Company Analysis Best Buy Co. - 1188 Words

The overall health of companies long-term is determined by the strategies and the goals for future growth in marketing. One of the best ways a company can analysis its sustainability is by understanding its strength, weakness, opportunities and threats (SWOT). Best Buy Co., Inc. the largest consumer electronics retailer is known to be the leading provider of technology products, services and solutions with 1,400 stores and is located in Canada, Mexico and the United States. (Best Buy, 2016) STRENGTHS †¢ Brick and Mortar Retailer †¢ Brand Loyalty in price and services †¢ Customer and technical support (Geek Squad) †¢ Specialized electronic retailers such as Apple †¢ Strong infrastructure †¢ Discounts, rewards, and warranty plan for purchases WEAKNESSES †¢ Sales Growth †¢ Mid-range profit market despite †¢ Management of inventory †¢ Senior Management staff turnover OPPORTUNITIES †¢ E-commerce rising popularity that is increasing †¢ Electronics more prevalent in consumers today †¢ Exclusive brand technology †¢ Absents of mobile technology rate †¢ Holiday sales to increase customer interest †¢ Improved technology †¢ New smartphone on the market yearly †¢ Less competitors †¢ Growth internationally in other countries †¢ Laws THREATS †¢ Competitive pricing and sources †¢ Competitors such as Amazon that under cut prices online †¢ Labor Wage rising due to political changes †¢ Competitors price matching †¢ Direct sales to consumers from the manufacturer †¢ Competitors expanding their onlineShow MoreRelatedCritical Analysis 11154 Words   |  5 PagesSanchez BA 3103 Christopher Monos 9/23/13 Critical Analysis: Best Buy When Best Buy first opened it was an event that an electronics store could hold such a variety of products, have knowledgeable employees, and offer competitive prices at the same time. Although in 2012 it was reported that revenues for Best Buy increased, the company still fell victim to the problems of having a decrease in net income and operating cash flow. â€Å"The company reported revenues of (U.S. Dollars) USD 50,705.00 millionRead MoreReal Estate and Capital Structure Decisions – Lease-Versus-Buy Analysis1159 Words   |  5 PagesTable of Contents I. Introduction 3 Overview 3 The Company 3 Situational Analysis 3 II. Case Analysis 3 Considerations 3 Purchasing 4 Recommendation 5 III. Summary Conclusions 5 IV. References 5 V. Appendix 6 I. Introduction Overview This case provides real estate market data for the analysis of an office lease-or-buy decision. The case demonstrates what is known as the â€Å"leasing puzzle† – the answer simply being that the two forms of financing are not cost equivalent inRead MoreBest Buy Co. Inc.1250 Words   |  5 Pagesenvironment, and the environmental analysis of Best Buy Co. Inc. Best Buy Co., Inc is a â€Å"multi-national, leading retail provider who sells consumer technology products and the largest company who is well known for selling products, such as â€Å"electronics, appliances, computing and mobile phone products, entertainment software and other related services.† Most customers and consumers may just know Best Buy to offer the Geek Squad. Geek Squad is a service that Best Buy provides that specializes and assistsRead MoreCompany Overview of Best Buy894 Words   |  4 PagesBest Buy Company Overview Best Buy Co, Inc. is primarily a technology based retail store, basing sales on low prices and discounts. A National chain that reaches into Canada their focus on popular entertainment and new and ever innovative technology often leaves them on the forefront of many substantial offerings. Not strictly confined to technology Best Buy provides many office essentials from software for the home and business to any number of related services. A corporate family containing aRead MoreBest Buy -Circuit City Case Search1238 Words   |  5 PagesBest Buy- Circuit City Case-17% 1. Be an informed consumer evaluate where the replacement of highly paid workers with lower paid worker did or did not cause Circuit city to perform so poorly. How confident are you in your evaluation? Why? In evaluating whether or not the replacement of highly paid workers with lower –paid worker at Circuit City caused them to perform poorly I found several factors that lead me to believe this to be true. Circuit City started off being the number one retailerRead MoreBest Buy Marketing Plan1329 Words   |  6 Pages Best Buy Marketing Plan Best Buy Marketing Plan Marketing 600: Marketing Management TABLE OF CONTENTS Executive Summary X Introduction X Situation Analysis X Industry Analysis X SWOT Analysis X Marketing Strategy X Objectives X Financial Projections X Implementation Controls X References X Introduction Since its start in 1966 Best Buy Co., Inc. hasRead MoreLevis Stp Analysis1539 Words   |  7 Pages------------------------------------------------- On: ------------------------------------------------- STP ANALYSIS ON LEVI’S DENIMS IN CHENNAI NIFT ------------------------------------------------- ------------------------------------------------- By : ------------------------------------------------- SRINIDHI.R (MFM/12/ 