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Human Capital
The collective skills, knowledge, or other intangible assets of individuals that can contribute to an organization's performance and economy.
Shortage
A situation in which the demand for a product or service exceeds the available supply, often leading to higher prices or unmet consumer needs.
Organizational Flexibility
The ability of an organization to adapt rapidly and efficiently to changes in the internal and external environment.
HR Forecasting
The process of predicting an organization's future human resources needs based on current data, trends, and projected future events to ensure that the right number of people with the right skills are available when needed.
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