Chapter 6 - Ascertaining HR Supply

Question 1

What is internal human resource supply?

Answer 1

Internal supply: Existing employees who can be retrained, promoted, transferred, or otherwise redeployed to fill anticipated future HR requirements

Question 2

What is external human resource supply?

Answer 2

External supply: Members of the workforce not currently employed by the firm, who are currently undergoing training, working for competitors, members of unions or professional associations, in a transitional stage, between jobs, or unemployed

Question 3

Why should preferential treatment be given to existing employees

Answer 3

1. Current employees are already socialized to company norms, rules, procedures, of your organization, and so you
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