Unit 22 Managing Human Capital and Entrepreneurship

Unit 18 Human Resource Management for Service Industries

Managing Human Capital and Entrepreneurship

1. Explain your new business concept including the key components of the concept statement (product or service, target market, special attributes, values, scale of newly proposed business, location and who will involve)

2. an appropriate assessment of the industry, market, organisational and financial feasibility

4. Explain how the Human resource planning process will be done in the newly proposed business in terms of the following:

4.1 HR audit

4.2 Recruitment and selection

4.3 Training and development

4.4 Performance evaluation

4.5 Motivating and rewarding

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