A somewhat formal
discussion between a hirer and an applicant or candidate,
typically in person, in
which information is
exchanged, with the intention of establishing the applicant’s suitability for a
position.
“An interview
is a conversation between two or more people (the interviewer and the
interviewee) where questions are asked by the interviewer to obtain information
from the interviewee.”
Employers often use tests and other
selection procedures to screen applicants for hire and employees for promotion.
The use of tests and other selection
procedures can be a very effective means of determining which applicants or
employees are most qualified for a particular job. However, use of these tools
can violate the federal anti-discrimination laws if an employer intentionally
uses them to discriminate based on race, color, sex, national origin, religion,
disability, or age (40 or older). Use of tests and other selection procedures
can also violate the federal anti-discrimination laws if they
disproportionately exclude people in a particular group by race, sex, or
another covered basis, unless the employer can justify the test or procedure
under the law.
In the normal sense we understand by selection the
action or fact of carefully choosing someone or something as being the best or
most suitable. We can also say that, Selection is a process of matching the
qualifications of applicants with the job requirements; it is a process of
weeding out unsuitable candidates and finally identifies the most suitable
candidate. The objective of the selection decision is to choose the individual
who can most successfully perform the job from the pool of qualified
candidates.
The strategic group mapping is a technique for displaying the different competitive positions that rival firms occupy in the industry.
The strategic group mapping is graphically presented below:-
From this graphical presentation strategic group mapping can be easily understood.
Strategic alliance or groups are conceptually defined cluster of competitors that share similar strategies. It consists of those rival firms with similar competitive approaches and positions in the market.
The strategists has to understand the macro environment of the industry that initiates or may initiate change. Industry and competitive conditions may change because sudden forces are in motion. They create incentives and pressure for change. These are known as driving forces for change in industry.
Internal Environment refers to the organizational resources over which organization has control. Below are the definitions of internal environment analysis given:-
"Internal Environment Analysis provides means of identifying and strenghts to build on and weakness to overcome in formulating strategies."
- Miller and Dess
This analysis provides complete information on how well a firm can set and execute strategies, it is necessary to determine the capabilities of the firm to faces environmental facts and to avail opportunities. These capabilities are strengths with strategic significance with which company will go forward with its objectives. It is also necessary to determine areas of vulnerability.
Here is the simplest definition of strategic business unit given below:
"Strategic Business Unit refers to a business unit which is an operating unit in an organization that sales a distinct set of products or services to an identifiable group of customers in competition with a well defined set of competitions."
