alcoholic preparations for
making beverages.
Class 33: Alcoholic beverages, except beers; alcoholic preparations for making
beverages.
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Class 34: Tobacco and tobacco substitutes; cigarettes and cigars; electronic
cigarettes and oral vaporizers for smokers; smokers’ articles; matches.
Services:
Class 36: Insurance; financial affairs; monetary affairs; real estate affairs.
Class 40: Treatment of materials; recycling of waste and trash; air purification
and treatment of water; printing services; food and drink preservation.
Class 42: Scientific and technological services and research and design relating
thereto; industrial analysis, industrial research and industrial design services;
quality control and authentication services; design and development of
computer hardware and software.
Class 43: Services for providing food and drink; temporary accommodation.
Class 44: Medical services; veterinary services; hygienic and beauty care for
human beings or animals; agriculture, aquaculture, horticulture and forestry
services.
Class 45: Legal services; security services for the physical protection of
tangible property and individuals; personal and social services rendered by
others to meet the needs of individuals.
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ISO CERTIFICATION
An Overview
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There are numerous types of ISO certification in India that are listed below:
Make an Application
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Once the entrepreneur or application has selected the ISO standard and
ISO certification body, need to make an application in a prescribed form
(depends on the ISO registrar). The application should contain rights and
obligations of entrepreneur and certification body parties and includes
liability issues, confidentiality, and access rights.
The ISO certification body will review all the quality manuals and
documents related to various policies and procedures being followed in the
organisation. Review of existing works will help the ISO registrar to identify
the possible gaps against the requirements stipulated in the ISO standards.
After the ISO registrar notified the existing gaps in the organisation, the
applicant or entrepreneur has to prepare an action plan to eliminate these
gaps. The action plan should contain the list of the required tasks to be
performed to meet the Quality Management System
Note: The entrepreneur may need giving training to employees to work efficiently to
achieve quality management system. Make all the employees in the organisation to aware
of the ISO standards concerning work efficiency and quality standards.
The ISO registrar will conduct a physical onsite inspection to audit the
changes made in the organisation.
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During the audit, if the registrar finds anything that does not meet with the
requirements of the ISO standards, registrar determines the severity and issue
findings. Audit findings are usually called as nonconformities and fall into
one of two categories depending on severity.
Final audit
After all, non-conformities are addressed, and all the findings are updated
in the ISO audit report, the registrar will grant the ISO certification.
Surveillance Audits
Always provide you the confidence of getting the service that closely
meets your requirements.
It differentiates the market and leadership by showing to others
credible evidence of good practice.
Through this you may get a chance to win a new business since the use
of accredited conformity assessment services is increasingly a
stipulation of specifiers in both the public and private sector;
Helps to identify the best practice since the certification body needs to
have an appropriate knowledge of your business sector.
It has the ability to control the cost with the help of knowledge transfer
since accredited certification bodies can be a good source of impartial
advice.
You can gain access to overseas markets since certificates issued by
them are recognized well and accepted throughout the world by
choosing an accredited body for certification.
Apart from this, it demonstrates due diligence in the event of legal
action.
Last, it reduces paperwork and increases efficiency by reducing the
relevance of re-audit your business.
CHAPTER 5
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RESEARCH METHODOLOGY
Definition of Research
Primary data are collected afresh and for the first time. It is the data
originated by the researcher specifically to address the research problem.
Data sampling process includes the following steps that are sequentially
shown
2
x 2=? [ 0−E ] | E
• Percentage Analysis
R= 1- 6? D 2|N 2 -N
• Chi-square analysis
• Correlation
• F-test
In percentage analysis, charts like bar chart and pie charts are used
to graphically represent the results from percentage analysis of the
questionnaire
4.3.3 Correlation:
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F=s21 /s 22
4.3.4 F-Test
Most of the employees said that a newspaper source reaches them soon.
Most of the employees said that the final decisions about appointment
should be based only on merit.
Most of the employers inferred that they are measuring the cost for the
recruitment sources by comparing the validated budget versus
approved budget.
The correlation analysis shows that the questions asked in the interview
and comfortableness with the interviewer is positively correlated.
Most of the employees are satisfied with the present recruitment and
selection process.
From the study, it is found that majority of the employees prefer to post
their resume in companies’ website. So, the company can have exclusive
career link in its website to post resume.
By using a separate link with resume screening software, the resumes
can be screened and managed effectively.
From the study, it is found that newspaper is the effective medium to
advertise for recruitment. Since this company focus on candidates from
Pondicherry, they can advertise for mass recruitment.
Relocation is the main problem for a candidate’s rejecting an offer. So,
by providing a good salary and accommodation, relocation problem can
be solved. Thus, the recruitment process can be made effective by
retaining the recruited candidate.
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Some of the employees said that the response given after recruitment is
not satisfactory. If the recruitment feedback mechanism is not effective,
there is high risk of losing good candidates to other companies. So they
can give the response for candidates immediately whether they are
short listed or rejected.
It is found that the company is not conducting the medical examination
for employees during selection process. They can conduct medical
examination in order to prevail themselves if any problem happens to
the employees.
REFERENCES
Summary:
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The sole purpose of the project was to study the sourcing process vis-à-
vis to entry level openings and to recommend changes in current process to
make sourcing more cost effectiveness.
Conclusion:
I. The companies follow a standard policy to recruit employees
II. The existing recruitment policy is adequate to recruit various types of
personnel but modern methods of recruitment and selection should be
adopted to be more effective.
III. The present recruitment policy is flexible enough as it has undergone
several changes from time to time to suit the requirements of the
management.
IV. In the companies, both internal & external sources of recruitment are
used.
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