84) ------------------------------------------------- INDUSTRY ANALYSIS: ------------------------------------------------- The apparel industry is comprised of clothing,Read MoreBest Buy Business Case Outline975 Words   |  4 PagesI. Best Buy:Executive Summary a. Short review and history Best Buy Co. is a multinational retailor of consumer electronics, home office products, entertainment software, appliances, and related services. The company recorded revenues of $50,272 million FY2011, an increase of 1.2% over FY2010. With the 5.4% decrease in operating profit, 3% decrease in net profit, and subsequently the decrease in net earnings, Best Buy’s founder and chairman decided something needed to be done. Dick SchulzeRead MoreMarketing Analysis : Best Buy982 Words   |  4 PagesThe consumer electronics retailer, Best Buy, is a private company founded in 1996 by Richard Schulze. The company now operates retail stores and call centers in domestic and international markets. The company’s headquarters is located in Richfield, Minnesota and current CEO/president is Hubert Joly. It has retail stores in the U.S., Canada, Mexico, and China. Computers, laptops, smartphones, accessories, televisions, video games, audio players, home appliances, and many more prod ucts are sold throughRead MoreSelling Of Music By Richard Shulze And Gary Smoliak1079 Words   |  5 PagesIn 1966 Best Buy was co-founded under its original name â€Å"Sound of Music† by Richard Shulze and Gary Smoliak. In 1983, they changed the name to Best Buy and also changed the company’s focus to concentrate more on consumer electronics. Best Buy now has more than one thousand one hundred fifty big box stores with additional express locations around the world. They offer many name brand electronics from companies like Sony, Apple, and Hewlett-Packard along with many house brands that include Five Star

African American Women Hiv Positive Essay - 1922 Words

African American Women HIV Positive Fatmata Fofanah Arizona State University HCR 330 Many people are unaware of their health status further increasing transmission of disease in young adult African American(AA) women age 18-24. Human Immunodeficiency Viruses (HIV) infects and also destroy blood cells (i.e. lymphocytes) that the body need to fight off infection (Mays 2011). African American women HIV positive, age 18-24 the magnitude of issue of the health disparity in this particular population will be addressed along with the many factors of social and health determinants. The health concern is towards the increase of transmission among young AA mothers and their children who are the health outcomes in many ways than one. The many social and health determinants that affect the women today are on going cycles that have yet to be broken. African American women make 64% of new infection cases for HIV. African american obtain a vulnerability unlike other minorities. The health population’s culture and stigma has played an important role in the community. The concern for AA women is the increase of new cases and most importantly the spread of the disease to these women’s children. The mortality rate of AA women with HIV is 47.1% as of 2012. (Siddiqi 2015) The African American women age 18-24 who contract HIV have a high mortality rate than other racial groups. African American women are known to be less likely to date outside their race. AlthoughShow MoreRelatedHiv and Aids in the Black Community1140 Words   |  5 PagesRunning head: HIV/AIDS in African Americans ​​1 HIV/AIDS in November 15, 2012  Research, Definition, and Statement of HIV/AIDS ​African-Americans are the ethnic group most affected by HIV/AIDS. Ironically african-americans represent 14% of the population of the United States , but represent 44% across the gender line. African-american men represent 70% of HIV infections among the ethnic group, however african-american women are also highly at risk of HIV infection. IndeedRead MoreThe Epidemic Of Hiv And Aids1535 Words   |  7 PagesThe first determinant of health related to African American female population in the 19132 zip code pertains to policies. Polices for this population include providing access to health care, HIV testing and syringe services programs. The Office of HIV Planning in Philadelphia focuses on the needs of the population, conducts community outreaches and educational sessions. As previously stated, 32 state Medicaid programs reimburse for routine HIV screening of adults aged 15-65 years, regardless ofRead MoreEssay on HIV Among African Americans811 Words   |  4 Pages According to the CDC, about 18 % of those infected with HIV in the United States are unaware of their infection. An estimate of 1,000 young people ages 13 to 24 are newly infected with HIV each month. HIV is transmitted through bodily fluids such as semen, blood, breast milk, and vaginal fluids. These fluids can come in contact between people in a variety of ways, including having unprotected sex (oral, vaginal, or anal); HIV can also be passed from mother to child during childbirth. Mother toRead MoreAfrican American Women Living With Hiv Aids1576 Words   |  7 PagesRunning