As a part of a human resource planning process, managers reviewed data regarding the knowledge and skills of all current employees as well as a profile of characteristics available in the external market. The managers are engaging in
A)recruitment.
B)supply forecasting.
C)insourcing.
D)demand forecasting.
E)simulations.

Question

Quizplus · Accepted Answer

Supply forecasting involves analyzing the current workforce's skills and the external labor market to predict future labor supply.

As a Part of a Human Resource Planning Process, Managers