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Difference between traditional and realistic job preview:
Traditional job preview Realistic job preview
1. Setting unrealistic and high job expectations. Setting realistic job expectations.
2. Job is viewed by the candidates at highly attractive. Attractiveness of the jobs is evaluated in the light of realistic job expectations.
3. High rate of acceptable of job offers. Some accept and some reject job offers.
4. High expectations believed by the job experience. Expectations are confirmed by the job experience.
5. Creation of dissatisfaction, frustration and thoughts for leaving the job. Creation of satisfaction in the light of job expectations.
High rate of personnel turnover and lower rate of job survival. High rate of personnel retention and lower rate of job survival.
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#qu.estion.DIFFERENTIATE ARBITRATION AND SPECULATION IN FOREIGN EXCHANGE MARKET
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