What Is the First Element an Organization Needs to Consider

question 36

Multiple Choice

What is the first element an organization needs to consider in deriving its external supply calculation for HR forecasting?

• A) To meet its replacement needs.
• B) To consider the change component.
• C) To predict attrition and retirements.
• D) To forecast HR demand accurately.

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Definitions:

Paternalistic Methods

Management practices that involve overseeing workers in a fatherly manner, where decision-making is centralized and based on the assumption that employers know what is best for their employees.

Financial Solvency

The ability of an individual or organization to meet long-term financial obligations, indicating financial health.

Aggressiveness

The degree to which an individual, group, or entity approaches situations with forcefulness or assertiveness, potentially impacting interactions and outcomes in various contexts.

Diverse Occupations

A broad range of job roles and career paths within various sectors, showcasing a variety in skill sets, responsibilities, and employment conditions.