Recruitment and selection process of ACME consumer products Limited

Abstract

In Bangladesh, ACME Consumer Products Ltd. is a well-known food and beverage company. The FMCG sector operates in an oligopoly with intense competition, which makes its organizations extremely performance-driven. The HR specialist must be knowledgeable with organizational challenges and performance matrices due to the frequently brutal and competitive HR processes at Food & Beverage companies. As a result, firms frequently implement managerial development programs and provide training. As a result, it provides insightful information about how and why businesses should add more value to their performance reviews, HR transactions, HRIS, recruitment and selection, health and safety concerns, and how the HR division can become a business partner. Because they consider their human capital to be the most valuable asset of their business, ACME Consumer Products Ltd. takes great care of it. They continue to follow a highly rigid and organized procedure for the hiring and selection process. They are aware that the people who operate a firm are its most important asset, not its operations or figures. Therefore, the ACME Consumer Products Ltd. Human Resource Division takes the initiative to formulate those concepts and is always coming up with new ones to manage them. They evaluate employee performance and take the required actions to encourage underperforming staff in order to acquire the best results from their high-quality workforce. For the purpose of improving the effectiveness of their sales management team, they do offer a training and development program for both sales representatives and medical representatives. The methods used by ACME Consumer Products Ltd. for their hiring and selection procedure are the main topic of this internship report. The report is divided into three segments. The first chapter describes the author's internship at ACME Consumer Products Ltd. The company's history, vision, mission, departments, and products are all covered in detail in the second chapter. Along with a competitive analysis utilizing PESTEL analysis, the study includes a SWOT analysis to evaluate the company's current market conditions and strengths, weaknesses, opportunities, and threats in the FMCG business. The report concludes by providing a detailed description of the recruitment and selection procedure in the third chapter based on the conclusions of my organizational supervisor and his subordinates.