Head: AFRICAN AMERICAN WOMEN LIVING WITH HIV AIDS 1 AFRICAN AMERICAN WOMEN LIVING WITH HIV AIDS 9 African American Women Living with HIV/AIDS Ruth Dionne Davis SCWK 620 Winthrop University Department of Social Work Abstract HIV/AIDS is a major concern in the African American community. African American women have the highest incidence rate of HIV infection with a steady increase over the years. Extreme poverty, unemployment, underemploymentRead MoreAfrican Americans With Hiv ( Hiv )1462 Words   |  6 PagesAfrican Americans with HIV HIV (human immunodeficiency virus) is viral infection that weakens the immune system of the body and eventually causes AIDS (acquired immune deficiency syndrome) the last stage of the disease where a person can die. The virus has plagued the African American communities and continues to disproportionately impact the black race more than any other racial or ethnical group. 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Inner-city minority adolescent girls are at an increased risk of obtaining sexually transmitted HIV, and evidence portrays HIV infections are growing in this population (Fisher, Fisher, Bryan Misovich, 2002). It is imperative to address the culture surrounding these young women and noticing what puts them at risk; a targeted intervention, and aRead MoreHiv/Aids Essay1086 Words   |  5 PagesHIV/AIDS BSHS302 May 21, 2012 Faye Flanagan HIV/AIDS Social issues facing HIV/AIDS today are as diverse as the people that are affected by the disease. Advocating for a large group of people takes action at the macro human service practice. The goals and intervention strategies will be similar to micro human service and will involve the same strategies to bring justice to human rights for all members of society. One strategy is including a broader range of other diversity in research inRead MoreAids : An African American Girl Who Was Suffering From Hiv Virus859 Words   |  4 PagesIn 2015, specifically in LA downtown, I met Sara who is an African American girl who was suffering from HIV virus. She told me her sadly story when she was having sexual things with random people just because of having money. She didn’t have any knowledge about this virus. So, because of that, she got the HIV virus, and she thanked god that she treated so long to be clean. So, some people in this world don’t know what the AIDS means. So, the AIDS is a dangerous virus that attack cells human’s immuneRead MoreHealth Issues Of Health Of Women And Infants Essay1565 Words   |  7 Pagesearth anyone could have and we, as women, should feel proud to be major contributors for it. A mother plays a key role in aiding healthcare workers to mitigate the health crisis associated with childbirth by perfo rming her duties faithfully. One such associated health crisis is â€Å"Premature (preterm) birth† which occurs when the baby is born too early, before 37 weeks of gestational period(CDC,2015). It is an important public health priority in terms of health of women and infants. Extent of this public

Customer Eccentricity Free Essays

The core idea is to maximize customer value while minimizing waste. Simply, lean means creating more value for customers with fewer resources. A lean organization understands customer value and focuses its key processes to continuously increase it. We will write a custom essay sample on Customer Eccentricity or any similar topic only for you Order Now The ultimate goal is to provide perfect value to the customer through a perfect value creation process that has zero waste. To accomplish this, lean thinking changes the focus of management from optimizing separate technologies, assets, and vertical departments to optimizing the flow of products and services through entire value streams that flow horizontally across technologies, assets, and departments to customers. Eliminating waste along entire value streams, instead of at isolated points, creates processes that need less human effort, less space, less capital, and less time to make products and services at far less costs and with much fewer defects, compared with traditional business systems. Companies are able to respond to changing customer desires with high variety, high quality, low cost, and with very fast throughput times. Also, information management becomes much simpler and more accurate. A BRIEF HISTORY OF LEAN Although there are instances of rigorous process thinking in manufacturing all the way back to the Arsenal in Venice in the 1450s, the first person to truly integrate an entire production process was Henry Ford. At Highland Park, MI, in 1913 he married consistently interchangeable parts with standard work and moving conveyance to create what he called flow production. The public grasped this in the dramatic form of the moving assembly line, but from the standpoint of the manufacturing engineer the breakthroughs actually went much further. Ford lined up fabrication steps in process sequence wherever possible using special-purpose machines and go/no-go gauges to fabricate and assemble the components going into the vehicle within a few minutes, and deliver erfectly fitting