Recruitment and selection process of The ACME Laboratories Ltd.

Abstract

As a part of requirement of Bachelor of Business Administration (BBA) program, I have completed my internship at “The ACME Laboratories Ltd” under Human Resource Division. “The ACME Laboratories Ltd” is known to be one of the top listed pharmaceutical companies of Bangladesh. For decades, it has been a very competitive pharmaceutical industry because of its world class and top quality pharmaceutical products. Having main focus on pharmaceutical products, the company also has different food items to sell. The company is facing acute competition within the oligopoly, which is resulting to high performance in every division. This intense competition is helping the “Human Resource Experts” to comprehend the level of performances and different organizational issues. As a result, they offer different sort of training facilities in order to minimize those issues which helps to increase performance level and give more productivity to the company. This shows how the management or Human Resource Division gives value to their training facilities and recruitment procedure, performance appraisal, “Human Resource Information System” and “Health and Safety” issues. “The ACME Laboratories” conceives that “Human Resource” is one of the crucial divisions of the company and so they take proper care of it. They follow strict rules and regulations and the most suitable criteria in the recruitment and selection process. They believe that their company is not only about its business and making profit; it is also about managing employees and valuing them properly. The company takes every initiative to make every employee productive and worthy of the position. In case of performance evaluation, they reward the employee who gives excellent performance and provide training and the motivation to the employee who does poor performance in the company. They give suggestions; criticism and inspiration to make their employees do better in the organization. They also have a sales team who gives training to the “Medical Representative” and “Sales Representative” for their better performances. This report consist of the recommendation for the managing team who should take training responsibilities for the students or the interns so that in future corporate world, they’d be able to give better performances. They should also provide better facilities to them. Besides, it talks how the Human Resource Division can do better to their actions. Finally, it also recommends some key functions for achieving the organizational goal.