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Jeff Is a Top Manager at a Textile Factory

question 73

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Jeff is a top manager at a textile factory.He is developing a crisis plan to be implemented in the event that the company has a toxic spill or a similar industrial accident.Which issue should be addressed in the crisis preparation stage?


Definitions:

Forecasting

Estimation of future occurrences or trends using statistical methods and historical data.

HR Demand Forecasting

The process of estimating the future human resource requirements of an organization to achieve its goals.

Replacement Demand

The need to fill job positions that become vacant due to retirement, resignation, or dismissal, rather than due to the creation of new jobs.

Forecasting HR Demand

The process of estimating the future human resource needs of an organization, based on its business strategies, projected growth, and external market trends.

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