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When an Organization Attempts to Forecast the Supply of and Demand

question 2

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When an organization attempts to forecast the supply of and demand for human resources, this is called


Definitions:

Productivity

The effectiveness of productive effort, especially in industry, measured in terms of the rate of output per unit of input.

Financial Advantages

Refers to the monetary benefits associated with a decision, investment, or policy.

Technical Skills

Specific abilities or expertise related to a particular field or industry, often requiring specialized knowledge or training.

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