components directly to line-side. This was a truly revolutionary break from the shop practices of the American System that consisted of general-purpose machines grouped by process, which made parts that eventually found their way into finished products after a good bit of tinkering (fitting) in subassembly and final assembly. †¦ The problem with Ford’s system was not the flow: He was able to turn the inventories o f the entire company every few days. Rather it was his inability to provide variety. The Model T was not just limited to one color. It was also limited to one specification so that all Model T chassis were essentially identical up through the end of production in 1926. (The customer did have a choice of four or five body styles, a drop-on feature from outside suppliers added at the very end of the production line. Indeed, it appears that practically every machine in the Ford Motor Company worked on a single part number, and there were essentially no changeovers. When the world wanted variety, including model cycles shorter than the 19 years for the Model T, Ford seemed to lose his way. Other automakers responded to the need for many models, each with many options, but with production systems whose design and fabrication steps regressed toward process areas with much longer throughput times. Over time they populated their fabrication shops with larger and larger machines that ran faster and faster, apparently lowering costs per process step, but continually increasing throughput times and inventories except in the rare case—like engine machining lines—where all of the process steps could be linked and automated. Even worse, the time lags between process steps and the complex part routings required ever more sophisticated information management systems culminating in computerized Materials Requirements Planning(MRP) systems . As Kiichiro Toyoda, Taiichi Ohno, and others at Toyota looked at this situation in the 1930s, and more intensely just after World War II, it occurred to them that a series of simple innovations might make it more possible to provide both continuity in process flow and a wide variety in product offerings. They therefore revisited Ford’s original thinking, and invented the Toyota Production System. This system in essence shifted the focus of the manufacturing engineer from individual machines and their utilization, to the flow of the product through the total process. Toyota concluded that by right-sizing machines for the actual volume needed, introducing self-monitoring machines to ensure quality, lining the machines up in process sequence, pioneering quick setups so each machine could make small volumes of many part numbers, and having each process step notify the previous step of its current needs for materials, it would be possible to obtain low cost, high variety, high quality, and very rapid throughput times to respond to changing customer desires. Also, information management could be made much simpler and more accurate. PRINCIPLES OF LEAN The five-step thought process for guiding the implementation of lean techniques is easy to remember, but not always easy to achieve: 1. Specify value from the standpoint of the end customer by product family. 2. Identify all the steps in the value stream for each product family, eliminating whenever possible those steps that do not create value. 3. Make the value-creating steps occur in tight sequence so the product will flow smoothly toward the customer. 4. As flow is introduced, let customers pull value from the next upstream activity. . As value is specified, value streams are identified, wasted steps are removed, and flow and pull are introduced, begin the process again and continue it until a state of perfection is reached in which perfect value is created with no waste. LEAN ACTION PLAN While every individual or company embarking on a lean journey will have different challenges based on their particular set of circumstances, there are several crucial steps th at can help reduce resistance, spread the right learning, and engender the type of commitment necessary for lean enterprise. Getting Started †¢Find a change agent, a leader who will take personal responsibility for the lean transformation. †¢Get the lean knowledge, via a sensei or consultant, who can teach lean techniques and how to implement them as part of a system, not as isolated programs. †¢Find a lever by seizing a crisis or by creating one to begin the transformation. If your company currently isn’t in crisis, focus attention on a lean competitor or find a lean customer or supplier who will make demands for dramatically better performance. Forget grand strategy for the moment. †¢Map the value streams, beginning with the current state of how material and information flow now, then drawing a leaner future state of how they should flow and creating an implementation plan with timetable. †¢Begin as soon as possible with an important and visible activity. †¢Demand immediate results. †¢As soon as you’ve got momentum, expand your scope to link improvements i n the value streams and move beyond the shop floor to office processes. Creating