Understanding Oracle Opportunity Marketplace: A Guide for HCM Professionals
Oracle Opportunity Marketplace is an innovative platform designed to streamline internal career opportunities within organizations. It bridges the gap between job seekers and creators, empowering employees to explore roles that match their skills while enabling managers to find the right talent for their teams. Closely integrated with Oracle Recruiting Cloud, Opportunity Marketplace offers a unique blend of functionality, from long-term job postings to short-term gigs, making it a must-have tool for modern talent management.
Understanding its key functionalities and configurations is crucial for Oracle HCM professionals, whether you’re preparing for an interview, implementing the platform for your organization, or simply expanding your knowledge.
For more questions related to Opportunity Marketplace practical usages, please visit this article > Oracle Opportunity Marketplace: Test Your Knowledge with Essential Q&A
Why These Questions Matter
The 10 interview questions below are carefully crafted to test your understanding of Opportunity Marketplace. They serve dual purposes:
- Interview Preparation: Oracle HCM consultants often face questions about Opportunity Marketplace in interviews. Being able to answer confidently demonstrates your knowledge and expertise.
- General Knowledge: Even if you’re not preparing for an interview, understanding these questions helps you get acquainted with one of Oracle’s most talked-about features. This knowledge is vital for staying ahead in the competitive field of HCM solutions.
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Questions and Answers
1. What is Oracle Opportunity Marketplace, and how is it linked to Oracle Recruiting Cloud?
Answer: Oracle Opportunity Marketplace is a platform for internal opportunities, including jobs and gigs. It is closely linked with Oracle Recruiting Cloud but is offered as a separate product. It enables employees to explore and create opportunities within their organization.
2. What licenses are required to use the Opportunity Marketplace?
Answer: You need either an Oracle Recruiting Cloud or Oracle Talent Management license to use Opportunity Marketplace at no additional cost.
3. What is the primary difference between jobs and gigs in the Opportunity Marketplace?
Answer:
- Jobs: Long-term, formal roles open to both internal employees and external candidates.
- Gigs: Short-term, project-based opportunities available exclusively to internal employees.
4. Who are the two main roles in Opportunity Marketplace, and what are their responsibilities?
Answer:
- Creators: Responsible for creating, posting, updating, and managing jobs or gigs, reviewing applications, assigning candidates, and closing opportunities.
- Seekers: Employees or external candidates who search for opportunities, bookmark, apply, and track their application statuses.
5. List three features of the Opportunity Marketplace landing page.
Answer:
- Explore Tab: Browse all available jobs and gigs.
- Submitted Applications: Track the status of jobs or gigs applied for.
- Recommended Section: Displays opportunities tailored to the user’s preferences.
6. What privilege is required to display jobs on the Opportunity Marketplace?
Answer: The privilege IRC_ACCESS_INTERNAL_CANDIDATE_EXPERIENCE_PRIV is required to display jobs on the Opportunity Marketplace.
7. What are the required profile option codes to enable jobs and gigs on the Opportunity Marketplace?
Answer:
- Jobs:
ORA_HCM_OPP_MARKET_PLACE_JOBS - Gigs:
ORA_HCM_OPP_MARKET_PLACE_GIGS
8. How can you integrate career roles into the Opportunity Marketplace?
Answer:
- Define position or job profiles for career roles in My Client Groups > Profiles.
- Run the Process Career Roles for Oracle Search Ingestion scheduled process to enable search and recommendation.
9. What is the purpose of the scheduled process “Process Career Roles for Oracle Search Ingestion”?
Answer: The process ensures that career roles are indexed and available for search and recommendation within the Opportunity Marketplace.
10. Name two examples of jobs and gigs that can be listed on the Opportunity Marketplace.
Answer:
- Jobs: Oracle Cloud HCM Functional Consultant, Oracle Cloud HCM Project Manager.
- Gigs: Conducting a training session on Oracle Grow, Assisting with a configuration change for Opportunity Marketplace.
How iavinash.com Can Help
If you face any challenges while answering these questions or wish to deepen your practical knowledge of Oracle Opportunity Marketplace, visit iavinash.com. The platform offers hands-on tutorials, expert guidance, and real-world examples to help you master Opportunity Marketplace. Join a community of Oracle HCM professionals and take your skills to the next level!
