You have joined as HR manager in a Fintech startup firm based in Bangalore that has just received its next round of funding and is scaling up its operations. The firm works as retailstockbrokerand provides financial services. It has a range of apps which provides different financial services likes institutional and retail brokerage, currency and commodity trading, mutual funds and bonds. The culture of the company is open, free, full of creativity and innovation. There is lot of camaraderie between people and there is sense of collegiality and peer support. This has been possible because it was till now it remained a small organisation of 30-40 people. There were no processes laid down of any department or work except the core function of financial services as the company had to follow all financial laws and regulations. With the expansion on the cards all kinds of people are required for the firm- software engineers, app developers, sales and marketing executives, financial experts, legal team and HR managers. There are number of HR policies processes that you need to initiate and implement. Answer the following questions given the above context: - 1.There are very few job descriptions and job specifications available for various positions in the company. Hiring was done based on managers' understanding and intuition. Therefore, proper and formal job descriptions and specifications must be developed now