an Organization to Channel Your Value Streams †¢Reorganize your firm by product family and value stream. †¢Create a lean promotion function. †¢Deal with excess people at the outset, and then promise that no one will lose their job in the future due to the introduction of lean techniques. †¢Devise a growth strategy. †¢Remove the anchor-draggers. †¢Once you’ve fixed something, fix it again. †¢Ã¢â‚¬Å"Two steps forward and one step backward is O. K. ; no steps forward is not O. K. Install Business Systems to Encourage Lean Thinking †¢Utilize policy deployment. †¢Create a lean accounting system. †¢Pay your people in relation to the performance of your firm. †¢Make performance measures transparent. †¢Teach lean thinking and skills to everyone. †¢Right-size your tools, such as production equipment and information systems. Completing the Transformation †¢Convince your suppliers and customers to take the ste ps just described. †¢Develop a lean global strategy. Convert from top-down leadership to leadership based on questioning, coaching, and teaching and rooted in the scientific method of plan-do-check-act . Integrate Six Sigma, Lean and Kaizen People spend months drilling the Six Sigma process and statistical tools 1-Sample Sign Test This is used to test the probability of a sample median being equal to hypothesized value. H0: m1=m2=m3=m4 (null hypothesis) Ha: At least one is different (alternate hypothesis) How to cite Customer Eccentricity, Essay examples

Managing Human Resources National Bank of Australia †Free Samples

Question: Discuss about the Managing Human Resources NAB. Answer: Introduction The process of recruitment is considered as the most important and time taking process. The organization selected for the discussion of recruitment topic is named as the NAB (National Bank of Australia). This organization is identified as one of the famous financial institution in Australia. The monetary and financial aspects of the country are identified with the help of this organization. There are various international demergers identified on the large scale as well. The reason for selecting this organization is the specific selection process for the recruitment. Apart from this, the organization is well versed in defining specific identity too. The topics that are covered in the report are also specified below. Analyses of Recruitment process The analysis section for the recruitment process is successful in defining different stages shown below. This analysis will be helpful in providing suitable assistance for the specific working structure related to the organization. Recruitment strategy The strategy for recruitment in the organization is quite simple and flexible, which can be settled as per the environment as well. For recruiting the candidates, the procedure totally depends upon the area of specialization. The recruiting skills can be set by the head of the department or the team lead. Sometimes, as per the condition of the projects, the requirement will be changing with a rapid speed. Being a banking firm, the financial and marketing departments are most common. Apart from this, there is a technical front and back office staff too, which may assist in providing specific assistance for the development of the organization (National Australia Bank Limited, 2015). The recruitment strategy totally depends upon the area and the developmental aspects. For example, for the financial recruitment, the focus is on the initial studies, whereas for the technical support, the organization needs another aspect for the improvement as well. So, in short, it can be identified that the process of recruitment and strategy related to it is changing continuously with a quick rate (Davis, McCarthy, Bridges, 2016). Procedure of Recruitment The procedure for the recruitment in the banking organization consists of five major steps. These steps act as the connecting link between the processes of selection and recruiting candidates on a wide level. All these steps are described below in the form of points: The first step is related to the application process. The organization has a specific set of application, through which the candidates can apply for the specific post. The additional role and job description is also mentioned through which the specific job roles are also mentioned. The second step is related to the telephonic interview. If the requirement meets in regards to the initial condition related to the organization, then it will become easier to conduct a telephonic round easily. The third step is related to the Behavioral event Interviewing (BEI). This is the unique method of conducting interviews in the correct direction. In this method, the past experiences and achievements of employees will be identified. On the basis of this, the assumption will be analyzed. By the help of this, the potential and specific capacity along with the competencies in relation to the employee according to the current market scenario can also be evaluated (Nguyen Caesar, 2014). The fourth and fifth step comprises of the assessment and work reference check. In this process, the assessment of