Commercial Applications

State one difference between employment exchanges and placement agencies.

Recruitment

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Answer

S.No.BasisEmployment ExchangesPlacement Agencies
1.Operated byRun by the Government.Run by private parties or firms.
2.CostNo cost is involved in this source of recruitment.They charge a fee for their services.
3.SuitabilityUseful for recruitment of semi-skilled and unskilled personnel.Popular source for recruiting managerial and technical personnel.

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