Great question and there is no set answer as it is dependent on the business. The great advantage of internal recruitment is the business fully knows the applicant (both the good and the bad) and they may already be fully trained or competent to move into a role such as a promotion which also helps to save on recruitment costs. I would always recruit internally if it was possible. However, on a lot of occasions you can attract better talent to your business externally who can also bring new perspectives and ideas but this will typically cost more in recruitment costs. So in a nutshell, both are good and it is down to the individual situation of the business. Hope that helps.
thank you, this is very helpful. But it is hard to concentrate because of the background music. I would advise you to not include it in future videos, but either way they are great.
Thanks Mohamed, appreciate you saying this. Could you expand and explain what you mean by 'finish up whole people in business'? We will have a look at helping if we can.
@@TwoTeachers hi there the world Entrepreneurs i hope everything is perfect out there what i do mean by qn is ? i wanted us to have a series episode revision playlists on the entire Unit of [people In Business] this is tiny region of people in business e.g. one junction is commun, motivation, Oragnis structure and recruitment also training so thats what i was meant oherwise thank u very much and May God bless
It's hard to summarise to be fair, probably easier for you to watch it and just write down the key points as you go. Maybe someone will be nice and summarise it for you though!