the employee can be done. With this, the final checklist for the documents and other experience certificates can also be placed. This will help in defining the actual formalities before joining. The sixth step is related to the probity checking. It may aid in defining the criminal and other records related to the organization. The last step is related to delivering of the offer letter to the selected candidates. By the help of this last step, the offers are provided to the candidates and the final step of joining will be completed initially (Anderson, 2015). By following these steps, the process of recruitment in NAB can be fulfilled very easily. Key Challenges in Recruitment The recruitment is identified as one of the basic challenges due to which the organization is facing continuous problems and issues. The mode of challenges also increases on a wide level as well. Some of the common challenges which are being faced by the organization are specified below: The first challenge is the coordination of employees qualities with the organizational policies. The expectations of the organization are continuously changing and the employees have to coordinate with their policies in the right direction. To manage the equilibrium, specific solution should be managed correctly. The second challenge is related to the marketing and releasing the advertisement on a broad level. If the marketing for the post is not correct and advertisements which are releasing are not suitable, then it will become a great challenge for an organization to select the right candidate. So, an organization has to come up with various sources and processes as well (Stevens, 2017). The next challenge is related to the measurement of the performance and identification of results at an initial level. To manage both these perspectives, the organization has to come up with various strategies. The employees aspect should be discussed at an initial level. The accurate reports and procedure are also required for the improvement as well. Apart from this, there are also some other challenges due to which the recruitment section of the organization suffers. These areas are the salary management, daily analysis of the employees requirement and the issues related to the performance and retentions. Labor/Supply Demand The Labor/ supply demand of the organization is directly influenced with the process of the recruitment. The definite set of labors will help in providing the best output as soon as possible. The labor demand will get increase with the increase in the consumer demand. The labor demand aspects of the NAB are identified as the derived factor in which the consumers requirement will directly affect criteria for the improvement and processing. The more opening of the accounts and improving in trading factors will influence the increment in improving the labors in the simultaneous manner. So, for NAB, it can be concluded that an increase in the demand of commodity will directly influence increment in the labors involvement as well (Beeley Davidson, 2013). In NAB, the approaches are framed according to the requirement of the customers. The expansion of the trading aspects will directly help in improving the recruitment procedure. This will also affect for an increment in the process of recruitment and selection. The research and factors show that the Labor demand in contrast to NAB is increasing continuously. The management aspects and recruitment cell of the organization is also observing continuous changes related to the organization as well. In fact, the Labor demand that is identified in the NAB is also increasing the opportunity for the new comers and financial specialist in reference to the organization. Similar to the Labor demand, supply demand is also considered as the factor for the discussion. The supply demand also increases with the expansion of various fields in an organization. There are various fields like loans, finance, marketing and the promotion and all these fields need the labors in different form. The company helps in reflecting these aspects in a very well approached format. The increment of the supply is also considered in two viewpoints in reference to the organization. These viewpoints are named as the supply of labor to industry and supply of labor to the entire economy. The organization mainly focuses on the first aspect in which the main spotlight and expansion is identified on the basis of first criteria, which is specified as the supply of labor on the basis of industry. The industry will assist in promoting trade values and with this, the supply also increases simultaneously (ABS, 2012). In short, an increment in the demand and labor supply can be promoted in a well-focused and organized manner. Organizational Image and Demographic The NAB is identified as transparent and well-versed Australian Bank. The organizational structure and its image are also organized as well. The well organized and approached banking service provided by the organization is also appreciable. The services like the NAB private, security, customer support and basic banking service aspects are the major ones. These services also help in making the organizational image more strong and stable. This organizational image may also aid in preparing a strong ground for the process of recruitment. Due to the best organizational image, more recruitment will be identified on a wide level. The organization also provides various online services like different type of calculators. For this, the manpower for the online assistance will be required. This will also help in opening doors for the recruitment as well (Dieleman Harnmeijer, 2006). The demographic features may also be considered as one of the major reasons for the process of recruitment. The location of the Australian bank is quite famous and well-defined, but the bank always tries to manage their subsidiaries bank on that location, where the demographic conditions are supportive for the organization. The demographic conditions include the life style, age, sex and other aspects related to the people. All these processes are helpful in defining and deciding the market scenario for the organization. After identifying the entire marketing scenario, it could become easier to manage various perspectives related to the organization as well. Conclusion and Recommendations The recruitment and hiring process is the long lasting process through which hiring of suitable candidate can be done. But, as it is the process which takes time and there are various challenges too, which are faced by the organization, so specific recommendations will be provided for the suitable execution of the procedure. In contrast to NAB, some specific set of recommendations provided are specified below with the specific explanation and information as well: It is recommended that the strategic approach towards hiring and processing should be identified at an initial level. The procedure for recruitment may also help in providing assistance in a specific manner (Deakin University, 2012) Before recruiting, the candidates identification related to the specific process can also be done. The past details of the employees and disclosure of their past working experience will aid in highlighting the basic aspects related to the organization. Apart from this, before recruiting an accurate candidate for the organization, it is essential to identify the basic perspectives in regards to the marketing and advertisement. The advertising and marketing are also helpful in selecting specific candidates for the further improvement and processing. Other than this, the recommendations are also mentioned at the level of employee and services provided in the banking sector as well (McKenzie Mortimer, 2014). The piece of work will be helpful in managing the major aspects related to the recruitment. By the help of these points, the best selection can be possible in NAB References ABS.(2012). Labour market statistics. Retrieved from https://www.abs.gov.au/ausstats/abs@.nsf/Lookup/by%20Subject/1301.0~2012~Main%20Features~Labour%20market%20statistics~43 Anderson, W. (2015, April 15). Six challenges facing Australias medical research sector. Retrieved from https://theconversation.com/six-challenges-facing-australias-medical-research-sector-40222 Beeley, L., Davidson, M. (2013, September 02). A Critical Analysis of Skilled Labor Supply and Demand in the Australian Hospitality Industry. Journal of Quality Assurance in Hospitality Tourism, 14(3). Retrieved from https://www.tandfonline.com/doi/abs/10.1080/1528008X.2013.802552 Davis, K., McCarthy, M., Bridges, J. (2016). The labor market during and after the terms of trade boom. Retrieved from https://www.rba.gov.au/publications/bulletin/2016/mar/pdf/bu-0316-1.pdf Deakin University. (2012). Identifying effective strategies to increase recruitment and retention in community-based health promotion programs. Medibank Private Limited. Retrieved from https://www.deakin.edu.au/__data/assets/pdf_file/0005/622652/medibank.pdf Dieleman, M., Harnmeijer, J. (2006). Improving health worker performance: in search of promising practices. KIT Royal Tropical Institute . Retrieved from https://www.who.int/hrh/resources/improving_hw_performance.pdf McKenzie, J., Mortimer, D. (2014, July 11). Implementing evidence-based recommended practices for the management of patients with mild traumatic brain injuries in Australian emergency care departments: study protocol for a cluster randomised controlled trial. Retrieved from https://trialsjournal.biomedcentral.com/articles/10.1186/1745-6215-15-281 National Australia Bank Limited. (2015). Our range of personal products. Retrieved from https://www.nab.com.au/: https://www.nab.com.au/ Nguyen, T., Caesar, L. (2014, August). Current Challenges in the Recruitment and Retention of Seafarers: An Industry Perspective from Vietnam. The Asian Journal of Shipping and Logistics, 2, pp. 217-242. Retrieved from https://www.sciencedirect.com/science/article/pii/S2092521214000315 Stevens, G. (2017, May 14). Australia's international economic engagement: Opportunities and challenges. Retrieved from https://www.lowyinstitute.org/the-interpreter/australias-international-economic-engagement-opportunities-and-challenges